Aurora Underwriting Solutions

What Aurora Underwriting Solutions does

Aurora Underwriting Solutions Inc. is a Canadian Managing General Agent (MGA) and wholesale insurance broker headquartered in Mount Hope, Ontario, with additional underwriting operations in Edmonton, Alberta. The company underwrites and places commercial insurance on behalf of Lloyd's Syndicates, serving retail insurance brokers across Canada through a broker-only distribution channel. Its product portfolio spans 10 core categories, including commercial property (hospitality, rented dwellings, student rentals, vacant buildings), farm and agriculture, errors and omissions (capacity from $1M to $10M for technology firms, architects, engineers, and design-build contractors), physical damage and cargo for the transportation industry, specialty property, general liability (including contractors and environmental/pollution), legal expense, media and technology packages with cyber coverage, and fine arts and jewellers block.

The company's underlying operations rely on a traditional underwriting workflow supported by an "insurance underwriting platform with Lloyd's contracts" rather than disclosed proprietary technology, AI/ML systems, or APIs. Underwriting decisions are delivered by a small team consisting of a Director of Underwriting, three underwriters, and an underwriting assistant, with the company emphasizing "quick and accurate underwriting service" and personal broker engagement. Broker submissions are received via an online portal, email, and a dedicated phone line (1-866-328-1314), and supporting resources include a broker product toolkit and newsletter for product updates.

Aurora earns revenue through MGA commissions from Lloyd's Syndicates for underwriting and binding policies on their behalf, providing underwriting authority, policy administration, and claims support to retail brokers. Pricing is quote-based and risk-specific rather than publicly disclosed or subscription-style. The company is privately held with no parent company, institutional investors, or funding rounds disclosed, and operates exclusively in the Canadian market with a cross-Canada servicing model targeting retail brokers rather than end insureds.

Name

Aurora Underwriting Solutions

Legal name

Aurora Underwriting Solutions Inc.

Website

https://auroraunderwriting.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Aurora Underwriting Solutions is a Canadian Managing General Agent that underwrites and places commercial insurance on behalf of Lloyd's Syndicates, serving retail insurance brokers across Canada through underwriting teams in Ontario and Alberta.

Ownership category

akta.pro rank

Product category

Wholesale Commercial Insurance Underwriting (MGA)

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Underwriting Automation & Workflow Enablement (FSAOAIAI)

Keywords

• Commercial insurance underwriting
• Wholesale insurance brokerage
• Managing general agent
• Lloyd's syndicate capacity
• Specialty commercial insurance

Headquarters

HQ city

Hamilton

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. MGA Commission Revenue: As a Managing General Agent, Aurora Underwriting Solutions earns commissions from insurance carriers (Lloyd's Syndicates) for underwriting and placing insurance business on their behalf. The company provides underwriting services, policy administration, and claims support to retail brokers in exchange for commission-based compensation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Aurora Underwriting Solutions is a Canadian Managing General Agent (MGA) and wholesale insurance broker that underwrites and places commercial insurance on behalf of Lloyd's Syndicates for retail insurance brokers across Canada. The company provides underwriting services, policy administration, and claims support across ten core product lines, including commercial property, farm and agriculture, errors and omissions, auto and freight, specialty property, general liability, legal expense, media and technology, and fine arts/jewellers block. Aurora earns commissions from Lloyd's Syndicates for placing business and serves broker partners through underwriting teams located in Ontario and Alberta.

Product overview

Aurora Underwriting Solutions is a Canadian commercial insurance wholesale broker (MGA) serving retail brokers across Canada. The company offers a comprehensive portfolio of insurance products organized into 10 core categories: Commercial Package (property coverage including hospitality, rented dwellings, student rentals, and vacant buildings), Farm & Agriculture (farm, livestock, and seedmen coverage), Errors & Omissions (professional indemnity from $1M to $10M for various professions including technology, architects, engineers, and design-build contractors), Physical Damage & Cargo (auto physical damage and motor truck cargo for the transportation industry), Specialty Property (customized solutions for industries like cold storage, recyclers, sawmills), General Liability (including contractors and environmental/pollution liability), Legal Expense (business and condo legal expense coverage), Media & Technology (media and technology packages with cyber coverage), and Fine Arts & Jewellers Block (coverage for personal, corporate, dealer, exhibition, and museum collections). The company operates with underwriting teams in Alberta and Ontario and accesses Lloyd's Syndicates for additional capacity.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Package

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Lloyd'scoreStrategic or Co-development PartnerLloyd's is a key strategic partner providing underwriting capacity and financial strength. Aurora Underwriting has access to many Lloyd's Syndicates which enables them to offer significant capacity for various commercial insurance products. The partnership allows Aurora to leverage Lloyd's global insurance marketplace to serve Canadian brokers.
• CAMGA (Canadian Association of Managing General Agents)coreStrategic or Co-development PartnerCAMGA is the industry association for MGAs in Canada. Aurora Underwriting Solutions is a member, demonstrating their commitment to the MGA channel and industry standards. Membership provides networking, advocacy, and best practice sharing within the Canadian insurance MGA community.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Echelon Insurance: Canadian specialty insurance carrier and MGA providing commercial, personal, and specialty lines through broker partners. Comparable multi-line, broker-distributed specialty underwriting model in Canada.
• Cansure (a Divend Inc. company): Canadian MGA offering specialty commercial insurance products to retail brokers across Canada, with similar Lloyd's-sourced capacity and multi-line product breadth. Directly comparable MGA model and broker-distribution approach.
• Trisura Guarantee Insurance Company: Canadian specialty insurer and MGA platform offering a broad range of commercial and specialty lines (surety, E&O, cyber, property) through broker partners. Highly comparable to Aurora as a multi-line specialty underwriter in the Canadian broker channel.
• Burns & Wilcox Canada: Canadian wholesale brokerage and MGA arm of the H.W. Kaufman Group, offering specialty commercial insurance to retail brokers. Comparable as a wholesale/specialty distributor in Canada serving the same broker audience.
• Totten Insurance Group: Canadian MGA platform offering specialty commercial products (property, liability, E&O, auto, cyber) through retail brokers nationally. Directly comparable as a multi-line Canadian MGA with similar product breadth and broker-channel focus.

Broad incumbents

• Northbridge Insurance: Large Canadian commercial property and casualty insurer serving mid-market and specialty risks through brokers. A broader incumbent in the same Canadian commercial lines space that competes with Aurora's broker-distributed commercial book.
• Intact Insurance (Specialty Solutions):

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aurora-underwriting-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Aurora Underwriting Solutions