Medmark
Medmark Insurance Brokerage is an Egyptian insurance broker founded in 1984, placing personal, family, and corporate policies with 35+ carriers including Bupa Global, AXA, and Allianz, and serving individuals, families, and businesses across five Egypt branches.
- Company typePrivate
- Founded1984
- HeadquartersCairo, Egypt
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Medmark does
Medmark Insurance Brokerage is a privately held Egyptian insurance brokerage and advisory firm founded in 1984 and headquartered in Mohandessin, Cairo. The company operates as an intermediary placing personal, family, and corporate insurance policies with a network of more than 35 insurance carriers, including Bupa Global, AXA, Allianz, MetLife, CHUBB, Tokio Marine, and Misr Insurance. Its product portfolio spans nine core lines: for individuals and families — International Private Medical Insurance (IPMI), Domestic Medical Insurance, Life Insurance, Saving Plans, Car Insurance, Home Insurance, and Boat Insurance; and for businesses and organizations — Employee Benefits Solutions and Property and Casualty Insurance Solutions. Medmark is registered with the Egyptian Financial Regulatory Authority under number 26 and has been Bupa Global's largest distributor worldwide since 1998, accumulating 9 Bupa Top Distributor awards and a current No. 10 global distributor ranking.
The firm earns revenue primarily through commissions paid by insurance carriers on placed policies (transaction-fee model), with quote-based pricing, annual billing, and no publicly disclosed standard pricing tiers. Its go-to-market is sales-led, combining a 24/7 hotline (19247), website quote-request forms, dedicated enterprise account managers for corporate employee-benefits clients, and field sales. Distribution is supported by five physical branches across Greater Cairo and Alexandria (Mohandessin HQ, second Mohandessin, Heliopolis, New Giza, Alexandria), active social media presence on Facebook, Instagram, YouTube, and LinkedIn, and an educational blog. Customer segments follow a hybrid model: individuals/families (primary, persona-based), businesses/organizations (employee benefits and P&C), and corporate property-and-casualty buyers.
Medmark's underlying technology is described as a standard insurance brokerage platform and service infrastructure with no disclosed APIs, SDKs, integrations, or AI capabilities. The firm operates a wholly owned subsidiary, Medmark TPA, which provides Third Party Administration services for insurance claims management — an adjacent revenue stream beyond brokerage commissions. No public revenue, headcount, funding, or valuation figures are disclosed.
Medmark firmographics
Firmographics- Name
- Medmark
- Legal name
- Medmark Insurance Brokerage
- Website
- https://medmark.eg
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Medmark Insurance Brokerage is an Egyptian insurance broker founded in 1984, placing personal, family, and corporate policies with 35+ carriers including Bupa Global, AXA, and Allianz, and serving individuals, families, and businesses across five Egypt branches.
- Ownership category
- akta.pro rank
Medmark industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs) (FSAIAGAH)
- akta.pro secondary industries
- Medigap Distribution & Brokerage (Captive/Independent/IMO/FMO) (HLAEADAD), Medigap Member Support & Care Navigation (Advocacy/Concierge) (HLAEADAH)
Keywords
Where Medmark is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices5 records
Markets served
Medmark business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Brokerage Commissions: Medmark earns revenue through commissions from insurance companies for placing policies with individual and corporate clients. As a brokerage firm, they act as intermediaries between insurance providers and customers, earning referral fees and brokerage commissions on all insurance products sold.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom insurance solutions - pricing varies by product and coverage level |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Medmark product offering
Product offeringCore offering
Medmark is a full-fledged insurance brokerage and advisory firm based in Egypt that acts as an intermediary between customers and over 35 insurance partner brands. It sells personal insurance products (International and Domestic Medical Insurance, Life Insurance, Saving Plans, Car, Home, and Boat Insurance) to individuals and families, and corporate insurance solutions (Employee Benefits programs and Property & Casualty coverage) to businesses and organizations. Revenue is generated through commissions earned on policies placed with insurance carriers, supplemented by advisory, claims handling, and 24/7 support services.
