The Company has pursued a strategy of vertical integration, providing its partners with a full suite of MGA capabilities.

• Industry Overview: Insurance
• Location: London, UK
• Business Description:
  • Delegated authority for underwriting and claims and is an approved Lloyd’s cover holder
  • Specialist in niche professional indemnity (‘PI’) markets
  • 8 years of niche sector underwriting data
  • Limited number of competitors and high barriers to entry
  • GWP per Underwriting FTE increased by >250% since FY20
  • Automated processes and < 30 mins to generate a quote
  • Multi-year agreement to July 2027(2)
  • Average capacity utilisation of 94% (FY19A – FY22A)
  • Opportunity to expand into ancillary financial lines products
• Financial Summary: FY23 Turnover £25m | EBITDA £5.3m | FY22 Turnover £21m | EBITDA £4.3m | FY21 Turnover £11.7m | EBITDA £2.5m
• Team Overview: A highly skilled and proficient 2nd tier management team in place, working alongside a dedicated and loyal team of 30 employees.

To find out more get in touch with our team quoting reference number: 19901249875.