The company provides comprehensive reinsurance brokerage services for major global clients across a range of high-value markets, receiving risk from brokers and insurance companies to be placed with either Lloyd’s or international reinsurers.

Utilising a highly experienced team with a wealth of knowledge within the sector, the company prides itself on providing unparalleled, customer-focused services, striving to deliver bespoke solutions that are ideally suited for each client’s unique requirements.

The shareholders are now offering the company for sale as part of their strategy to accelerate its expansion, with access to more capital and additional investment in human resources enabling it to capitalise on all available opportunities.

Key Highlights

– The company is Lloyd’s registered, FCA approved and amongst the few elite insurance brokers than can write business with the London Syndicate.

– Operating internationally, the company predominantly works with organisations based in Asia, the Middle East and Africa.

– The company works with insurance companies and insurance brokers to provide support for organisations in a range of industries, with particular prominence in the banking, agriculture, manufacturing, marine and oil sectors.

– Highly experienced team in place, benefitting from a wealth of specialist expertise. All members of the team will remain with the business, post-sale, with the shareholders wishing to move into producing broker roles.

– Operates from centrally located leasehold premises based in London.

Financial Highlights

Turnover is on course to reach £1.9m in YE23, with an adjusted EBITDA of circa
£1.4m.

Projected turnover of £2,000,000 in YE24, increasing to £3,350,000 by YE27,
with an average adjusted EBITDA of 68%.

– At present, the company has books of business of around $10 million premium.

– The company has also recently been awarded an additional contract, valued at circa $2 million, with a new, significant client in Asia, with a premium valued at $35 million.

– The global reinsurance market reached an estimated value of $498.7 billion in 2021, and is projected to rise to $1.3 trillion by 2031, achieving a CAGR of 10.8% from 2022 onwards, presenting significant scope for further growth.