HJS Insurance Agents & Consultants

What HJS Insurance Agents & Consultants does

HJS Insurance Agents, Sub-Agents & Consultants Ltd is a privately-held licensed insurance intermediary registered in Cyprus under registration number HE360740, headquartered in Engomi/Nicosia with 1-10 employees. The company operates as a multi-carrier broker/agent rather than a risk underwriter, distributing policies from multiple local and global insurance providers to both businesses and individuals across all major Cypriot districts. Revenue is commission-based: the firm is paid by the carrier with no incremental fee passed to clients, who pay the same premium whether purchasing directly or via HJS. There is no disclosed funding, no institutional backing, and ownership appears concentrated with founding management including Director Andreas Hadjisofocleous.

The product portfolio is unusually broad for a micro intermediary, spanning 12 business insurance lines (employers/public/product liability, office, property, group life & medical, professional indemnity, provident fund, cyber risk, business accident & travel, marine cargo, D&O, technology companies, and specialised products) and 11 personal lines (property owners, home, car, life & medical, wealth & income protection, building administrative committee, travel, foreign workers medical, compulsory professional indemnity, architects/civil engineers professional indemnity, and specialised products). Two niches are clearly emphasised: mandatory professional indemnity cover required by ETEK for architects and civil engineers (disclosed pricing €322/year for €300,000 limits), and a dedicated expatriate proposition covering home, auto, medical and travel for foreign nationals relocating to Cyprus, including Russian-language editorial content.

Distribution is hybrid and digital-first: a website with quote-request forms, a mobile application launched April 2024 for iOS and Android, plus phone, WhatsApp, and in-person advisory consultations at the Nicosia office. Go-to-market blends sales-led direct advisory with community-led positioning through event co-organization (Startup Europe Week Nicosia 2021, TEDx Youth Engomi) and earned media (Cyprus Airways in-flight magazine 2024, Cyprus Insurance WEBTV podcast, World Economic Forum Summer Davos 2021 representation). The company is GDPR-compliant and operates under a standard insurance-intermediary license with no proprietary technology platform, no API, and no disclosed AI capabilities.

Name

HJS Insurance Agents & Consultants

Legal name

HJS Insurance Agents, Sub-Agents & Consultants Ltd

Website

https://www.hjsinsurance.com.cy

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

HJS Insurance Agents & Consultants is a Cyprus-licensed insurance intermediary (1-10 employees, registration HE360740) distributing business and personal insurance from multiple local and global carriers, with specialist positioning in expatriate and mandatory professional indemnity products across Cyprus.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Employee Benefits Brokerage & Consulting (FSAEADAC)

akta.pro secondary industries

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD), Public Liability (Premises/Operations) (FSAJADAD), Co-Employment Risk Management & Insurance (Workers’ Comp, Liability) (BPACAGAH), Travel Insurance Coordination (HSACAKAI)

Keywords

• Commercial insurance brokerage
• Personal insurance products
• Professional indemnity insurance
• Expatriate insurance services
• Multi-carrier insurance agency

Headquarters

HQ city

Engomi

HQ country

Cyprus

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission: HJS Insurance acts as an insurance intermediary/agent earning commissions from insurance companies. Agents are paid a commission by the insurance company for services provided to clients. The commission and distribution fees are included in the premium of insurance products. Clients pay the same price whether purchasing directly from the insurance company or through HJS.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

HJS Insurance Agents & Consultants is a licensed insurance intermediary in Cyprus that sources and distributes business and personal insurance products from multiple local and global insurance providers on behalf of clients. The firm earns commissions embedded in policy premiums and offers advisory consultations, policy selection guidance, and claims support across commercial lines (liability, property, professional indemnity, cyber, D&O, marine cargo, group benefits) and personal lines (home, auto, life & medical, travel, foreign workers' medical). Service is delivered through digital channels, a mobile app, and in-person consultations across Cyprus.

