Marsh Commercial
Marsh Commercial is the UK commercial insurance brokerage arm of Marsh Ltd, a subsidiary of Marsh & McLennan Companies. It serves over 130,000 UK businesses across nine-plus verticals via 35+ regional offices, digital portals, and sub-brands including Oxygen and Marsh Private Clients.
- Company typePrivate
- Founded1989
- HeadquartersLondon, United Kingdom
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Marsh Commercial does
Marsh Commercial is the UK commercial insurance brokerage arm of Marsh Ltd, itself a subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC). Operating under the FCA-authorised entity Marsh Ltd (FRN 307511), the firm serves over 130,000 UK business owners — from sole traders and SMEs through to mid-market and enterprise corporates — across at least nine specialist verticals including construction, transportation and logistics, food and beverage manufacturing, healthcare and care, chartered accountancy (via a 16-year exclusive partnership with ICAEW), therapists and wellbeing, property owners, and technology. The proposition combines 35+ regional UK offices providing face-to-face advisory with digital self-serve quote-and-buy portals powered by the Acturis platform, alongside dedicated sub-brands (Oxygen, Marsh Private Clients, SMEI, Bishop Skinner Marine).
Marsh Commercial monetises primarily through commissions on premiums placed with a broad panel of UK and global insurers (Allianz, Aviva, AXA, Hiscox, RSA, Travelers, Chubb, Zurich, AIG, Beazley, QBE, Lloyd's syndicates), supplemented by client administration fees, premium finance commission via Close Brothers, and fees for risk management consulting, claims preparation and training delivery. Notable proprietary offerings include RecallPro — a contaminated product insurance facility with an associated Recall Readiness Maturity Assessment — targeted at FMCG manufacturers up to £200 million turnover, and a Quality Defect endorsement covering taste, smell, religious standard and vegan/vegetarian mislabelling failures without requiring bodily injury.
Distribution follows a hybrid model: direct sales through 35+ local offices, inside sales, online self-serve portals, and channel partnerships anchored by the ICAEW exclusive relationship. Enterprise accounts are served by dedicated account management teams with access to Marsh McLennan's global insurance network, enabling cross-border programmes for clients expanding internationally. Marsh Commercial also operates Marsh Private Clients (100+ advisers serving high net worth individuals) and Oxygen (approximately 15,000 therapy and wellbeing customers). The business sits within Marsh McLennan's broader Risk & Insurance Services segment and benefits from group-level procurement and carrier relationships, though no segment-level UK revenue is publicly disclosed.
Marsh Commercial firmographics
Firmographics- Name
- Marsh Commercial
- Legal name
- Marsh Ltd
- Website
- https://marshcommercial.co.uk
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Marsh Commercial is the UK commercial insurance brokerage arm of Marsh Ltd, a subsidiary of Marsh & McLennan Companies. It serves over 130,000 UK businesses across nine-plus verticals via 35+ regional offices, digital portals, and sub-brands including Oxygen and Marsh Private Clients.
- Ownership category
- akta.pro rank
Marsh Commercial industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421)
- SIC
- Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
- akta.pro secondary industries
- Professional Firms BOP (Office/Professional) (FSAJAFAE), Commercial Umbrella Insurance (FSAJANAB), Mid-Market Commercial Package (Package Policies) (FSAJAFAB)
Keywords
Where Marsh Commercial is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices35 records
Markets served
Marsh Commercial business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Insurance Broking Commissions: Marsh Commercial earns commissions from insurance carriers for placing business. The company places risks across a wide panel of insurers including Allianz, Aviva, AXA, Hiscox, RSA, Travelers, Chubb, Zurich, AIG, Beazley, QBE, and Lloyd's of London syndicates. Revenue is generated through commission percentages on premiums written.
- Insurance Distribution and Advisory Fees: Marsh Commercial charges client administration fees per policy to cover costs associated with arranging new policies, cancellations, mid-term changes, and providing replacement documents. The company also earns fees for professional advisory services including risk management consulting, claims preparation, and training delivery.
