Iris Insurance Brokers

What Iris Insurance Brokers does

Iris Insurance Brokers Ltd is a London-based, FCA-authorised (No. 310825) Lloyd's registered wholesale insurance and reinsurance broker founded in 2000 by Managing Director Mark Hutley, who retains 100% ownership pending the announced acquisition by ANV Group Holdings. The company operates through three segments: Lloyd's wholesale brokerage (including coverholder development, lineslips and facilities, and treaty/facultative reinsurance), Blink Intermediary Solutions (a UK independent broker portal), and Vivid Underwriters. It serves brokers, insurers, MGAs, and Lloyd's Coverholders in Australia, Canada, Europe, the Middle East, the UK, and the USA, managing more than 75 coverholder relationships.

The company's core technology is its proprietary lineslip and facilities book covering property, general liability, professional liability, and accident and health, which delivers cost and cover advantages that create switching costs for clients. Its Blink Intermediary Solutions portal provides UK brokers with structured access to a personal and commercial product suite, while Vivid Underwriters extends the offering into delegated underwriting authority. The product portfolio spans property, casualty, professional liability, management liability, cyber, kidnap and ransom, accident/health and life, terrorism, sports and contingency, aviation and aerospace, and seedsmen's liability. Iris launched its first MGA in December 2025, marking its entry into underwriting capacity beyond pure intermediation.

Revenue is generated almost entirely through brokerage commissions on insurance and reinsurance placements, binding authorities, and delegated authority schemes. Turnover for the year to September 2024 was approximately £8.9M, down from £9.8M the prior year, with pre-tax profits declining to roughly £277K from slightly above £1M. The company employs 40-50 people and distributes through direct relationship-led sales targeting enterprise and mid-market insurance counterparties, supplemented by its global coverholder network. In March 2026 ANV Group Holdings announced a definitive agreement to acquire Iris, expected to close in Q2 2026 subject to regulatory approval, which would represent the first change in ownership since founding.

Name

Iris Insurance Brokers

Legal name

Iris Insurance Brokers Ltd

Website

https://irisib.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Iris Insurance Brokers is a London-based Lloyd's registered wholesale insurance and reinsurance broker serving brokers, insurers, MGAs, and 75+ Coverholders globally through three segments: Lloyd's wholesale brokerage, Blink Intermediary Solutions, and Vivid Underwriters, with proprietary lineslips spanning property, casualty, professional liability, and accident and health.

Ownership category

akta.pro rank

Product category

Wholesale Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Insurance brokerage
• Reinsurance broking
• Lloyd's coverholder services
• Delegated authority schemes
• Specialty lines insurance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Brokerage Commissions: Revenue generated from brokerage commissions on insurance and reinsurance placements, binding authorities, and delegated authority schemes for brokers, insurers, MGAs and Lloyd's Coverholders

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Iris Insurance Brokers is a Lloyd's registered broker that provides binders, facilities and reinsurance solutions to brokers, insurers, MGAs and Lloyd's Coverholders worldwide. Its core offerings span delegated authority scheme development (Coverholders), proprietary lineslips and facilities covering property, general liability and professional liability, treaty and facultative reinsurance broking, and proactive claims management. The firm operates three segments — Lloyd's wholesale brokerage, Blink Intermediary Solutions, and Vivid Underwriters — serving clients in the UK, USA, Canada, Europe, the Middle East, Australia and beyond.

Product overview

Iris Insurance Brokers is a Lloyd's registered international wholesale broker that specializes in providing a comprehensive suite of insurance and reinsurance products and services. The company operates a platform-plus-divisions architecture with three main operating segments: Lloyd's wholesale brokerage (including Lloyd's Coverholders and delegated authority management), Blink Intermediary Solutions (providing UK broker products), and Vivid Underwriters. Core offerings include proprietary lineslips and facilities for property, general liability, and professional liability; reinsurance solutions (treaty and facultative); and claims management services. The product portfolio spans multiple insurance lines including property, casualty, professional liability, management liability, cyber risks, kidnap & ransom, accident/health & life, terrorism, sports & contingency, aviation & aerospace, and seedsmen's liability. The company serves brokers, insurers, MGAs, and Lloyd's Coverholders globally.

Differentiator

Problem solved

Functional benefit

Brands

• Blink Intermediary Solutions: An Iris division offering independent UK brokers a broad suite of personal and commercial insurance products and associated services.