Product overview
Medmark is an insurance brokerage and advisory firm in Egypt offering a comprehensive portfolio of insurance products and services. The company operates as a broker connecting individuals, families, and businesses with multiple insurance providers. Their product portfolio includes nine core offerings: for individuals and families - International Private Medical Insurance (IPMI), Domestic Medical Insurance, Life Insurance, Saving Plans, Car Insurance, Home Insurance, and Boat Insurance; for businesses - Employee Benefits Solutions and Property & Casualty Insurance Solutions. Medmark acts as an intermediary, leveraging partnerships with over 30 insurance companies including Bupa, AXA, Allianz, MetLife, and others to provide tailored coverage options with claims management and account services.
Differentiator
Problem solved
Functional benefit
Products and services
- International Private Medical Insurance (IPMI) International medical insurance providing access to healthcare treatments worldwide without network restrictions, including second medical opinions, full cancer coverage, and no age limits. Distributed via Bupa Global partnership for individuals and families seeking globally-mobile health coverage.
Quantifiable outcome
- 40+ years of experience in insurance brokerage and advisory
- +2 more outcomes
Companies that use Medmark
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles2 records
Medmark technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Medmark partnerships and signals
Strategic signalPartnerships
35 partnerships are on record, tiered core and major.
- Bupa GlobalcoreBupa Global is Medmark's flagship international medical insurance partner. Medmark is Bupa Global's largest distributor worldwide and has been since 1998. They have won 9 Bupa Top Distributor awards over the years.
- AXAcoreAXA is a key international medical insurance partner offering international private medical insurance plans alongside Bupa through Medmark's brokerage services.
- AllianzcoreAllianz provides domestic medical insurance coverage through Medmark's distribution network in Egypt.
- MetLifecoreMetLife provides life insurance products through Medmark's brokerage services in Egypt.
- Misr InsurancemajorMisr Insurance (Misr Tameen) is a major Egyptian insurance provider offering medical, life, and general insurance products through Medmark.
- Tokio MarinemajorTokio Marine provides car insurance and property insurance solutions through Medmark's distribution network.
- Royal InsurancemajorRoyal Insurance offers domestic medical insurance products through Medmark's Egyptian network.
- GIG (Gulf Insurance Group)majorGIG provides domestic medical insurance and car insurance products through Medmark.
- Suez Canal InsurancemajorSuez Canal Insurance offers car insurance products through Medmark's brokerage network.
- Delta InsurancemajorDelta Insurance provides home insurance products through Medmark's distribution.
- Orient InsurancemajorOrient Insurance offers domestic medical insurance and home insurance through Medmark.
- Libano-Suisse InsurancemajorLibano-Suisse provides domestic medical insurance coverage through Medmark.
- Arope InsurancemajorArope Insurance offers domestic medical insurance products through Medmark.
- CHUBBmajorCHUBB provides insurance products through Medmark's distribution network.
- Mohandes InsurancemajorMohandes Insurance offers car insurance products through Medmark's brokerage.
- Wethaq InsurancemajorWethaq provides car insurance products through Medmark's network.
- HowdenmajorHowden insurance products are distributed through Medmark's network.
- GlobemedmajorGlobemed provides medical insurance services through Medmark.
- MednetmajorMednet offers medical insurance coverage through Medmark's distribution.
- MedsuremajorMedsure provides medical insurance products through Medmark.
- Next CaremajorNext Care offers medical insurance services through Medmark.
- MadamajorMada insurance products are distributed through Medmark's network.
- Horizon InsurancemajorHorizon provides domestic medical insurance coverage through Medmark.
- Seha OnemajorSeha One offers medical insurance services through Medmark.
- International SOSmajorInternational SOS provides medical assistance and security services as part of Medmark's comprehensive insurance offerings.
- Misr Life InsurancemajorMisr Life Insurance provides life and pension products through Medmark for employee benefits solutions.
- QNB LifemajorQNB Life offers life insurance products through Medmark's network.
- Eskan InsurancemajorEskan Insurance products are distributed through Medmark.
- Kaf InsurancemajorKaf Insurance provides coverage through Medmark's distribution network.
- Inaya InsurancemajorInaya Insurance products are distributed through Medmark.
- Misr Takaful InsurancemajorMisr Takaful provides takaful (Islamic insurance) products through Medmark.
- Salama InsurancemajorSalama Insurance products are distributed through Medmark.