- Premium Finance: Marsh Commercial offers premium finance through Close Brothers Premium Finance, enabling clients to pay annual premiums monthly. Marsh receives a commission or fee share from the finance provider.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Oxygen therapist insurance core cover from £1.79/week for professional indemnity and malpractice |
| Unit Pricing | Annual | Oxygen personal accident optional upgrades |
| Other | One-time | Referral incentive - £50 Amazon voucher |
Go-to-market motion3 records
Distribution channels8 records
Marketing channels7 records
Marsh Commercial product offering
Product offeringCore offering
Marsh Commercial is a UK commercial insurance broker and risk advisor that places mandatory and discretionary business insurance coverages (employers liability, public liability, professional indemnity, directors and officers, management liability, cyber, commercial vehicle, property owners, contractors, trade credit, legal expenses) on behalf of UK businesses via a wide panel of UK insurers and Lloyd's of London syndicates. The firm serves over 130,000 UK business owners across 13+ industry verticals through 35+ local offices, dedicated sector practices, online quote-and-buy portals, and channel partnerships including an exclusive ICAEW broker appointment.
Product overview
Marsh Commercial is a commercial insurance brokerage offering a comprehensive portfolio of business insurance products and services. The core offering includes mandatory and recommended covers such as employers liability, public liability, professional indemnity, directors and officers, management liability, and cyber insurance. The company operates multiple sub-brands including Oxygen (therapist and wellbeing insurance), Bishop Skinner Marine (boat insurance), and Marsh Private Clients (high net worth insurance). Sector-specific products serve construction, manufacturing, food and beverage, healthcare, hospitality, motor trade, haulage, technology, and renewable energy industries. Supporting services include risk management consulting, fleet risk management, and RecallPro specialty product recall insurance. The portfolio spans 40+ UK locations with access to the full insurance market including Lloyd's of London.
Differentiator
Problem solved
Functional benefit
Products and services
- Employers Liability Insurance Statutory insurance covering damages, compensation costs, and legal fees arising from employee claims of illness or injury alleged to have been caused while working for the business; legally required for UK employers.
- Public Liability Insurance Insurance covering third-party injury or property damage claims and associated legal and compensation costs arising from business activities.
- Professional Indemnity Insurance Insurance covering compensation claims made by clients who suffer financial loss as a result of professional advice or services; recommended for accountants, architects, solicitors and other professional services firms.
- Directors and Officers Insurance Insurance protecting directors and officers from personal liability arising from legal action in the course of their management duties.
- Management Liability Insurance Combined insurance policy covering directors' and officers' liability, employment practices liability and company legal liability in one product.
- Cyber Insurance Insurance covering financial loss from cybercrime, data breaches and system interruption, including cyber-specific cover for care and healthcare providers.
- Commercial Vehicle Insurance Commercial vehicle insurance for businesses operating any type of vehicle, including commercial vehicles and forklifts.
- Property Owners Insurance Comprehensive property cover for commercial and residential property owners, landlords, and property management companies covering buildings, loss of rent, alternative accommodation and legal liability under one policy.
- Contractors and Tradesmen Insurance Specialist cover for trade risks including public liability, plant hire, groundwork risks, and cover for completed dwellings awaiting sale.
- Trade Credit Insurance Insurance covering the risk of non-payment when businesses trade on open credit terms, whether supplying goods, providing services or operating in a contracting environment.
- Legal Expenses Insurance Insurance covering solicitors', barristers' and witness fees, court costs and opponents' costs if awarded against an insured risk, with 24/7 legal helpline access.
- Oxygen Specialist insurance brand for therapists, wellbeing practitioners and wellbeing consultants providing professional liability, public liability, personal accident, complaints and disciplinary hearings cover, and crisis containment cover; distributed via online quote-and-buy and through discounts offered to members of 30+ professional bodies.
- Marsh Private Clients High net worth insurance brand providing bespoke cover for individuals with high value assets including high value home, prestige car, classic car, aviation, yacht, art, jewellery, wine, watch, specialist sports, equine, family office, private medical, and cyber security; distributed via dedicated advisers and a client portal.
- Bishop Skinner Marine Specialist marine insurance brand protecting boats and marine vessels for personal and commercial marine customers.
- Food and Beverage Manufacturing Insurance Specialist insurance for food and beverage manufacturers covering product recall, supply chain disruption, equipment failure, contamination and regulatory pressures, bundled with the RecallPro product recall facility for businesses up to £200 million turnover.
- Doctors Surgery and Dental Practice Insurance Specialist insurance for GPs and dentists covering property damage, equipment breakdown, money, employee dishonesty, employers liability, public and products liability, business interruption, and cyber liability.
- Motor Trade Insurance Insurance for motor trade businesses covering motor trade combined, road risks, liability, and sales and service indemnity.
- Haulage and Logistics Insurance Insurance for haulage, logistics, and fleet operators covering vehicles, goods in transit, cargo, sub-contractor contingency, and personal illness exposures across the supply chain.