Products and services

• Lloyd's Coverholders Core service helping brokers, MGAs and other intermediaries develop and manage delegated authority agreements that provide competitive advantage in the Lloyd's and London insurance market.
• Lineslips and Facilities Proprietary lineslips covering property, general liability, professional liability and accident & health risks, offering cost and cover benefits for brokers and their clients.
• Reinsurance Solutions Treaty and facultative reinsurance broking services with a longstanding reputation, providing solutions to brokers, insurers and MGAs worldwide.
• Claims Management Proactive claims handling service with international experience across the UK, Europe, Middle East, USA, Canada, Asia, Australia and New Zealand.
• Blink Intermediary Solutions UK-focused division offering independent brokers a broad suite of personal and commercial insurance products, partnerships and services to grow their business while preserving independence.
• Vivid Underwriters One of three operating segments of Iris Insurance Brokers, alongside Lloyd's wholesale brokerage and Blink Intermediary Solutions, focused on underwriting services and serving as the firm's first MGA.
• Property Insurance International property insurance covering property damage, business interruption, machinery damage, auto own damage, general liability, pollution liability, auto liability, and umbrella/excess liability across multiple industry sectors.
• Casualty Insurance Broad spectrum casualty insurance programmes including general liability, products liability, premises liability, construction wrap-up, environmental impairment liability, excess liability, umbrella liability, auto liability, and product recall coverage.
• Professional Liability Insurance Professional Indemnity and Errors & Omissions insurance for diverse industries including architects, engineers, lawyers, accountants, insurance agents, software providers, manufacturers, and medical professionals.
• Management Liability Specialist insurance markets providing tailored solutions including Directors' & Officers' Liability, Crime insurance, and Employment Practices Liability for professional firms and various industry sectors.
• Cyber Risks Insurance Cyber insurance solutions covering Technology Errors and Omissions, Media Liability, Cyber Security and Privacy Liability, Fines and Penalties, First Party Data Breach Response, Regulatory Actions, and Cyber Extortion.
• Kidnap & Ransom Insurance Specialist insurance products and risk management solutions protecting individuals, families and groups operating in high-risk or remote regions, covering kidnap, extortion, detention, hijack, and loss of earnings.
• Accident, Health & Life Insurance Insurance and reinsurance broking services focusing on life, medical expenses, accident and disability, group life catastrophe, and travel and emergency assistance insurance, including hazardous and high-limit accumulation risks.
• Terrorism Insurance Standalone insurance and risk solutions covering terrorism and political violence including physical damage, business interruption, liability losses, sabotage, strikes, riots, civil commotion, and war risks.
• Sports & Contingency Insurance Specialist sports and contingency insurance covering property damage, third-party liabilities, personal accident & travel, contingency risks, and contractual liabilities for sports clubs, teams, governing bodies, venues, sponsors and broadcasters.
• Seedsmen's Liability Insurance Exclusive professional liability scheme for members of the International Seedsmen's Federation (ISF) and related professionals including nurserymen, crop consultants, vineyard consultants, and seed testing facilities.
• Aviation & Aerospace Insurance Aviation and aerospace insurance products covering aircraft, aviation risks and related coverage needs.

Quantifiable outcome

• Manage more than 75 coverholders globally
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• ANV Group HoldingscoreStrategic or Co-development Partner · 20 March 2026ANV Group Holdings, a global insurance intermediary platform, is acquiring Iris Insurance Brokers to enhance its UK distribution capabilities and expand its MGA platform. The acquisition will strengthen ANV's access to Lloyd's markets and facilitate broader product distribution through Iris's three operating segments. The transaction is expected to close in Q2 2026 subject to regulatory approval.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• CFC Underwriting: Specialist MGA/underwriter with strong Lloyd's and London presence in cyber, professional liability and emerging specialty lines, overlapping with Iris's cyber and professional liability practices and competing for delegated authority appointments.
• Rokstone / Inspectro (Rokstone): Specialist Lloyd's-backed MGA and broker platform operating across specialty lines and delegated authority, comparable in scale to Iris and competing for coverholder and scheme business globally.

Direct peers

• Howden Group Holdings: Independent insurance group with a major London/Lloyd's wholesale broking franchise, comparable product lines (specialty, reinsurance, delegated authority) and an employee-ownership structure parallel to Iris's director-owned model.
• Besso Insurance: London-based independent Lloyd's broker offering specialty, reinsurance and delegated authority solutions of similar scale, competing head-to-head for coverholders and MGA scheme business in the London market.
• Clear Insurance Management: Independent London/Market-adjacent MGA and Lloyd's coverholder manager comparable in scale, offering delegated authority schemes and specialty binding authorities to brokers and intermediaries.
• Optio Group: Specialist Lloyd's-focused insurance group combining MGA, broker and coverholder management capabilities, mid-sized, with a similar focus on delegated authority schemes and specialty lines that compete directly with Iris's platform.
• Miller Insurance Services: Independent Lloyd's broker providing specialty and reinsurance placement with comparable lines (property, casualty, marine, aviation) and similar mid-size scale; a direct competitor for coverholder schemes and treaty/facultative placements originating from London.

Broad incumbents

• Aon: Global insurance and reinsurance broker with a substantial London market presence across specialty, reinsurance and delegated authority; Iris's RVI practice specifically originates from former Aon practitioners (Robert Prince), evidencing direct talent and capability overlap.
• WTW (Willis Towers Watson): Global insurance brokerage with major London Market specialty and reinsurance operations competing for the same large reinsurance, aviation, marine and specialty placements as Iris.
• Marsh Specialty (formerly JLT): Global incumbent insurance broker with deep London Market specialty and reinsurance operations following the JLT acquisition; competes for the same large enterprise placements, treaty reinsurance and coverholder appointments as Iris.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/IrisInsuranceBrokersLtd
• LinkedInlinkedin.com/company/iris-insurance-brokers-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Iris Insurance Brokers