Insurance Advisory Partners
Insurance Advisory Partners is an independent, employee-owned investment banking partnership providing M&A advisory, capital raising, and strategic advisory services exclusively to the global insurance and insurtech industry from offices in New York and London.
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Insurance Advisory Partners does
Insurance Advisory Partners (IAP) is an independent, employee-owned investment banking partnership founded in 2021 and headquartered in New York, with a second office in London. The firm provides M&A advisory, capital raising, and strategic advisory services exclusively to the global insurance and insurtech industry, serving insurance carriers, brokers, managing general agents (MGAs), managing general underwriters (MGUs), insurance services businesses, and insurtech companies. Its capital raising practice spans IPOs, common equity, convertibles, preferred, debt, surplus notes, hybrid instruments, and insurance-linked securities (ILS), while its M&A practice covers buy-side, sell-side, divestitures, and fairness opinions across P&C, life and annuity, reinsurance, E&S, and specialty insurance subsectors.
The business model is transaction-based advisory, with revenue generated through fees on completed M&A and capital raising mandates. IAP is regulated as a licensed broker-dealer (FINRA/SIPC) in the United States through Insurance Advisory Partners LLC and as an investment business by the UK Financial Conduct Authority through IAP (UK) Sub Limited, with both entities under the parent holding company IAP Global LLC. The firm's competitive positioning rests on senior-led engagement (no delegation to junior staff), no-conflict advisory, and deep industry expertise derived from founders and partners who previously led global insurance investment banking at Bank of America, JPMorgan, and Deutsche Bank, supplemented by senior advisors with operating roles at Willis Group, Hamilton Insurance Group, TigerRisk, and major reinsurance carriers. Notable engagements include advisory to Hamilton Insurance Group on its $225 million NYSE IPO, Aspen Insurance Holdings on its approximately $3.5 billion sale to Sompo International, Assured Guaranty on its $158 million Warwick Re acquisition, and Maiden Holdings on its combination with Kestrel Group.
The firm has no proprietary technology platform; services are delivered through senior-advisor relationships and custom deal execution. Operating geographies span North America (United States) and Europe (United Kingdom), with claimed global reach across insurance markets. Go-to-market is enterprise field sales conducted directly by senior partners with insurance carriers, brokers, MGAs/MGUs, and PE/VC sponsors active in the insurance vertical, supported by industry recognition (2025 M&A Advisor of the Year by The Program Manager), thought leadership publications, and podcast appearances discussing insurance M&A trends.
Insurance Advisory Partners firmographics
Firmographics- Name
- Insurance Advisory Partners
- Legal name
- Insurance Advisory Partners LLC
- Website
- https://insuranceap.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Insurance Advisory Partners is an independent, employee-owned investment banking partnership providing M&A advisory, capital raising, and strategic advisory services exclusively to the global insurance and insurtech industry from offices in New York and London.
- Ownership category
- akta.pro rank
Insurance Advisory Partners industry classification
Industry- Product category
- Insurance Investment Banking Advisory
- NAICS
- Miscellaneous Intermediation (523910)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ)
- akta.pro secondary industries
- Buy-Side M&A Advisory (FSAEAGAB), M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)
Keywords
Where Insurance Advisory Partners is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Insurance Advisory Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Banking Advisory: Provides M&A advisory, strategic advice, and capital raising services to insurance and insurtech companies globally. Revenue generated through advisory fees on completed transactions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Insurance Advisory Partners product offering
Product offeringCore offering
Insurance Advisory Partners (IAP) is an independent, employee-owned investment banking partnership that delivers merger and acquisition (M&A) advisory, capital raising, and strategic advisory services exclusively to the global insurance and insurtech industry. Services span buy-side, sell-side, and divestiture M&A, IPOs, common equity, convertible, preferred, debt, surplus notes, hybrid instruments, and insurance-linked securities (ILS) deals for carriers, brokers, MGAs/MGUs, and insurance technology companies.
Product overview
Insurance Advisory Partners operates as an independent, employee-owned investment banking partnership providing advisory services exclusively to the global insurance and insurtech industry. The firm offers three core service lines: Capital Raising Advisory (covering equity, debt, hybrid instruments, and ILS transactions), M&A Advisory (including buy-side, sell-side, and divestiture transactions for carriers, brokers, MGAs/MGUs), and Strategic Advisory. The firm has deep expertise across property & casualty, life & annuity, and specialty insurance sectors, with additional experience in insurtech transactions. Notable client engagements include advisory on INSTANDA's funding round and Cytora's sale to Applied Systems.