- RecallPro Specialised contaminated product insurance solution designed for companies in mass-produced food, beverages, cosmetics, pet food, and other topical or ingestible products with annual sales up to £200 million, covering contamination, mislabelling, extortion, government-mandated recalls, and reputational damage; paired with a recall readiness maturity assessment and quality defect endorsement.
- Risk Management Services Consulting services spanning business continuity planning, health and safety training, fire risk assessments, employment law support, property, building and equipment surveys, and cyber risk management, supported by online eLearning courses covering health and safety, information security, data protection, performance, leadership, diversity, inclusion and compliance.
- Fleet Risk Management Fleet risk management services including auditing, benchmarking, consultancy, documentation review, surveying, and training for businesses operating vehicle fleets.
Quantifiable outcome
- Over 130,000 UK business owners covered by Marsh Commercial
- +6 more outcomes
Companies that use Marsh Commercial
Customer profileNamed customers6 records
Segments9 records
Ideal customer profiles5 records
Marsh Commercial technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Marsh Commercial partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and minor.
- ICAEW (Institute of Chartered Accountants in England and Wales)coreMarsh Commercial is the exclusive appointed insurance broker for ICAEW members' practice insurance. The partnership has operated for over 16 years and serves ICAEW's 166,000 members and approximately 12,000 supervised firms. Marsh Commercial has placed over 4,000 policies for ICAEW members. Services include professional indemnity policies (sole practitioners, 1-4 partners, 5+ partners), office insurance, cyber insurance, a Tax and VAT helpline, and a web-based client service portal. Andrew Stott, Director of Corporate Partnerships & Operations at ICAEW, is the key stakeholder.
- AllianzcorePrimary panel insurer for commercial combined insurance products. Listed as a key insurer partner for Marsh Commercial's commercial combined offerings alongside Aviva, AXA, Hiscox, RSA, and Travelers.
- AvivacorePrimary panel insurer for commercial combined insurance products.
- AXAcorePrimary panel insurer for commercial combined insurance products and farming combined/motor.
- HiscoxcorePrimary panel insurer for commercial combined insurance products.
- RSA (Royal & Sun Alliance)corePrimary panel insurer for commercial combined insurance products.
- TravelerscorePrimary panel insurer for commercial combined insurance products.
- ChubbcorePrimary panel insurer for liability (primary layer) insurance alongside Zurich.
- ZurichcorePrimary panel insurer for liability (primary layer) insurance alongside Chubb, and for marine trade insurance under Navigators and General brand.
- AIGminorInsurer partner for liability (excess layer), group life, and pleasure craft insurance.
- BeazleyminorInsurer partner for management liability insurance.
- CFC (Cyber Insurance)minorInsurer partner for cyber insurance products.
- QBEminorInsurer partner for motor fleet insurance alongside Miles Smith.
- Miles SmithminorInsurer partner for motor fleet insurance alongside QBE.
- CNAminorInsurer partner for professional indemnity insurance.
- HCC InternationalminorInsurer partner for professional indemnity insurance.
- Victor InsuranceminorInsurer partner for professional indemnity and farming combined/motor insurance.
- Lloyd's of London SyndicatescoreMarsh Commercial can place complex or specialist risks within Lloyd's of London when standard market capacity is insufficient. This is particularly relevant for specialist sectors such as food and beverage manufacturing and niche commercial lines.
- DAS (Legal Expenses)minorInsurer partner for legal expenses insurance products.
- Close Brothers Premium FinanceminorProvides premium finance facilities enabling Marsh Commercial clients to pay annual insurance premiums monthly via instalments.
- ActuriscoreTechnology platform provider powering Marsh Commercial's online quote and buy portals and client policy management systems. Acturis is the underlying software platform for the digital distribution channels.
- 30+ Professional Bodies (Oxygen Discount Network)coreOxygen offers a 20% discount to members of professional bodies including BACP, BABCP, CNHC, UKCP, BABCP, BPS, NCS, AC, ACC, CoM, COSCA, CORST, EMCC, FMA, GHR, HCPC, ICF, NCH, PTUK, UKATA, and others. These bodies endorse Oxygen insurance to their members as a preferred provider.
- Food and Drink FederationminorMarsh Commercial is an affiliate member of the Food and Drink Federation, supporting collaboration and knowledge sharing across the food and beverage sector.
- Deliciously YorkshireminorMarsh Commercial is an affiliate member of Deliciously Yorkshire, supporting the regional food and drink manufacturing community.
