What 360 Underwriting Solutions does

360 Underwriting Solutions is an Australian specialist insurance underwriting agency group founded in 2017 by Denis Morrissey and Chris Lynch and headquartered in Sydney. The company operates as a multi-line underwriting agency dedicated exclusively to the broker channel, distributing specialist insurance products through 21 agencies that span 16 specialisations including Commercial, Mid-Market, Casualty, Commercial Motor, Prestige Motor, Fleetsure, Australian Bus and Coach, Accident & Health, Aviation, Cyber, Professional & Financial Risks, Farm & Regional, Construction & Engineering, Plant & Equipment, Landlords, Marine/Cargo & Transit, and Anchorage Marine. The group also holds a majority stake in Crop Risk Underwriting, acquired in October 2025. 360 partners with AUB Group Limited (ASX:AUB), Australia's largest equity-based insurance broker network, and is supported by capacity partners including QBE, AIG Australia, Liberty Mutual, and Guild Insurance (trading as Acerta). By the end of FY24 the group had reached a $500M GWP milestone and now employs approximately 258 staff across eight offices in Australia and New Zealand.

The company's technology backbone is the 360 Compass Portal, a proprietary web platform that brokers use for quoting, binding, policy management, claims lodgement and access to embedded risk analytics such as KYND Cyber Risk Vulnerability Reports. The Compass Portal is positioned as a single broker interface across all 360 agencies and is repeatedly referenced as a core differentiator for ease of use and integration with the broker workflow. The portfolio is operated under an "owner-driver" model in which individual agency heads retain market-facing underwriting authority, while group services (legal, compliance, IT, HR) provide shared infrastructure — a structure intended to preserve specialist entrepreneurial behaviour at the line-of-business level while delivering group-level scale benefits.

360's revenue model is that of an underwriting agency: it generates commission and fee income on premiums written through its broker channel, with capacity provided by partner insurers such as QBE, AIG, Liberty Mutual and Guild. Distribution is entirely indirect — no direct-to-consumer sales — and the customer is the broker, who in turn serves SME, mid-market, regional, agricultural and specialty commercial clients. Products are quoted on a per-risk basis with no public pricing, and billing cadence is annual. The company has won back-to-back Insurance Advisernet Agency of the Year awards (2023 and 2024) and continues to expand through new agency launches, geographic broadening into New Zealand, and selective acquisitions of complementary specialist agencies.

Name

360 Underwriting Solutions

Legal name

360 Underwriting Solutions Pty Ltd

Website

https://360uw.com.au

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

360 Underwriting Solutions is an Australian specialist insurance underwriting agency group operating 21 agencies across 16 lines, distributing exclusively through brokers in Australia and New Zealand via its proprietary Compass Portal, with $500M GWP reached by FY24.

Ownership category

akta.pro rank

Product category

Specialist Insurance Underwriting

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), Insurance Carriers, Nec (6399)

akta.pro primary industry

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

akta.pro secondary industry

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)

Keywords

• Specialist insurance underwriting
• Broker distribution network
• Commercial lines underwriting
• Underwriting agency group
• Multi-line insurance solutions

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Underwriting Agency: 360 Underwriting Solutions operates as a specialist underwriting agency generating revenue through underwriting premiums across multiple insurance specialisations. The company earns commissions and fees from underwriting insurance products for brokers and their clients. Revenue is derived from premiums written across 16+ specialist insurance agencies covering commercial, motor, farm, cyber, casualty, and other lines.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

360 Underwriting Solutions operates as a specialist insurance underwriting agency group providing wholesale underwriting services exclusively to insurance brokers across Australia and New Zealand. The company offers 16+ specialist insurance product lines including commercial, mid-market, casualty, commercial motor, accident & health, aviation, cyber, professional & financial risks, farm & regional, construction & engineering, plant & equipment, landlords, prestige motor, fleet, bus & coach, and marine insurance products through a network of 21 specialist agencies.

Product overview

360 Underwriting Solutions operates as a multi-line underwriting agency group serving the Australian and New Zealand broker market. Founded in 2017, the company has grown from 1 agency to 21+ agencies by 2026, offering 16 specializations including Commercial, Mid-Market, Casualty, Commercial Motor, Prestige Motor, Accident & Health, Aviation, Cyber, Professional & Financial Risks, Farm & Regional, Construction & Engineering, Plant & Equipment, Landlords, Marine, Cargo & Transit, and Fleet solutions. The portfolio also includes sub-brands Fleetsure, Australian Bus and Coach, Anchorage Marine, and acquired Crop Risk Underwriting. All agencies are supported by the proprietary Compass Portal platform for broker access, with recent additions including 360 Casualty (October 2025) and 360 School Fee Protect (October 2024). The company is a proud partner of AUB Group Limited (ASX:AUB) and employs 258 staff across 8 offices.

Differentiator

Problem solved

Functional benefit

Brands

• 360 Commercial: Core commercial insurance agency covering SME business insurance
• 360 Mid-Market
• 360 Casualty
• 360 Commercial Motor
• 360 Accident & Health
• 360 Aviation
• 360 Cyber
• 360 Professional & Financial Risks
• 360 Farm & Regional
• 360 Construction & Engineering
• 360 Plant & Equipment
• 360 Fleetsure
• Australian Bus and Coach
• 360 Prestige Motor
• 360 Landlords
• Anchorage Marine
• 360 Marine, Cargo & Transit
• 360 Compass Portal
• 360 Cyber
• 360 School Fee Protect

