Cranmore Inc

What Cranmore Inc does

Cranmore is a specialist insurance and reinsurance audit and consultancy firm delivering eleven named service lines spanning Inspection of Records, Claim Reviews and Claims Management, Binder/TPA/MGA and Compliance Reviews, Peer and Quality Assurance Reviews, Subrogation Recoveries, Litigation and Arbitration Support (including expert testimony), Commutation Services, Collection Services, Bespoke Consultancy and Project Management, Portfolio Acquisitions, and Bespoke Training Services. The firm self-describes as the largest specialist organisation globally offering these services, operating from three offices (St. Petersburg, London, and Brussels/Etterbeek) with 50+ staff covering 12 languages and 850+ years of collective insurance and reinsurance experience. The core technology stack supporting the business is a corporate WordPress website on WP Engine fronted by Cloudflare; the actual deliverables are human-led expert engagements rather than software products, with the exception of a March 2026 contract to build the UKROEd Unified CRM Platform for the UK National Driver Offender Retraining Scheme body.

Cranmore operates as Cranmore (UK) Limited (UK private limited) and Cranmore (US) Inc (US corporation), collectively the Cranmore Group of Companies, which is wholly owned by Enstar Group Limited, a global insurance group focused on legacy and run-off portfolios. Engagements are billed on an hourly rate, fixed cost per assignment, or contingency fee basis, with the contingency model particularly applied to subrogation recoveries and collection mandates; the firm also conducts M&A due diligence and portfolio acquisition support for Enstar and third-party acquirers. Client base is described as international and includes Lloyd's Syndicates, Coverholders, TPAs, MGAs and companies across every major insurance market, with assignments delivered globally across the US, UK, Continental Europe, Bermuda, Australia, the Middle East, Mexico and Malaysia. The go-to-market is enterprise-led direct sales, with named senior contacts (President & CEO, Managing Directors, SVP, VP) listed per regional office, supplemented by [email protected] inbound and event-driven positioning (industry seminars, Bloomberg TV appearances, Wall Street Journal coverage).

Name

Cranmore Inc

Legal name

Cranmore (UK) Limited (with US affiliate Cranmore (US) Inc, collectively the "Cranmore Group of Companies")

Website

https://cranmore.co

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Cranmore is a specialist insurance and reinsurance audit and consultancy firm serving Lloyd's Syndicates, insurers and reinsurers globally from offices in the US, UK and Belgium, with 50+ staff delivering inspection, claim review, subrogation, compliance and M&A due diligence engagements on hourly, fixed-fee or contingency bases as a wholly-owned subsidiary of Enstar Group.

Ownership category

akta.pro rank

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance and reinsurance audit & consultancy fees: Engagements are billed on an hourly rate, a fixed cost per assignment, or a contingency fee basis, covering inspection of records, claim reviews, binder/TPA/MGA/compliance reviews, peer and QA reviews, subrogation, commutations, collections, bespoke consultancy, portfolio acquisition due diligence, and bespoke training. Revenue is generated from a global client base including Lloyd's Syndicates and companies across every major insurance market.
2. Contingency-based subrogation and collections recovery: Cranmore offers subrogation recoveries and collection services for unpaid deductibles, premium, outward reinsurance balances and claim recoveries, including on a contingency fee basis, providing a variable/performance-linked revenue stream on top of standard professional fees.

Pricing tiers

Go-to-market motion3 records

Core offering

Cranmore is a specialist insurance and reinsurance audit and consultancy firm delivering technical inspections, claims reviews, compliance audits, subrogation recoveries, litigation support, commutations, collections, bespoke consultancy, portfolio acquisition due diligence, and bespoke training to insurance carriers, reinsurers, Lloyd's Syndicates, MGAs, and TPAs globally from offices in the US, UK, and Belgium.