- Marsh McLennan Companies (Parent)coreMarsh is part of Marsh & McLennan Companies, Inc. (Marsh McLennan), a global professional services firm with approximately 95,000 employees worldwide. Marsh McLennan's other operating companies include Mercer (health, wealth, career consulting), Guy Carpenter (reinsurance), and Oliver Wyman (strategy consulting). Marsh uses a central procurement process operated by Marsh McLennan trading with more than 22,000 suppliers across 82 countries.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Marsh Commercial competitors and assessment
Company assessmentDirect peers
- Pen Underwriting: UK-focused managing general agent and broker providing specialty commercial lines across property, casualty, and specialty risks; competes with Marsh Commercial's specialty sector practices.
- Arthur J. Gallagher: Global insurance broker with significant UK commercial operations; competes with Marsh Commercial across mid-market and enterprise UK commercial accounts, leveraging similar global carrier relationships.
- Lockton: Largest privately-held global insurance broker with substantial UK presence; competes for mid-market and enterprise UK commercial accounts, particularly in specialty and complex risk placements.
- Howden: Large UK-focused insurance broking group with strong SME and specialty practices; competes directly with Marsh Commercial across commercial lines, particularly in mid-market and complex risk placements.
- Towergate (Ardonagh): UK commercial insurance broker with extensive regional office network serving SMEs and mid-market clients; direct competitor to Marsh Commercial in UK commercial lines distribution.
Others
- Hiscox: UK-listed specialty insurer that both underwrites and distributes commercial insurance directly; relevant comparison as both a Marsh Commercial panel partner and a direct-to-customer competitor in SME commercial lines.
Broad incumbents
- Willis Towers Watson (WTW): Global advisory and broking firm with UK commercial insurance operations; competes at the larger mid-market and enterprise end where it overlaps with Marsh Commercial's enterprise account offering.
- Aon: Global insurance and reinsurance broker with major UK presence; overlaps with Marsh Commercial in commercial lines and risk advisory, though Aon's UK commercial SME focus is less dominant than Marsh Commercial's.
Emerging players
- Simply Business: UK digital insurance broker targeting SMEs with quote-and-bind online platforms; competes with Marsh Commercial's self-serve portals (Oxygen, Tradesman) for the lowest end of the SME market.
- Superscript: UK insurtech offering commercial insurance to SMEs and small businesses through a fully digital platform; competes with Marsh Commercial's online channels and represents the digital disruption threat.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Marsh Commercial social profiles
Digital presenceMarsh Commercial compliance and trust
Trust signalCompliance2 records
Marsh Commercial financial estimates
Financial estimateRevenue estimate
Valuation estimate
Marsh Commercial leadership team
Management profileNumber of profiles
Profiles2 records
Marsh Commercial subsidiaries and ownership
Company hierarchySubsidiaries4 records
Marsh Commercial funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Marsh Commercial M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Marsh Commercial
What does Marsh Commercial do?
Marsh Commercial is a UK commercial insurance broker and risk advisor that places mandatory and discretionary business insurance coverages (employers liability, public liability, professional indemnity, directors and officers, management liability, cyber, commercial vehicle, property owners, contractors, trade credit, legal expenses) on behalf of UK businesses via a wide panel of UK insurers and Lloyd's of London syndicates. The firm serves over 130,000 UK business owners across 13+ industry verticals through 35+ local offices, dedicated sector practices, online quote-and-buy portals, and channel partnerships including an exclusive ICAEW broker appointment.
Is Marsh Commercial a public or private company?
Marsh Commercial is a private company. It is classified as corporate owned and is currently operating.
When was Marsh Commercial founded?
Marsh Commercial was founded in 1989. It employs 1,001 to 5,000 people.
Where is Marsh Commercial based?
Marsh Commercial is headquartered in London, United Kingdom, in the Europe region.
How does Marsh Commercial make money?
Three revenue lines are on record. Insurance Broking Commissions are the primary driver. The others are insurance Distribution and Advisory Fees and premium Finance.
Who are Marsh Commercial's main competitors?
Direct peers on record are Pen Underwriting, Arthur J. Gallagher, Lockton, Howden and Towergate (Ardonagh). Hiscox is listed as an others. Broad incumbents are Willis Towers Watson (WTW) and Aon. Emerging players are Simply Business and Superscript.
Does Marsh Commercial have an API?
No public API is recorded for Marsh Commercial.
What industry is Marsh Commercial in?
Marsh Commercial's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAB, Commercial Lines Insurance Brokerage, with a secondary code of FSAJAFAE, Professional Firms BOP (Office/Professional). Its NAICS code is 5242 and its SIC code is 6411.