Products and services

• 360 Commercial Core commercial insurance underwriting agency providing coverage for businesses across SME markets. The foundational agency of 360 Underwriting Solutions.
• 360 Mid-Market Insurance solutions targeting mid-market business clients requiring tailored coverage for larger commercial risks.
• 360 Casualty Liability insurance solutions including Public Liability and Products Liability for SME and mid-market clients, led by Head of Casualty Jonathan Lee.
• 360 Commercial Motor Commercial motor vehicle insurance coverage for businesses, including fleet and commercial vehicle risks.
• 360 Accident & Health Accident and health insurance coverage with personal accident claims now managed in-house.
• 360 Aviation Specialized aviation insurance underwriting agency providing coverage for aviation-related risks.
• 360 Cyber Cyber insurance coverage with KYND partnership for vulnerability reporting services integrated through the Compass portal.
• 360 Professional & Financial Risks Professional and financial risks insurance solutions backed by capacity partner QBE.
• 360 Farm & Regional Farm and regional insurance coverage for agricultural businesses, underwritten in partnership with QBE.
• 360 Construction & Engineering Construction and engineering insurance solutions including machinery breakdown product.
• 360 Plant & Equipment Plant and equipment insurance, consolidated with Mobile Plant & Machinery and Civil Contractors Insurance under AIG Australia capacity.
• 360 Fleetsure Fleet vehicle insurance solution rebranded and integrated into the 360 Group.
• Australian Bus and Coach Bus and coach insurance coverage, formerly SURA Australian Bus and Coach, now operating as a wholly owned subsidiary under the 360 Group.
• 360 Prestige Motor Insurance for classic, high-performance and prestige vehicles.
• 360 Landlords Landlords insurance with multi-year capacity from Guild Insurance (trading as Acerta), covering pet damage, legal expenses, and rubbish removal.
• Anchorage Marine Marine insurance solutions under the Anchorage Marine brand.
• Marine, Cargo & Transit Marine, cargo and transit insurance coverage.
• 360 School Fee Protect School fee protection insurance product.
• 360 Quick Construct Construction insurance solution available on the Compass Web-Portal.
• Crop Risk Underwriting Crop insurance underwriting agency acquired with majority stake in October 2025, supported by Liberty Mutual capacity partner, focused on the Australian regional crop market.

Quantifiable outcome

• 500M GWP milestone achieved by FY24

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Five partnerships are on record, tiered core.

• Crop Risk UnderwritingcoreStrategic or Co-development Partner · 15 October 2025360 acquired a majority stake in Crop Risk Underwriting, one of Australia's leading Crop Underwriting Agencies. Founded in 2019 by Steven Green and Peter Book, the company has built a strong niche within the Australian regional crop market through purpose-built IT systems, deep broker relationships, and dedicated expertise. Supported by capacity partner Liberty Mutual.
• AIG Australia LtdcoreStrategic or Co-development Partner · 1 April 2025AIG Australia Ltd became the underwriter for 360 Plant & Equipment effective 1 April 2025. This strategic alliance aligns with 360's commitment to delivering exceptional insurance solutions tailored to broker and client needs.
• QBEcoreStrategic or Co-development PartnerQBE is the underwriting partner for 360 Farm & Regional products. 360 plays an active role in claims advocacy, collaborating with QBE to deliver smoother, more transparent claims experience for brokers and their clients.
• Guild Insurance Limited (Acerta)coreStrategic or Co-development PartnerGuild Insurance Limited trading as Acerta provides capacity for 360 Landlords products. Multi-year capacity agreement supporting the Landlords insurance product line.
• Liberty MutualcoreStrategic or Co-development PartnerCapacity partner for Crop Risk Underwriting, supporting the company's ability to write crop insurance in the Australian regional market.

Scale indicators6 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• PSC Insurance Group: Australia-headquartered specialty insurance broker and underwriting group operating across multiple specialty lines through broker distribution. Comparable diversified specialty model with similar geographic footprint.
• Coverforce: Australian underwriting agency group operating a multi-specialty model similar to 360, distributing through brokers across commercial, motor, construction, and other lines. Highly comparable in business model and broker channel focus.
• CHU Underwriting Agencies: Australian specialist underwriting agency focused on strata and property insurance, owned by Steadfast. Comparable underwriting agency model distributing specialty lines through broker channel.
• Honan Insurance Group: Australian specialty insurance broker and underwriting agency group, now part of AUB Group network like 360. Operates comparable multi-line specialty brokerage/agency model serving SME and mid-market brokers.
• Resilium: Australian underwriting agency group operating under the Steadfast broker network, focused on specialty commercial lines. Comparable underwriting agency model distributing through broker channel in ANZ.

Broad incumbents

• Liberty Specialty Markets: Global specialty insurer providing capacity to Crop Risk Underwriting (majority acquired by 360 in 2025). Functions as both capacity partner and broad incumbent in marine, energy, and specialty insurance categories.
• QBE Insurance Australia: Tier-1 Australian general insurer providing underwriting capacity to multiple 360 product lines (Farm & Regional, PFR). Functions as both partner and broad incumbent competing in the same specialty categories.
• Insurance Advisernet: Major Australian broker network and 360's awards partner (AUB Group subsidiary). Operates as a broader broker distribution platform rather than a pure underwriting agency, but is closely tied to 360's go-to-market.
• AUB Group Limited: ASX-listed parent/partner network of 360 and Honan. Australia's largest equity-based insurance broker network providing distribution, capital, and strategic alignment. Strategic partner and ecosystem incumbent.
• Steadfast Group: ASX-listed largest Australian general insurance broker network. Competes with AUB Group for broker relationships and provides capital and capacity infrastructure that underpins competing underwriting agencies like Resilium.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/360UnderwritingSolutions
• LinkedInlinkedin.com/company/360-underwriting-solutions
• Instagraminstagram.com/360underwriting

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries3 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 360 Underwriting Solutions