REVAU
REVAU is a Canadian-based North American Managing General Agent and wholesale insurance brokerage specializing in property and casualty insurance across energy, marine, and specialty lines, serving brokers and insured parties through acquired brands and Lloyd's of London capacity.
- Company typePrivate
- Founded1993
- HeadquartersTerrebonne, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
What REVAU does
REVAU Advanced Underwriting Inc. is a North American Managing General Agent (MGA) platform headquartered in Terrebonne, Canada, specializing in property and casualty insurance with a primary focus on upstream oil & gas and marine risks. The company operates across Canada and the United States, including a Houston-based operation through its acquired subsidiary Triad Oilfield Underwriters, and functions as a wholesale insurance brokerage with distribution mediated through broker networks. REVAU holds Lloyd's of London coverholder status with delegated underwriting authority via Triad, providing access to specialist capacity providers in the London market for complex energy and marine risks.
The business has executed an aggressive M&A-led growth strategy since partnering with private equity firm Novacap in 2020, completing 10 acquisitions over approximately six years. Notable transactions include the May 2025 acquisitions of Brazos Specialty Risk and Twenty Mile Insurance Services, and the February 2026 acquisition of Triad Oilfield Underwriters (REVAU's third U.S. MGA acquisition). Triad, founded in 2017 and expanded through its 2022 merger with Bayshore Underwriters, anchors REVAU's energy and marine underwriting capabilities. The platform employs 101-250 staff and operates multiple acquired brands alongside the Revau Advanced Underwriting core brand, with Novacap described as conducting a corporate valuation process on the business.
REVAU's revenue model is built on specialty insurance underwriting commissions, brokerage fees, and premium-related income streams across energy, marine, and broader specialty P&C lines. The platform's vertical segmentation approach focuses on underserved specialty segments where specialized underwriting expertise and London market relationships provide differentiation. Pricing is not publicly disclosed, and the company has not announced standalone revenue figures. No AI/ML capabilities, proprietary technology platforms, or digital distribution channels are disclosed in the available data.
REVAU firmographics
Firmographics- Name
- REVAU
- Legal name
- Revau Advanced Underwriting Inc.
- Website
- https://revau.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- REVAU is a Canadian-based North American Managing General Agent and wholesale insurance brokerage specializing in property and casualty insurance across energy, marine, and specialty lines, serving brokers and insured parties through acquired brands and Lloyd's of London capacity.
- Ownership category
- akta.pro rank
REVAU industry classification
Industry- Product category
- Specialty Insurance Underwriting
- NAICS
- Nonresidential Property Managers (531312)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
Keywords
Where REVAU is headquartered
LocationHeadquarters
- HQ city
- Terrebonne
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
REVAU business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
REVAU product offering
Product offeringCore offering
REVAU is a North American Managing General Agent (MGA) that underwrites and brokers specialty property and casualty insurance, with a focus on upstream oil & gas and marine risks. The company operates as a unified MGA platform delivering specialty underwriting capabilities through organic growth and a sustained acquisition program, distributing via wholesale broker relationships and Lloyd's of London delegated authority.
Product overview
Revau Advanced Underwriting is a single, unified MGA platform for specialty property and casualty insurance in North America. The platform is anchored by the Revau Advanced Underwriting core brand and extends its capabilities through acquired brands including Triad Oilfield Underwriters, which specializes in upstream oil & gas and marine insurance as a Lloyd's of London coverholder.
Differentiator
Problem solved
Functional benefit
Products and services
- Revau Advanced Underwriting
- Triad Oilfield Underwriters
Companies that use REVAU
Customer profileSegments1 record
Ideal customer profiles1 record
REVAU technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
REVAU partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Lloyd's of LondoncoreTriad Oilfield Underwriters operates as a Lloyd's of London coverholder with delegated underwriting authority, providing Revau with access to the Lloyd's market and specialist capacity providers for energy and marine risks.
Scale indicators2 records
Expansion highlights4 records
REVAU competitors and assessment
Company assessmentBroad incumbents
- Amwins: Major U.S. specialty wholesale distributor and MGA with deep energy and marine practice. Comparable to REVAU in targeting underserved specialty risks via delegated authority, though at much larger scale and with a broader specialty mix.
- Ryan Specialty Group: Large U.S. specialty wholesale brokerage and MGA operator with extensive delegated authority relationships and a broad specialty portfolio. Comparable to REVAU as a consolidator of specialty underwriting capacity and distribution, though significantly larger and more diversified.
- CRC Group: U.S. specialty wholesale brokerage and MGA platform serving complex commercial risks. Comparable to REVAU in MGA platform structure, delegated underwriting, and specialty distribution focus, though with a broader risk portfolio.
- Burns & Wilcox: Specialty insurance wholesaler and MGA operator with strong energy and marine capabilities and London market ties. Comparable to REVAU in specialty distribution and Lloyd's-adjacent capacity access, though operating as a mature incumbent.
- Intact Financial Corporation: Largest Canadian P&C insurer with multiple specialty distribution and MGA subsidiaries. Comparable to REVAU as a Canadian-based specialty insurance platform with cross-border MGA activity.
Emerging players
- SkyCover: Newer specialty MGA platform targeting complex commercial lines with delegated authority capacity. Comparable to REVAU's MGA platform thesis, though at an earlier stage and focused on aviation and emerging risks.
- Bowhead Specialty: U.S. specialty MGA writing complex commercial risks including energy and marine. Comparable to REVAU as a specialty MGA building delegated underwriting capacity, though at an earlier growth stage.
- Battleface: Travel and specialty lines MGA operating via Lloyd's and other capacity providers. Comparable to REVAU as an MGA leveraging London market capacity to serve underserved niche risks.
Direct peers
- Accelerant: Specialty insurance MGA platform that connects underwriters with risk capital through a data-enabled exchange. Highly comparable to REVAU's MGA platform model and PE-backed roll-up strategy, with a similar focus on underserved specialty lines.
- Mosaic Insurance: Global specialty MGA operating across energy, marine, and other complex lines with Lloyd's-backed capacity. Directly comparable to REVAU's MGA model, energy/marine focus, and use of London market relationships.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
REVAU social profiles
Digital presenceREVAU financial estimates
Financial estimateRevenue estimate
Valuation estimate
REVAU leadership team
Management profileNumber of profiles
REVAU subsidiaries and ownership
Company hierarchySubsidiaries2 records
REVAU funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
REVAU M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about REVAU
What does REVAU do?
REVAU is a North American Managing General Agent (MGA) that underwrites and brokers specialty property and casualty insurance, with a focus on upstream oil & gas and marine risks. The company operates as a unified MGA platform delivering specialty underwriting capabilities through organic growth and a sustained acquisition program, distributing via wholesale broker relationships and Lloyd's of London delegated authority.
Is REVAU a public or private company?
REVAU is a private company. It is classified as private equity controlled and is currently operating.
When was REVAU founded?
REVAU was founded in 1993. It employs 101 to 250 people.
Where is REVAU based?
REVAU is headquartered in Terrebonne, Canada, in the North America region.
Who are REVAU's main competitors?
Broad incumbents on record are Amwins, Ryan Specialty Group, CRC Group, Burns & Wilcox and Intact Financial Corporation. Emerging players are SkyCover, Bowhead Specialty and Battleface. Direct peers are Accelerant and Mosaic Insurance.
Does REVAU have an API?
No public API is recorded for REVAU.
What industry is REVAU in?
REVAU's product category is Specialty Insurance Underwriting. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services. Its NAICS code is 531312 and its SIC code is 6200.