- Sarwa InsurancemajorSarwa Insurance offers domestic medical insurance through Medmark.
- Sarwa LifemajorSarwa Life provides life insurance products through Medmark.
- Egyptian TakafulmajorEgyptian Takaful offers Islamic insurance products through Medmark.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Medmark competitors and assessment
Company assessmentRegional players
- Allianz Egypt: Egyptian arm of the global insurer and a Medmark carrier partner. Allianz Egypt competes in the same medical and life insurance markets Medmark distributes, and represents the broader carrier-vs-broker dynamic that affects Medmark's commission economics.
- AXA Egypt: Major insurance carrier operating in Egypt and a partner of Medmark. AXA Egypt is a regional player with overlapping product lines (medical, life, P&C) where it both partners with and competes against Medmark's brokerage distribution.
Direct peers
- Lockton: Largest independent insurance broker in the world with growing Middle East operations. Lockton competes with Medmark in Employee Benefits and specialty P&C brokerage, particularly for multinational and mid-market corporate accounts.
- Arthur J. Gallagher: Global insurance brokerage and risk management firm with international operations. Gallagher competes with Medmark in commercial insurance placement, Employee Benefits, and cross-border insurance solutions for corporate clients.
- Marsh: World's largest insurance broker with operations across MENA. Marsh is a direct peer in insurance brokerage and risk advisory, competing for the same corporate Employee Benefits and P&C accounts that Medmark serves in Egypt.
- Aon: Global professional services firm with a major insurance brokerage practice across the Middle East. Aon is a direct peer in insurance placement, Employee Benefits consulting, and risk management for corporate clients overlapping with Medmark's target market.
- Willis Towers Watson: Global advisory, broking, and solutions firm with MENA operations. WTW competes directly with Medmark in Employee Benefits brokerage and corporate risk advisory, especially for multinational clients seeking group medical and pension solutions in the region.
- Howden: Global insurance and reinsurance broker with an established MENA presence. Howden is a directly comparable peer — both firms act as intermediaries placing insurance for clients, and Howden already distributes through Medmark's Egyptian network, positioning the two as overlapping competitors and partners across the region.
Broad incumbents
- Bupa Global: International private medical insurance carrier and Medmark's flagship partner. While not a direct broker peer, Bupa Global is a broad incumbent in the same IPMI market Medmark distributes — increasingly capable of direct distribution that could compete with Medmark's intermediary role.
Others
- International SOS: Global medical assistance and security services firm partnering with Medmark for expatriate and corporate clients. International SOS is an adjacent ecosystem participant enabling Medmark's IPMI and Employee Benefits offerings, particularly for multinational employers with globally mobile workforces.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Medmark social profiles
Digital presenceMedmark financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medmark leadership team
Management profileNumber of profiles
Medmark subsidiaries and ownership
Company hierarchySubsidiaries1 record
Medmark funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medmark M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medmark
What does Medmark do?
Medmark is a full-fledged insurance brokerage and advisory firm based in Egypt that acts as an intermediary between customers and over 35 insurance partner brands. It sells personal insurance products (International and Domestic Medical Insurance, Life Insurance, Saving Plans, Car, Home, and Boat Insurance) to individuals and families, and corporate insurance solutions (Employee Benefits programs and Property & Casualty coverage) to businesses and organizations. Revenue is generated through commissions earned on policies placed with insurance carriers, supplemented by advisory, claims handling, and 24/7 support services.
Is Medmark a public or private company?
Medmark is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Medmark founded?
Medmark was founded in 1984. It employs 251 to 500 people.
Where is Medmark based?
Medmark is headquartered in Cairo, Egypt, in the Africa region.
How does Medmark make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are Medmark's main competitors?
Regional players on record are Allianz Egypt and AXA Egypt. Direct peers are Lockton, Arthur J. Gallagher, Marsh, Aon, Willis Towers Watson and Howden. Bupa Global is listed as a broad incumbent. International SOS is listed as an others.
Does Medmark have an API?
No public API is recorded for Medmark.
What industry is Medmark in?
Medmark's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAIAGAH, Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs), with a secondary code of HLAEADAD, Medigap Distribution & Brokerage (Captive/Independent/IMO/FMO). Its NAICS code is 5242 and its SIC code is 6411.