What Ferrer & Ojeda does

Ferrer & Ojeda is a Spanish family-owned insurance brokerage and risk management group headquartered in Barcelona, tracing its heritage to 1898 and self-described as the first family insurance brokerage group in Spain. The firm operates through multiple wholly-owned entities — Ferrer&Ojeda Asociados Correduría de Seguros, Exel Broker de Seguros, Correduría de Seguros C. Lorente, Ferrer&Ojeda Asociados Baleares, and the Weplan agencies — alongside retained acquisition brands ExelBroker, Perea Grup, and Iñaki Durán. The group's product portfolio spans property and casualty (including D&O, machinery breakdown, construction all-risks, fleets), health and benefits, cyber risks, credit and surety, transportation and marine, and a full personal lines suite for private customers (home, art, vehicles, boats, life, accidents, travel). Specialized lines such as recreational boat insurance are a 120-plus-year heritage niche, complemented by modern offerings like cyber risk cover and telemedicine-enabled health policies.

The business serves more than 8,000 business groups — across manufacturing, construction, logistics, retail, chemical/pharmaceutical, energy, education, healthcare, tourism, real estate, professional services, and public sector segments — alongside individual private clients, with a stated 96%+ annual policy renewal rate and a 14+ year average client relationship. Distribution is executed via a 15+-office national network (Barcelona HQ plus Madrid, San Sebastián, Mallorca, Zaragoza, Bilbao, Sevilla, Valencia, Alicante and other cities) staffed by 200+ specialists organized by sector and territory, supported by 24/7 assistance, ESG consulting, and a due-diligence service for M&A transactions.

The firm earns revenue primarily through insurance brokerage commissions, paid by carriers for placing and servicing policies on behalf of clients across personal, commercial, and specialty lines. ISO 9001 (AENOR) and IQNET certifications cover the core brokerage companies, and an information security policy has been in force since December 2020. Pricing is quote-based and not publicly disclosed; growth is pursued through a combination of product-line extension, regional office openings, and tuck-in acquisitions of specialist brokerages integrated under the family group.

Name

Ferrer & Ojeda

Legal name

Ferrer&Ojeda Asociados Correducía de Seguros, S.L.

Website

https://ferrerojeda.com

Company type

Private

Founded year

1898

Operating status

Operating

Headcount range

101–250 employees

Short description

Ferrer & Ojeda is a Barcelona-headquartered family-owned insurance brokerage and risk management group founded in 1898, serving more than 8,000 Spanish business groups and private clients across P&C, health & benefits, cyber, credit & surety, marine, and personal lines through a 15+ office network and 200+ specialists.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321)

akta.pro primary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

akta.pro secondary industries

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD), High Net Worth Personal Lines (E&S) (FSAJAGAO)

Keywords

• Insurance brokerage
• Risk management
• Corporate insurance
• Personal insurance
• Employee benefits

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices19 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Insurance Brokerage Commissions: The company operates as an insurance broker earning commissions from insurance companies for placing policies. The Group is composed of Ferrer&Ojeda Asociados Correduria de Seguros, Exel Broker de Seguros, and Correduria de Seguros C. Lorente, all dedicated to mediation and advice in policy contracting, claims processing, and insurance portfolio management.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Ferrer & Ojeda is a family-owned Spanish insurance brokerage that mediates, advises on, and manages insurance policies and claims on behalf of clients. The Group places business and personal lines (property & casualty, civil liability, D&O, cyber, credit & surety, transportation & marine, health & benefits) with insurers and earns commissions from those placements. It also provides risk management consulting, due diligence for transactions, and 24/7 claims assistance through a national office network.

Product overview

Ferrer & Ojeda is a leading Spanish family-owned insurance brokerage group offering a comprehensive portfolio of insurance products and risk management services. The company operates through its core divisions: Property & Casualty Insurance (covering property damage, civil liability, D&O, machinery, construction, and fleets), Health & Benefits, Cyber Risks, Credit & Surety, Transportation & Marine, and Private Customers (individual/family coverage including home, art, vehicles, boats, health, life, accidents, and travel). The group also includes subsidiary brands ExelBroker, Perea Grup, and Iñaki Durán. The company serves over 8,000 business groups and provides personalized insurance solutions across all sectors of activity.

