OLEA to Acquire Marsh Uganda and Marsh Botswana

(3 Minutes Read)

The acquisition of Marsh Botswana and the merger of Marsh Uganda with OLEA’s existing operations in Uganda represent a significant step in OLEA’s growth strategy. It underscores the company’s commitment to providing tailored insurance solutions.

OLEA, the Pan African insurance broker, has announced its agreement to acquire Marsh Uganda and Marsh Botswana, pending local regulatory approval. The move follows a successful five-year collaboration between the two companies and aims to bolster OLEA’s presence in the African insurance market.

Since entering East Africa in 2019 with a 40% stake in Kenya’s Koolridge Insurance Brokers, OLEA has positioned Nairobi as a key hub for expansion into neighbouring markets, including Uganda, Rwanda, and Tanzania.

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The acquisition of Marsh Botswana and the merger of Marsh Uganda with OLEA’s existing operations in Uganda represent a significant step in OLEA’s growth strategy. It underscores the company’s commitment to providing tailored insurance solutions.