27.07.2023 – MEDIAN, a Portuguese insurance broker, has now become part of the Concentra Group. This acquisition boosts the growth of the Concentra Group in the Iberian region, increasing its presence in the Portuguese market, in addition to the acquisition of Melior in 2021.
The Concentra Group continues with its expansion and growth plans to position itself as the largest independent insurance broker in the Iberian Peninsula.
MEDIAN is a brokerage firm with nearly 50 years of experience, founded and led by Abílio Almeida Santos, with a global focus and service in risk consulting and management. The company also has a strong specialization in international business, supported by its membership in the five main international networks of insurance brokers (TechAssure, WBN, WING, IBN and AESIS). Thus, MEDIAN becomes the business unit specialized in international operations in the retail sector within the Concentra Group, operating autonomously and specialized in this area.
This new acquisition is of great importance for the Concentra Group, which continues to grow in the Portuguese market, where it hopes to continue closing operations in the coming months.
The CEO of the Concentra Group, Javier López-Linares, states that “this new acquisition reaffirms our firm commitment to the growth and expansion plan we have established. In addition, we continue to strengthen our international presence, incorporating highly qualified professionals with a strong human sense into our team.”
For João Almeida Santos, new CEO of MEDIAN Insurance Brokers, “being part of the Concentra Group is undoubtedly a reason for pride and satisfaction. It is also a new and exciting challenge for the entire MEDIAN team. We are excited to start integrating this magnificent project of the Concentra Group with the aim of continuing to meet the objectives set.”
João Almeida Santos will also join the Executive Committee of the Concentra Group, reporting directly to the entity’s CEO, José Luis Ocón.
About the Concentra Group:
The Concentra Group is one of the main insurance and reinsurance brokers in Spain and Portugal and is composed of several brands that operate independently in three lines of business: retail, wholesale and warranty extension. Currently, the group has more than 280 professionals with deep knowledge of the insurance and reinsurance sector.