Differentiator

Problem solved

Functional benefit

Products and services

• Property and Property Damage Insurance (Propiedad y Daños) Brokering of property damage, material losses, civil liability, D&O, machinery breakdown, construction all-risks, and fleet/vehicle insurance policies for corporate clients.
• Health & Benefits Brokering of group health insurance and employee benefit programs for businesses, including medical-surgical coverage, international coverage options, and family welfare solutions.
• Cyber Risks Insurance (Ciberriesgos) Insurance brokerage services covering cyber risks and technology-related threats for businesses navigating digitalization and emerging technology exposures.
• Credit & Surety Insurance (Crédito y Caución) Brokerage of credit insurance and surety bonds to protect businesses against non-payment and to guarantee contractual obligations.
• Transportation & Marine Insurance (Transportes y Cascos) Brokerage of transportation risk coverage and marine/casco insurance for vessels, watercraft, cargo, and fleets.
• Private Customers Insurance (Clientes Particulares) Personal insurance brokerage for individuals and families, covering home, art, vehicles, boats, health, life, accidents, travel assistance, and savings/family welfare, served by dedicated personal managers.
• Risk Management Services Professional risk management consulting that helps clients identify, assess, and map their business and personal risks, supported by 24/7 assistance.
• Due Diligence Services Insurance due diligence advisory for mergers, acquisitions, and other business transactions to assess policy exposure and coverage adequacy.

Quantifiable outcome

• 96%+ annual policy renewal rate
• +1 more outcomes

Named customers11 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and supporting.

• Exel Broker de SeguroscoreOthersExelBroker is part of the Ferrer&Ojeda Group, the first family insurance brokerage group in Spain. It provides first class insurance solutions leveraging the global capacity of the Ferrer&Ojeda Group.
• Correduria de Seguros C. LorentecoreOthersOperating company of the Ferrer&Ojeda Group, part of the family-owned insurance brokerage group structure in Spain.
• Ferrer&Ojeda Asociados BalearescoreOthersBalearic Islands subsidiary of the Ferrer&Ojeda Group, providing insurance brokerage services in the region.
• Weplan Agencia VinculadasupportingOthersLinked insurance agency under Ferrer&Ojeda Group, registered with the Direccion General de Seguros with code AJ0234.
• Weplan Agencia FinancierasupportingOthersFinancial agency under Ferrer&Ojeda Group, registered with CNMV (Comision Nacional del Mercado de Valores) number 304.
• Inaki DurancoreOthersInaki Duran is a firm of the Ferrer&Ojeda Group, the first family group in insurance brokerage solutions in Spain. It leverages the global capacity of the Group for its clients.
• Perea GrupcoreOthersPerea Grup is a firm of the Ferrer&Ojeda Group, bringing first level insurance solutions with the global capacity of the Group.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• WTW (Willis Towers Watson) Spain: Global advisory and brokerage firm with operations in Spain serving corporate risk, health & benefits, and specialty lines; comparable to Ferrer&Ojeda in core offerings but with multinational client portfolio and broader consulting integration.
• Marsh Spain: One of the world's largest insurance brokers with operations in Spain serving enterprise risk management and specialty lines; overlapping service offering with Ferrer&Ojeda across property, casualty, and D&O, but at materially larger scale and global scope.
• Aon Spain: Global insurance and risk brokerage giant with a sizable Madrid presence; competes with Ferrer&Ojeda across commercial P&C, D&O, health benefits, and risk management in Spain, but operates as a much broader multinational portfolio rather than a Spain-specialist family firm.
• Lockton Spain: World's largest privately-held insurance broker with Spanish operations; competes with Ferrer&Ojeda on enterprise risk and specialty lines, sharing the private/family-controlled ownership ethos but operating at substantially larger scale.
• Howden (Spain): Independent global insurance group with growing Iberian presence; competes directly with Ferrer&Ojeda in commercial and specialty lines while bringing international capacity and alternative capital capabilities outside Ferrer&Ojeda's domestic reach.

Direct peers

• Ges Seguros: Spanish insurance broker serving corporate and private clients across multiple specialty lines; comparable to Ferrer&Ojeda in target market, brokerage model, and Iberian geographic concentration.
• Grupo Concentra: Spanish insurance brokerage group offering multi-line commercial and personal coverage across Iberia; one of the closest direct competitors to Ferrer&Ojeda given similar mid-sized Iberian footprint and product breadth.
• RS Brok Correduría de Seguros: Spanish insurance brokerage specializing in commercial and corporate lines; comparable to Ferrer&Ojeda in target segment and product portfolio but operating at smaller scale.
• BROKERS'94: Spanish corporate insurance brokerage serving enterprise clients across P&C, D&O, and specialty lines; comparable mid-market Iberian competitor to Ferrer&Ojeda's enterprise business division.
• Grupo Previsora Bilbaína: Historic Spanish insurance and brokerage group with similar longevity and multi-line commercial offering; competes with Ferrer&Ojeda across Spanish corporate and personal insurance segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ferrer-&-ojeda
• Xx.com/ferrerojeda

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ferrer & Ojeda