Vasek Insurance
Vasek Insurance is a UK specialist property insurance MGA (trading name of Arthur J. Gallagher Insurance Brokers Limited) underwriting difficult-to-place landlord, unoccupied, commercial, holiday home, blocks of flats, and home risks via broker partners and an Acturis-integrated online platform.
- Company typePrivate
- Founded1998
- HeadquartersNottingham, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Vasek Insurance does
Vasek Insurance is a specialist UK property insurance Managing General Agent (MGA) operating as a trading name of Arthur J. Gallagher Insurance Brokers Limited (FCA registration 311786, Company Number SC108909), itself part of NYSE-listed Arthur J. Gallagher. Founded circa 1998 and headquartered in Nottingham with a registered office in Glasgow, the company employs 11-50 staff and focuses on difficult-to-place and non-standard property risks — landlord tenanted, unoccupied, commercial, UK holiday home, blocks of flats, mid net worth home, and standard/non-standard home — that mainstream UK insurers often decline, including properties with student tenants, asylum seekers, prior flooding, subsidence, or criminal convictions.
Its technology stack is centered on a Defaqto 5-star rated online quote engine launched January 2023, integrated with the Acturis broker platform to eliminate rekeying for partner brokers, and supplemented by a bespoke broker online trading portal for portfolio management. In-house underwriting and claims teams operate with delegated authority up to £50,000, enabling claims settlement within 48 hours. The business is supported by A++ rated insurer capacity (potentially including Lloyd's of London) and underpins payment flexibility via Premium Credit Limited Direct Debit financing.
Vasek earns revenue primarily through brokerage commission as a percentage of annual premium placed with carrier partners, supplemented by premium finance referral commission from Premium Credit Limited and administration charges for policy amendments and cancellations. Distribution is broker-led via a network of independent insurance brokers and agents supported by a nationwide team of ten Business Development Managers, complemented by self-serve online quoting for direct customers. The company operates only in the United Kingdom (England, Scotland, and Wales) after exiting overseas property in January 2021.
Vasek Insurance firmographics
Firmographics- Name
- Vasek Insurance
- Legal name
- Arthur J. Gallagher Insurance Brokers Limited
- Website
- https://vasek.co.uk
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Vasek Insurance is a UK specialist property insurance MGA (trading name of Arthur J. Gallagher Insurance Brokers Limited) underwriting difficult-to-place landlord, unoccupied, commercial, holiday home, blocks of flats, and home risks via broker partners and an Acturis-integrated online platform.
- Ownership category
- akta.pro rank
Vasek Insurance industry classification
Industry- Product category
- Specialist Property Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Habitational / Residential Property Managers BOP (FSAJAFAN)
- akta.pro secondary industry
- Mixed-Use / Commercial Condominium BOP (FSAJAFAO)
Keywords
Where Vasek Insurance is headquartered
LocationHeadquarters
- HQ city
- Nottingham
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Vasek Insurance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premium Revenue: Vasek Insurance earns revenue through insurance premiums collected from policyholders across its specialist property insurance products including landlord, unoccupied, commercial, holiday home, blocks of flats, home, and mid net worth insurance. Premiums can be paid annually or via monthly Direct Debit through Premium Credit Limited.
- Premium Finance Commission: Commission earned from introducing customers to Premium Credit Limited for Direct Debit payment plans. Vasek receives commission as a percentage of total interest charged on installment payments. This commission covers costs for introducing customers, setting up payments, and managing changes.
- Brokerage/Commission from Insurers: Brokerage/commission is a percentage of total annual insurance premium paid by customers, paid to Vasek by insurers with whom business is placed. This is the primary remuneration method unless a separate fee arrangement is agreed with the customer.
