P&M Insurance Brokers

What P&M Insurance Brokers does

P&M Insurance Brokers is a privately held insurance brokerage headquartered in Nicosia, Cyprus, founded in 2008. The firm distributes multi-line insurance coverage to individual and commercial clients, offering policies across cyber, property, motor, travel, life, and medical lines. Its operating footprint is concentrated in Cyprus with a headcount in the 11-50 range, and it is led by Managing Director Constantinos Prodromou.

The company operates as a traditional retail/intermediary brokerage, earning revenue via commissions on policies placed with insurance carriers rather than underwriting risk directly. The website (pminsurancebrokers.com) is presently returning a loading/verification placeholder, which limits visibility into current digital capabilities, customer onboarding flow, and pricing mechanics. No technology stack, API, integration, or proprietary platform components are disclosed in the available data, and there is no public evidence of carrier appointments, MGAs, wholesale relationships, or specialty underwriting authority.

No funding rounds, investor disclosures, M&A activity, partnerships, or awards are recorded in the input data. Ownership, parent/subsidiary structure, financial performance, customer composition, and headcount trends are also undisclosed. As a result, any forward-looking assessment of growth, moat depth, or competitive positioning must rest primarily on the static facts of a 16+ year operating history in a small Mediterranean market and a diversified line-of-business mix.

Name

P&M Insurance Brokers

Website

https://pminsurancebrokers.com

Company type

Private

Founded year

2008

Headcount range

11–50 employees

Short description

P&M Insurance Brokers is a privately held Cypriot insurance brokerage based in Nicosia, founded in 2008, distributing multi-line coverage across cyber, property, motor, travel, life, and medical risks to individual and commercial clients.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAB

Commercial Lines Insurance Brokerage

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAA

Retail (Personal Lines) Insurance Brokerage

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAJ

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Commercial insurance brokerage
• Property insurance coverage
• Cyber insurance policies
• Motor insurance brokerage
• Life and medical insurance

Headquarters

HQ city

Engomi

HQ country

Cyprus

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Core offering

P&M Insurance Brokers is a Cyprus-based insurance brokerage firm that arranges insurance coverage across multiple lines including cyber, property, motor, travel, life, and medical. The company acts as an intermediary connecting clients with insurance carriers and underwriters to secure appropriate coverage for both commercial and personal risks.

Differentiator

Problem solved

Functional benefit

Products and services

• Cyber Insurance Coverage
• Property Insurance
• Motor Insurance
• Travel Insurance
• Life Insurance
• Medical Insurance

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights1 record

Direct peers

• AssuredPartners: Mid-size US insurance brokerage with diversified personal and commercial offerings. Comparable as a multi-line broker with similar scale and product breadth, including cyber and specialty lines.
• Alliant Insurance Services: US-based specialty insurance brokerage offering commercial and personal lines. Comparable as a multi-line broker with specialty and cyber expertise, similar mid-market positioning.

Broad incumbents

• Lockton: World's largest independent insurance brokerage. Comparable as a multi-line broker serving commercial and personal clients across property, casualty, and specialty lines.
• Aon: Global insurance and reinsurance brokerage with a Mediterranean presence. Operates as a multi-line intermediary across commercial and personal lines, including cyber and specialty, competing for the same client base.
• Hub International: North American insurance brokerage with growing international footprint. Comparable as a multi-line broker offering property, casualty, personal, and specialty products to commercial and individual clients.
• Howden Group Holdings: Independent global insurance broker with growing Mediterranean and European footprint. Directly comparable as a multi-line broker expanding into specialty and cyber lines.
• Willis Towers Watson: Global advisory, broking, and solutions firm with insurance brokerage operations. Comparable as a multi-line insurance intermediary serving commercial and specialty markets.
• Marsh (Marsh McLennan): Global insurance brokerage and risk advisory firm with a presence in Cyprus. Comparable as a multi-line insurance broker serving commercial and personal clients, though vastly larger and with broader capabilities.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm. Comparable as a diversified intermediary offering commercial, personal, and specialty coverage including cyber.

Emerging players

• Hiscox: Specialty insurer and broker with strong cyber and SME commercial offerings. Comparable through their cyber and specialty line focus, though they operate as a carrier-distributor hybrid rather than pure broker.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

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 P&M Insurance Brokers