Product overview

HJS Insurance Agents & Consultants is a licensed insurance intermediary company in Cyprus offering a comprehensive portfolio of insurance products and services. The company operates as an insurance agency/broker model, collaborating with multiple local and global insurance providers to offer tailored solutions. The product portfolio consists of two main categories: Business Insurance (12 products including employers liability, property, professional indemnity, cyber risk, and technology companies coverage) and Personal Insurance (11 products including home, car, life, medical, travel, and specialized professional indemnity). The company also provides a client portal for account management and a mobile app for policy access. A core differentiator is their specialization in expatriate services, providing insurance solutions for foreigners relocating to Cyprus, including guidance on the GESY public healthcare system versus private alternatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Employers, Public & Product Liability Insurance Commercial liability coverage for Cyprus businesses protecting against employee, public, and product-related claims arising from operations.
• Office Insurance Coverage tailored to office premises and equipment for Cyprus businesses.
• Property Insurance Commercial property coverage for Cyprus businesses against fire, theft, natural disasters, and similar risks.
• Group Life & Medical Insurance Group employee benefits providing life and medical coverage to a company's workforce in Cyprus.
• Professional Indemnity Insurance Professional indemnity coverage for professionals against negligent acts, errors, or omissions in their professional services.
• Provident Fund Insurance Coverage protecting and supplementing employee provident fund schemes and retirement plans.
• Cyber Risk Insurance Coverage for businesses against cyber threats, data breaches, and technology-related digital risks.
• Business Accident & Travel Insurance Combined accident and travel coverage for business trips and work-related incidents.
• Marine Cargo Insurance Coverage for goods in sea transit against loss or damage during shipping operations.
• Directors & Officers Liability Insurance D&O coverage protecting company directors and officers from personal liability from management decisions.
• Technology Companies Insurance Specialized coverage for technology companies addressing technology-specific risks including errors and omissions, media liability, and other tech exposures.
• Specialised Business Insurance Products Customized commercial insurance solutions for businesses with non-standard or specialized risks.
• Property Owners Insurance Home and contents coverage for property owners in Cyprus, including Airbnb and short-term rental properties.
• Expats Home Insurance Home insurance tailored to the needs of expatriates living in Cyprus.
• Car Insurance Motor vehicle insurance for personal vehicles in Cyprus, including third-party liability and comprehensive cover, with support for foreign driving licenses.
• Life & Medical Insurance Health and life insurance plans providing medical access, hospital coverage, and family financial protection.
• Wealth & Income Protection Wealth protection, pension planning, and income security solutions for individuals.
• Building Administrative Committee Insurance Mandatory cover for jointly-owned Cyprus buildings against fire, earthquake, lightning, and related risks, extending to individual apartments.
• Travel Insurance International travel insurance for single-trip or annual multi-trip needs, including medical, evacuation, cancellation, and baggage.
• Foreign Workers' Medical Insurance Mandatory medical insurance for foreign employees in Cyprus tied to work permit requirements, covering inpatient, outpatient, repatriation, and birth benefits.
• Professional Indemnity Insurance for Architects and Civil Engineers ETEK-mandated professional indemnity insurance for architects and civil engineers in Cyprus, with €300,000 per-claim and aggregate limits, priced from EUR 322/year including policy fees.
• Compulsory Professional Indemnity Insurance Mandatory professional indemnity coverage required by professional bodies for accountants, lawyers, architects, civil engineers, and other licensed professionals.
• Personal Specialised Insurance Products Customized personal insurance solutions for individuals with non-standard or specialized coverage needs.
• HJS Insurance Mobile App Mobile application for HJS Insurance clients to access personal accounts, view policies, and manage insurance accounts on iOS and Android devices.

Quantifiable outcome

• 40+ years of collective insurance expertise across the team
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Aon Cyprus: Global insurance and reinsurance brokerage with operations in Cyprus offering risk advisory, commercial insurance placement, and employee benefits consulting to businesses — directly comparable multi-line intermediary model operating in the same geography.
• Marsh Cyprus: Global insurance broker and risk advisor with Cyprus presence serving enterprise and mid-market clients across property, casualty, employee benefits, and specialty lines — comparable to HJS's commercial and personal placement function but at far greater scale.
• Willis Towers Watson (WTW) Cyprus: International insurance brokerage and advisory firm with Cyprus operations delivering commercial insurance placement, risk management, and employee benefits — directly comparable full-service intermediary model.
• Howden Insurance Brokers: Independent global insurance intermediary with European presence (broking across P&C, specialty, reinsurance, employee benefits) — comparable to HJS in offering multi-line commercial and personal coverage through a broker platform.
• Lockton: World's largest privately-held independent insurance broker operating internationally, offering commercial risk, employee benefits, and specialty coverage — comparable independent brokerage model with similar multi-carrier placement approach.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with European presence covering commercial P&C, employee benefits, and specialty lines — comparable multi-line intermediary serving business and individual clients.
• Acrisure: Fast-growing global insurance brokerage with European operations offering commercial and personal lines placement — comparable multi-carrier broker model though at meaningfully larger scale.

Emerging players

• Hiscox: Specialty insurer and broker with strong digital distribution, particularly relevant to HJS's Professional Indemnity, Cyber Risk, and Technology Companies Insurance lines where Hiscox has overlapping specialty expertise.

Others

• Allianz Insurance Cyprus: Cyprus-licensed carrier offering direct property, motor, and personal insurance products — competes with HJS as a direct-to-consumer alternative rather than as a broker, illustrating the carrier-vs-intermediary dynamic in the local market.
• TravelSafeNow: Online travel insurance platform referenced in HJS's own distribution mix as the travel insurance purchase destination — adjacent ecosystem participant overlapping with HJS's travel insurance line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/hjsinsurance
• LinkedInlinkedin.com/company/hjs-insurance
• Instagraminstagram.com/hjsinsurance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 HJS Insurance Agents & Consultants