A long history in Africa
ASCOMA is now an integrated subsidiary of the Chedid Capital Group, a world-leading financial holding company specializing in investment and development in the insurance and reinsurance sectors. With a presence on three continents (the Middle East, Europe, Africa, and Asia), the Chedid Capital Group is built on pillars of excellence such as Chedid Re, a Lloyd’s-authorized broker ranked among the top 15 reinsurance brokers in the world. Since 2024, following the Chedid Capital Group’s full acquisition of Ascoma, the alliance between Ascoma and Chedid Insurance Brokers has established itself as the undisputed leader in insurance brokerage in Africa and the Middle East.
Founded in Paris as a brokerage firm, Ascoma quickly made the strategic decision to expand into Africa.
Driven by an ambitious vision, the company has become the leading independent brokerage network in sub-Saharan Africa, with more than 900 employees in 23 countries.
Since 2021, ASCOMA has continued to grow in partnership with the Chedid Capital Group.
In 2024, the Group became ASCOMA’s sole shareholder, thereby consolidating its position as a leading player in insurance brokerage in Africa and the Middle East.