- Administration Charges: Administration charges for policy amendments and cancellations. Cancellation administration charge is £20. These are charged in addition to insurance premiums and/or fees for administration services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Rent Guarantee Insurance - No Excess Option |
| Subscription | Annual | Rent Guarantee Insurance - 1 Month Excess Option |
| Subscription | Annual | Landlord Insurance - Maximum Coverage |
| Subscription | Multi-year contract | Unoccupied Property Insurance |
| Subscription | Annual | Commercial Property Insurance |
| Subscription | Annual | Mid Net Worth Home Insurance |
| Subscription | Annual | Blocks of Flats Insurance |
| Subscription | Annual | Home Insurance |
| Other | Monthly | Direct Debit Payment Option |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Vasek Insurance product offering
Product offeringCore offering
Vasek Insurance is a specialist UK property insurance broker trading under Arthur J. Gallagher Insurance Brokers Limited. The company focuses on placing difficult-to-place and non-standard property risks through its network of panel insurers. It serves both individual property owners and commercial landlords, distributing cover via third-party brokers and directly to consumers online.
Product overview
Vasek Insurance is a specialist property insurance broker offering a portfolio of insurance products through an online platform. The core offering includes Landlord Insurance, Unoccupied Property Insurance, Commercial Property Insurance, UK Holiday Home Insurance, Home Insurance, and Mid Net Worth Home Insurance. Supporting products include Vasek Essentials (budget sub-brand), Blocks of Flats Insurance, and Rent Guarantee Insurance. The company operates primarily as a digital-first insurance intermediary with online quoting, in-house underwriting with delegated authority up to £50,000, and an in-house claims team. Business is placed through the Acturis platform with support from dedicated Business Development Managers. The company is authorized by the FCA and underwritten by A++ rated insurers.
Differentiator
Problem solved
Functional benefit
Products and services
- Landlord Insurance Specialist insurance cover designed for buy-to-let and commercial landlords protecting rental properties and related liabilities.
- Unoccupied Property Insurance Insurance for empty, vacant, or unoccupied properties including those undergoing renovation or between tenancies.
- Commercial Property Insurance Insurance cover for commercial property owners including offices, retail, and mixed-use buildings.
- UK Holiday Home Insurance Specialist insurance for UK-based holiday lets and second homes with cover adapted for short-term letting risks.
- Mid Net Worth Home Insurance Insurance cover tailored for higher-value residential properties with enhanced sums insured and broader policy features.
- Home Insurance Standard residential buildings and contents insurance cover available to homeowners.
- Blocks of Flats Insurance Insurance for residential blocks of flats typically arranged for management companies, freeholders, or residents' associations.
- Rent Guarantee Insurance Insurance cover protecting landlords against loss of rental income due to tenant default or unpaid rent.
- Vasek Essentials Streamlined property insurance product offering essential cover at entry-level pricing.
Quantifiable outcome
- Claims paid within 48 hours once settled and financial checks concluded
- +2 more outcomes
Companies that use Vasek Insurance
Customer profileSegments9 records
Ideal customer profiles2 records
Vasek Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature4 records
Vasek Insurance partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- ActuriscoreActuris platform integration enables seamless property owner quoting for broker partners, eliminating the need for rekeying information. This is a core technology integration that supports the broker distribution model.
- A++ Rated InsurerscoreUnderwriting backed by A++ rated insurer(s) according to independent ratings from third party rating companies (correct as of January 2026). Insurers provide delegated authority up to £50,000 for in-house claims handling.
- Lloyd's of LondoncorePolicies may be underwritten at Lloyd's. Vasek refers complaints relating to policy performance or insurer performance to Lloyd's Complaints Team at One Lime Street, London for review.
- IntasureminorIntasure, a trading name of Arthur J. Gallagher Insurance Brokers Limited, handles overseas property insurance for new business and renewals since January 2021 when Vasek ceased offering this product. Vasek refers customers to Intasure for overseas property coverage.
Scale indicators4 records
Recent moves2 records
Expansion highlights4 records
Vasek Insurance competitors and assessment
Company assessmentBroad incumbents
- Direct Line Group: Direct Line Group is a major UK personal lines insurer offering home, landlord, and commercial property cover via direct and aggregator channels. Incumbent with overlapping property product set and competing for the same UK homeowners and landlord pool, but at materially larger scale.
- Aviva UK: Aviva is the UK's largest general insurer with a broad home, landlord, and commercial property offering distributed via direct, broker, and intermediary channels. Incumbent reference for the mainstream property-insurance market Vasek's non-standard franchise competes against and complements.
