FELIN INSURANCE BROKERS LTD

What FELIN INSURANCE BROKERS LTD does

Felin Insurance Brokers Ltd is a Ghana-licensed insurance intermediary (broker) incorporated in 2012 and licensed in May 2013 by the National Insurance Commission under the National Insurance Act, 2006 (Act 724). The firm places personal, commercial, and life insurance policies on behalf of clients with carrier partners and earns transaction commissions on premiums placed. Its product catalogue spans 24 lines organized into Personal Insurance (motor, householders' comprehensive, fire, burglary, personal accident, house owners', domestic package, commercial combine), Commercial Insurance (office comprehensive, marine, public liability, professional indemnity, contractors' all risks, contractors' plant and machinery, machinery breakdown, electronic equipment, goods-in-transit, fidelity guarantee, money, workmen's compensation, bonds), and Life Assurance (health, pension, group funeral, ultimate group funeral, investment policies, keyman, term assurance).

The company operates from a 23-person team across five physical branch offices in Accra (headquarters and Spintex Road), Akosombo, Atimpoku, and Kumasi, supplemented by a field sales function led by a Head of Marketing & Field Operations and a website-based "Get a Quote" channel. There is no proprietary technology platform disclosed; distribution and advisory are executed by chartered insurance professionals (ACII/CIIG) with 18-30+ years of industry experience. Felin is founder/management-controlled, with no institutional investors, subsidiaries, patents, awards, or disclosed partnerships in the data, and the CEO is Franklin Gbena (ACII) alongside General Manager Evelyn Gbena (CIIG), COO Godfrey Ainooson, and a board chaired by chartered accountant Isaac Akesseh.

Felin's revenue model is transaction-fee based: commissions on policies placed with insurance carrier partners, with quote-based, pay-as-you-go pricing delivered to clients within 24-48 hours. The go-to-market combines direct consumer engagement via the website, in-person consultation at branch locations, and an enterprise field-sales motion for commercial and corporate clients across all sectors of Ghana's economy.

Name

FELIN INSURANCE BROKERS LTD

Legal name

Felin Insurance Brokers Ltd

Website

https://felininsurancebrokers.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Felin Insurance Brokers Ltd is a Ghana-licensed insurance intermediary placing personal, commercial, and life policies with carrier partners, earning commissions across a 24-product catalogue and serving individuals, SMEs, professionals, and corporates from five branch offices.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Commercial Lines Insurance Brokerage (FSAEADAB)

akta.pro secondary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

Keywords

• Insurance brokerage services
• Commercial insurance advisory
• Personal insurance coverage
• Life assurance products
• Insurance intermediary

Headquarters

HQ city

Accra

HQ country

Ghana

HQ region

Africa

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Felin Insurance Brokers operates as a licensed insurance intermediary providing insurance advisory and brokerage services. They earn commissions from insurance policies placed with insurance companies for their clients across all insurance classes including Personal, Commercial, Life, and specialized lines such as Marine, Engineering, and Oil & Gas.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Felin Insurance Brokers Ltd is a licensed insurance intermediary in Ghana that places insurance policies with insurance carrier partners on behalf of clients and earns brokerage commissions. It offers advisory and tailored policy placement across all major insurance classes, organised into Personal Insurance, Commercial Insurance, and Life Assurance product lines for individuals, professionals, SMEs, and large corporate clients across Ghana.

Product overview

Felin Insurance Brokers Ltd is a licensed insurance intermediary in Ghana that offers a comprehensive portfolio of insurance products organized across three main categories: Personal Insurance (8 products including Householders' Comprehensive, Fire Policy, Burglary Policy, Personal Accident Policy, House Owners' Policy, Domestic Package Insurance, Motor Vehicle Insurance, and Commercial Combine Policy), Commercial Insurance (13 products including Office Comprehensive Policy, Marine Insurance, Public Liability Policy, Professional Indemnity Policy, Contractor's All Risks Erection All Risk Policy, Contractors' Plant and Machinery, Machinery Breakdown, Electronic Equipment Insurance, Goods-in-Transit, Fidelity Guarantee Policy, Money Insurance Policy, Workmen's Compensation Policy, and Bonds), and Life Assurance (7 products including Health Insurance, Pension Plan, Group Funeral, Ultimate Group Funeral Plan, Investment Policies, Keyman Insurance, and Term Assurance). The company serves as an insurance broker providing advisory services and tailored policies to individuals, professionals, small and medium enterprises, and large companies across Ghana.

