UK Specialist Lloyd’s Insurance Broker For Sale

Turnover of £1.3m with adjusted EBITDA of £478k. Broker and coverholder for Lloyd’s of London. Operates in the UK and internationally, placing all classes of risk; specialising in property, contract works, casualty insurance and binder business. Utilises innovative technology to provide a visual presentation, enabling underwriters to make a more accurate assessment of risk. Long-standing relationships with major insurers such as Aviva, AXA and Allianz. Designed its own policy and unique range of apps. Reliable client base with contracts renewed annually. Regulated by the FCA. The shareholders are happy to remain with the company post-sale to assist a new owner with the development and growth of the business. The shareholders are offering the company for sale to plan for retirement, so they would like to see sight of an exit in the medium to long-term. Offers invited.