Differentiator
Problem solved
Functional benefit
Products and services
- M&A Advisory
- Capital Raising Advisory
- Strategic Advisory
Quantifiable outcome
- Over 150 insurance M&A transactions advised upon by CEO Tony Ursano alone
- +3 more outcomes
Companies that use Insurance Advisory Partners
Customer profileNamed customers24 records
Segments4 records
Ideal customer profiles4 records
Insurance Advisory Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Insurance Advisory Partners partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Insurance Advisory Partners competitors and assessment
Company assessmentBroad incumbents
- Moelis & Company: Independent global advisory firm. IAP Senior Advisor Christopher Young was a Managing Director at Moelis; competes for mid- and large-cap insurance M&A.
- Keefe Bruyette & Woods (Stifel): Financial institutions-focused investment bank (now part of Stifel) with longstanding insurance equity research and M&A practice; competes for insurance IPO and capital-raising mandates.
- Evercore (Insurance Practice): Global independent advisory firm with a dedicated insurance practice. Competes for larger insurance M&A mandates where issuer or acquirer prefers a larger brand and broader product suite.
- Aon Capital Markets: Capital markets and advisory arm of global brokerage Aon. Competes for insurance M&A and reinsurance capital advisory where broker-distribution synergies are valued by clients.
- Willis Capital Markets & Advisory: Insurance-specialist capital markets and advisory arm within WTW, founded by Tony Ursano. Now embedded within a global incumbent, it competes for insurance M&A and capital-raising mandates alongside IAP.
Direct peers
- Sica Fletcher: Boutique insurance M&A advisory firm where IAP partner Lou Caltavuturo previously served as Managing Director; competes for similar insurance distribution, MGA, and carrier mandates.
- Fenchurch Advisory Partners: London-based independent insurance-sector M&A and capital advisory firm. Most direct head-to-head competitor to IAP in insurance-focused advisory; several IAP alumni (Ben James, Sam Tomlinson) previously worked at Fenchurch.
- Dowling Hales: Insurance-specialist investment bank advising on M&A and capital raising for insurance carriers and intermediaries. IAP partner Lou Caltavuturo was previously a 15-year Managing Director at Dowling Hales.
- TigerRisk Partners: Insurance and reinsurance-focused advisory and capital markets firm. IAP founder Tony Ursano previously served as President of TigerRisk, making this a direct lineage competitor for similar mandates.
- Vantage Insurance Partners: Insurance-focused M&A boutique co-founded by Lou Caltavuturo (now IAP Partner). Operates in a directly adjacent specialty niche and competes for similar M&A advisory mandates.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Insurance Advisory Partners social profiles
Digital presenceInsurance Advisory Partners compliance and trust
Trust signalCompliance3 records
Insurance Advisory Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Insurance Advisory Partners leadership team
Management profileNumber of profiles
Profiles18 records
Insurance Advisory Partners subsidiaries and ownership
Company hierarchySubsidiaries2 records
Insurance Advisory Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Insurance Advisory Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Insurance Advisory Partners
What does Insurance Advisory Partners do?
Insurance Advisory Partners (IAP) is an independent, employee-owned investment banking partnership that delivers merger and acquisition (M&A) advisory, capital raising, and strategic advisory services exclusively to the global insurance and insurtech industry. Services span buy-side, sell-side, and divestiture M&A, IPOs, common equity, convertible, preferred, debt, surplus notes, hybrid instruments, and insurance-linked securities (ILS) deals for carriers, brokers, MGAs/MGUs, and insurance technology companies.
Is Insurance Advisory Partners a public or private company?
Insurance Advisory Partners is a private company. It is classified as management employee owned and is currently operating.
When was Insurance Advisory Partners founded?
Insurance Advisory Partners was founded in 2021. It employs 11 to 50 people.
Where is Insurance Advisory Partners based?
Insurance Advisory Partners is headquartered in New York, United States, in the North America region.
How does Insurance Advisory Partners make money?
One revenue line is on record: investment Banking Advisory.
Who are Insurance Advisory Partners's main competitors?
Broad incumbents on record are Moelis & Company, Keefe Bruyette & Woods (Stifel), Evercore (Insurance Practice), Aon Capital Markets and Willis Capital Markets & Advisory. Direct peers are Sica Fletcher, Fenchurch Advisory Partners, Dowling Hales, TigerRisk Partners and Vantage Insurance Partners.
Does Insurance Advisory Partners have an API?
No public API is recorded for Insurance Advisory Partners.
What industry is Insurance Advisory Partners in?
Insurance Advisory Partners's product category is Insurance Investment Banking Advisory. Its primary akta.pro industry code is FSAEAGAJ, Industry-Specialist / Sector-Focused M&A Advisory, with a secondary code of FSAEAGAB, Buy-Side M&A Advisory. Its NAICS code is 523910 and its SIC code is 6211.