The Apio Group
Co-founded in 2011 by Richard Hood and Derek Strydom, the company was initially an independent retail insurance broker and focused on providing risk and insurance solutions to businesses. Apio Group increased its capacity in 2017 by establishing subsidiary companies: Apio Risk Solutions (trade credit, bonds and guarantees) and Apio Wealth (financial planning, employee benefits and life insurance) to become a leading diversified financial services business.
In 2021 Apio Group became part of the OLEA group of companies unlocking significant potential becoming the only Pan African broking business in South Africa with an extensive footprint in Africa, operating in North, West, Central, East and Southern Africa.
Oliver Dubois and Olivier Canuel, two entrepreneurs, founded OLEA in 2017. The team is operated by an international coordination team based in Paris. This unique network was established through a mix of buy-outs of 15 brokerage firms and the opening of nine greenfield subsidiaries, allowing for comprehensive geographical coverage.
The OLEA Group offers services to companies investing in Africa, and international brokers without a presence on the continent. Our team caters to the growing demand for innovation and expert advice, helping clients effectively manage risks on the African continent.
OLEA South Africa
On 31 July 2023, Apio Group rebranded as OLEA South Africa. This partnership consolidated a blend of South African expertise and market capacity, with locally based servicing capability for both local and cross border operations.
OLEA in a nutshell
Regional hubs in Abidjan, Nairobi and Johannesburg
Subsidiaries in the network
Employees in our subsidiaries
M USD of premium placed in 2022
% Part of the capital owned by the founders
Languages spoken in our subsidiaries
Internation programmes serviced in Africa
Average age of our Managing Directors