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International Insurance Business – London, UK – Ref No: 20224336393

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    Business Details

    A unique opportunity to gain significant growth by acquiring an MGA that provides innovative insurance solutions.

    • Industry Overview: Insurance
    • Location: London, UK
    • Business Description:
      • The business specialises in Professional Indemnity, After the Event, Commercial Risks and Directors & Officers
      • Committed to offering a first-class service to their global strategic Broking partners
      • The company operates an international broker network
      • Presence in Europe, Australia, Mena, Africa, North America and South America
      • Limited number of competitors and high barriers to entry
      • GWP per Underwriting FTE increased year on year since FY20
      • The company has made several business acquisitions to expand its services
      • Focused on geographic growth
      • Highly experienced and loyal team
      • Opportunity to expand into ancillary financial lines products
    • Financial Summary: FY23 Turnover £25.2m | EBITDA £4.3m | FY22 Turnover £19m | EBITDA £3.3m | FY21 Turnover £11.7m | EBITDA £2.5m
    • Team Overview: There is a team of 30 highly skilled professionals led by a dedicated team of managers.

    To find out more get in touch with our team quoting reference number: 20224336393.