- Towergate Insurance: Towergate is one of the UK's largest general insurance brokers with deep property, landlord, and commercial property capability distributed through regional offices and brokers. Broader portfolio than Vasek, but overlapping product set and broker-led UK distribution make it a key incumbent reference point.
- Ageas UK: Ageas is a major UK home and property insurer distributed through broker and direct channels with capabilities in landlord and non-standard home cover. Adjacent incumbent with overlapping property product set and UK distribution mechanics relevant to Vasek's specialist positioning.
Direct peers
- Adrian Flux Insurance Group: Adrian Flux is a long-established UK specialist broker focused on non-standard and difficult-to-place personal and property lines. Overlapping Vasek's specialty in non-standard property risks (subsidence, floods, criminal convictions) and sharing the broker/intermediary distribution model.
- Hamilton Fraser Total Landlord Insurance: Hamilton Fraser's Total Landlord brand is a UK specialist landlord and property insurance MGA with strong broker and direct channels, FCA-regulated, focused on rental and non-standard property risks. Highly comparable product set, distribution model, and customer segments to Vasek.
- Alan Boswell Insurance Brokers: Alan Boswell is a UK regional specialist insurance broker offering property, commercial, and landlord cover with delegated authority arrangements and in-house claims. Direct peer in the UK specialist broker/MGA landscape with overlapping property-insurance focus and broker distribution model.
- HomeLet: HomeLet is one of the UK's largest specialist landlord insurance providers, offering buildings, contents, rent guarantee, and landlord liability cover distributed through brokers. It is the closest direct peer to Vasek given the shared landlord-insurance specialization, broker-led distribution, and similar product architecture.
- Cover4LetProperty: Cover4LetProperty is a specialist UK landlord insurance provider offering buildings, contents, rent guarantee, and liability cover through online and broker channels. Closely comparable specialist landlord product line, UK-only focus, and digital-first distribution model to Vasek.
- Let Alliance: Let Alliance is a UK landlord-focused insurance and tenant referencing provider offering buildings, contents, rent guarantee, and legal cover to letting agents and landlords. Comparable broker/agent go-to-market and core landlord product set to Vasek.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Vasek Insurance social profiles
Digital presenceVasek Insurance compliance and trust
Trust signalCompliance3 records
Vasek Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vasek Insurance leadership team
Management profileNumber of profiles
Profiles1 record
Vasek Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vasek Insurance 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 Vasek Insurance
What does Vasek Insurance do?
Vasek Insurance is a specialist UK property insurance broker trading under Arthur J. Gallagher Insurance Brokers Limited. The company focuses on placing difficult-to-place and non-standard property risks through its network of panel insurers. It serves both individual property owners and commercial landlords, distributing cover via third-party brokers and directly to consumers online.
Is Vasek Insurance a public or private company?
Vasek Insurance is a private company. It is classified as corporate owned and is currently operating.
When was Vasek Insurance founded?
Vasek Insurance was founded in 1998. It employs 11 to 50 people.
Where is Vasek Insurance based?
Vasek Insurance is headquartered in Nottingham, United Kingdom, in the Europe region.
How does Vasek Insurance make money?
Four revenue lines are on record. Insurance Premium Revenue is the primary driver. The others are premium Finance Commission, brokerage/Commission from Insurers and administration Charges.
Who are Vasek Insurance's main competitors?
Broad incumbents on record are Direct Line Group, Aviva UK, Towergate Insurance and Ageas UK. Direct peers are Adrian Flux Insurance Group, Hamilton Fraser Total Landlord Insurance, Alan Boswell Insurance Brokers, HomeLet, Cover4LetProperty and Let Alliance.
Does Vasek Insurance have an API?
No public API is recorded for Vasek Insurance.
What industry is Vasek Insurance in?
Vasek Insurance's product category is Specialist Property Insurance Brokerage. Its primary akta.pro industry code is FSAJAFAN, Habitational / Residential Property Managers BOP, with a secondary code of FSAJAFAO, Mixed-Use / Commercial Condominium BOP. Its NAICS code is 5242 and its SIC code is 6411.