Differentiator

Problem solved

Functional benefit

Products and services

• Householders' Comprehensive Coverage for personal effects and contents of a house against risks such as fire, lightning, explosion, earthquake, flood, theft, and third-party liability for injuries occurring on the insured property.
• Commercial Combine Policy Enables a corporate entity to insure all insurable risks under one policy, covering property damage, business interruption, liability, employers' liability, products liability, and professional indemnity.
• Fire Policy Provides compensation for loss or damage to residential, commercial, and industrial properties caused by fire, lightning, and allied perils including flood, impact, explosion, earthquake, windstorm, riots, strikes, and civil commotion.
• Burglary Policy Provides protection against losses caused by theft through forcible and violent entry into or exit from insured premises, including damage to property and premises during burglary.
• Personal Accident Policy Provides compensation for bodily injury or death resulting from accidents at home, work, or while traveling, including lump sum payouts, medical expense coverage, and temporary total disability benefits.
• House Owners' Policy Provides coverage to homeowners for potential loss or damage to private dwelling houses caused by fire and allied perils, including expenses due to the dwelling being uninhabitable.
• Domestic Package Insurance Offers insurance coverage for both building and contents against fire, lightning, and theft, including third-party liability cover and additional options such as personal accident, temporary accommodation, and loss of rent.
• Motor Vehicle Insurance Offers three coverage types: Third Party Only (minimum legal requirement), Third Party Fire and Theft (covers fire and theft in addition to TPO), and Comprehensive Policy (covers vehicle damage, third-party liability, personal accident, windscreen damage, and roadside assistance).
• Office Comprehensive Policy Complete protection for office space, equipment, and business operations against multiple risks.
• Marine Insurance Coverage for goods in transit via sea, protecting against losses during shipping and transportation.
• Public Liability Policy Protection against claims for injury or damage caused to third parties by business operations.
• Professional Indemnity Policy Protects professionals from claims due to errors, omissions, or negligence in their services.
• Contractor's All Risks Erection All Risk Policy Comprehensive coverage for construction projects, including damages during erection and maintenance periods.
• Contractors' Plant and Machinery (CPM) Covers loss or damage to contractors' plant and machinery during operation, transport, or storage.
• Machinery Breakdown Insurance for industrial machinery against sudden physical loss or damage during operation or maintenance.
• Electronic Equipment (EEI) Covers loss or damage to electronic equipment like computers and medical devices.
• Goods-in-Transit Protects goods against loss or damage during transportation by various modes.
• Fidelity Guarantee Policy Protects employers from financial loss due to employee dishonesty or fraud.
• Money Insurance Policy Covers loss of money in transit or on premises due to theft, fire, or other risks.
• Workmen's Compensation Policy Compensates employees for injuries or illnesses arising during employment.
• Bonds Provides various bonds like bid bonds, performance bonds, and customs bonds for contractual obligations.
• Health Insurance Medical coverage for individuals and families, ensuring financial protection during health emergencies and treatments.
• Pension Plan Long-term savings plan designed to provide financial security and steady income during retirement years.
• Group Funeral Financial support for funeral expenses, easing the burden on loved ones.
• Ultimate Group Funeral Plan Comprehensive funeral plan covering additional expenses like transportation and catering.
• Investment Policies Long-term investment options for financial growth and returns.
• Keyman Insurance Protects businesses from financial loss due to the death of a key employee.
• Term Assurance Affordable life insurance coverage for a specific term, paying out upon death within that period.

Quantifiable outcome

• Quote turnaround within 24-48 hours
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Hollard Insurance Ghana (formerly Metropolitan Insurance): Ghanaian subsidiary of South Africa's Hollard Group offering personal and commercial lines through broker and agency channels. Several Felin managers started their careers at Metropolitan/Hollard, and it competes for the same SME and individual client base in Ghana.
• Enterprise Insurance Company Ltd: Ghanaian composite insurer and one of the largest insurance groups in the country, offering personal, commercial, and life products through agency and broker channels. Felin's CEO and GM previously worked at Enterprise, and it is a primary carrier counterparty as well as a competitor for direct sales.
• SIC Insurance Company Ltd: State-linked Ghanaian insurer offering motor, fire, marine, and engineering coverage — overlapping directly with Felin's specialty line placements. Felin's COO previously worked at SIC Insurance, making it both a talent feeder and a carrier competitor.
• Vanguard Life Assurance Company Ltd: Ghanaian life insurer offering health, pension, group funeral, and investment policies — directly competing with Felin's Life Assurance segment. Felin's GM Evelyn Gbena previously held a Chartered Insurer role at Vanguard.
• Donewell Insurance Company Ltd: Ghanaian composite insurer with motor, fire, marine, and oil & gas capability — overlapping with Felin's specialty commercial lines. Felin's COO previously served as a Chartered Insurance Underwriter at Donewell.

Broad incumbents

• Marsh (Ghana / Africa operations): Global insurance broker and risk advisory firm with a presence across Africa. Comparable as a competitor for large multinational and corporate accounts in Ghana, but operating with global scale and a much wider portfolio of services.
• Aon (Ghana / Africa operations): Global insurance and reinsurance broker with African operations serving multinational clients. Comparable as a competitor for enterprise and specialty placements in Ghana, though with significantly broader capabilities and geographic reach.

Regional players

• Leadway Assurance (Nigeria): One of Nigeria's largest composite insurers with broad personal and commercial product lines. Comparable in product breadth and broker-distribution model, though operating in a different national market.
• AXA Mansard Insurance (Nigeria): Nigerian subsidiary of AXA offering personal, commercial, and life products through broker networks. Comparable as a large-scale West African multi-line player, though operating primarily outside Ghana.
• NSIA Insurance (Côte d'Ivoire): Leading West African composite insurer headquartered in Côte d'Ivoire with presence across francophone West Africa. Comparable as a regional multi-line broker/insurer operating in adjacent markets Felin could expand into.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/felin-insurance-brokers-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 FELIN INSURANCE BROKERS LTD