Broktech

What Broktech does

Broktech is a private insurance and reinsurance brokerage firm founded in 1997 and headquartered in Beirut, Lebanon. The company employs between 11 and 50 people and positions itself as serving clients across the MENA (Middle East and North Africa) and European Union regions, implying a cross-border intermediation model that connects insureds and cedants with insurance and reinsurance markets across at least two regulatory blocs.

Operating as an intermediary, Broktech's business model is consistent with traditional brokerage economics: revenue is generated through commissions on placed direct insurance policies and reinsurance treaties, with margins determined by placement complexity, line of business, and carrier relationships. The firm's stated geographic scope indicates it likely holds the regulatory authorizations and carrier appointments necessary to place business in both MENA and EU markets, an operational prerequisite for cross-jurisdictional brokerage.

Detailed data on Broktech's specific product lines, technology platform, management team, customer roster, financial performance, partnerships, and recent strategic activity is not available in the source material. The firm's primary website (broktech.com) returned only a verification/waiting screen, and third-party data sources contained no enriched firmographic, leadership, or financial detail. As a result, any deeper assessment of competitive positioning, technology stack, customer concentration, and growth trajectory is materially constrained by the absence of primary source data.

Name

Broktech

Website

https://broktech.com

Company type

Private

Founded year

1997

Headcount range

11–50 employees

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

Reinsurance Brokerage (FSAEADAE)

akta.pro secondary industry

Treaty Reinsurance Brokerage (FSAOAHAA)

Keywords

• Insurance brokerage
• Reinsurance brokerage
• Risk advisory
• MENA insurance
• Commercial insurance

Headquarters

HQ city

Beirut

HQ country

Lebanon

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

Broktech provides insurance and reinsurance brokerage services to clients in the MENA and EU regions. The firm acts as an intermediary placing insurance and reinsurance coverage for its customers, leveraging its regional presence headquartered in Beirut, Lebanon, and operating since 1997.

Differentiator

Problem solved

Functional benefit

Products and services

• Insurance Brokerage
• Reinsurance Brokerage

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Direct peers

• Howden Group: Independent specialty insurance and reinsurance broker with strong MENA footprint (Howden MENA) — among the closest direct comparables in terms of model and regional focus.
• BMS Group: Independent specialty insurance and reinsurance broker with international presence; similar boutique-but-global scale to Broktech and comparable in targeting mid-market and specialty risks.

Broad incumbents

• Aon: Global insurance and reinsurance brokerage leader with extensive MENA and EU presence; directly competes with Broktech on treaty and facultative placements from large and mid-market cedents.
• Arthur J. Gallagher & Co. Large US-listed insurance and reinsurance broker expanding internationally, with growing specialty and reinsurance capabilities that overlap with Broktech's positioning.
• Willis Towers Watson (WTW): Global advisory and brokerage firm with active reinsurance brokerage and MENA operations; competes for treaty placements and corporate insurance business in overlapping regions.
• Marsh & McLennan (Marsh / Guy Carpenter): Operates Marsh for insurance brokerage and Guy Carpenter for reinsurance, the closest functional competitor to Broktech's combined insurance/reinsurance offering across MENA and EU.

Regional players

• Trust International Insurance & Reinsurance: MENA-based insurance and reinsurance brokerage and advisory firm; competes with Broktech directly for clients in Lebanon and the wider region.
• Chedid Re (Reinsurance Solutions Group): MENA-headquartered reinsurance broker operating from Lebanon and the Gulf; a directly comparable peer in treaty and facultative placements in the same geography.

Emerging players

• Acrisure: Fast-growing US-headquartered insurance brokerage platform that has been extending into specialty and international lines, increasingly overlapping with mid-market brokers like Broktech.
• Al-Futtaim Group Insurance & Reinsurance: Regional player offering insurance and reinsurance-related intermediation across MENA; competes for similar local cedent relationships in adjacent GCC markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Broktech