Product overview

Cranmore is a specialist insurance and reinsurance audit and consultancy firm (described on its own website as the largest specialist organisation globally offering these services), delivering a suite of eleven named service offerings rather than a single unified software product. The core portfolio comprises: Inspection of Records, Claim Reviews/Claims Management, Binder, TPA, MGA & Compliance Reviews, Peer and Quality Assurance Reviews, Subrogation Recoveries, Litigation & Arbitration Support (including Expert Testimony), Commutation Services, Collection Services, Bespoke Consultancy & Project Management, Portfolio Acquisitions, and Bespoke Training Services. These services are delivered through offices in the US, UK, and Belgium and are supported by a staff of 50+ speaking 12 languages. In addition to these consultancy service lines, Cranmore has begun extending into technology delivery, evidenced by its March 2026 contract to build the UKROEd Unified CRM Platform for the UK National Driver Offender Retraining Scheme body. As a subsidiary of the Enstar Group, Cranmore also supports Portfolio Acquisitions and complex assignments on behalf of Enstar's M&A activity and managed entities.

Differentiator

Problem solved

Functional benefit

Products and services

• Inspection of Records Technical inspections of ceding companies' books of records in the form of due diligence reviews or full technical inspections covering underwriting, accounting, and claims, confirming contractual compliance, premium recording, inuring reinsurance, claim coverage, and quantum correctness. Targeted at insurers, reinsurers, and Lloyd's Syndicates.
• Claim Reviews / Claims Management Targeted reviews of paid or reserved claims across all major classes of business plus bespoke claims adjusting and management services (including APH and US Construction Defect classes), delivered as discrete class assignments or as surge capacity for insurance and reinsurance clients.
• Binder, TPA, MGA & Compliance Reviews Specialist reviews of Coverholders, Third Party Administrators (TPAs), and Managing General Agents (MGAs) to verify underwriting, accounting, and management controls and to enable insurers, reinsurers, and Lloyd's to meet regulatory and compliance requirements.
• Peer and Quality Assurance Reviews Peer and QA reviews covering underwriting, claims, and reinsurance administration, performed with Cranmore staff and independent reviewers to ensure best-practice standards are met for insurance and reinsurance clients.
• Subrogation Recoveries Dedicated subrogation unit that reviews claims and identifies recovery opportunities across Property, Workers' Compensation, Fidelity, and Auto liability business, pursuing recoveries cost-effectively for individual losses or entire books of business on a contingency or fixed-fee basis.
• Litigation & Arbitration Support – Including Expert Testimony Technical support for litigation and arbitration involving insurance and reinsurance disputes, working alongside major legal firms in London, Bermuda, the USA, and Australia, including the provision of expert testimony in court and arbitration proceedings.
• Commutation Services Preparation for and conduct of commutation negotiations to bring finality to insurer and reinsurer exposures, either leveraging findings from an inspection or conducted independently.
• Collection Services Cost-effective collection of premium, outward reinsurance balances, or unpaid deductibles, available in conjunction with a Lloyd's broker if required, with recent successful engagements in the US, Mexico, and Malaysia.
• Bespoke Consultancy & Project Management Custom consultancy engagements covering review of letters of credit, reconstruction of cedant records, reconciliation of UEP, design and implementation of claims-handling procedures, management of specific claims portfolios, and review of outward reinsurance programmes.
• Portfolio Acquisitions Facilitation of acquisitions of companies or portfolios, primarily through parent company Enstar Group, plus due diligence claim and reinsurance asset reviews for prospective purchasers of live companies or portfolios.
• Bespoke Training Services Customised insurance and reinsurance training delivered to personnel at all organisational levels, addressing real day-to-day problems rather than textbook examples, with past engagements in the London market, North America, Europe, Australia, and the Middle East.

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• EY (Ernst & Young): Big 4 professional services firm with a significant insurance and actuarial advisory practice offering insurance audit, due diligence, and reinsurance consulting. Comparable as an alternative source for insurance technical services, particularly for large carrier clients.
• KPMG: Big 4 firm with global insurance advisory practice offering actuarial, risk, and transaction services to insurers and reinsurers. Comparable in serving large insurance clients with technical advisory work, though at materially larger scale.
• Deloitte: Big 4 firm with insurance industry practice providing actuarial, consulting, and M&A advisory services to insurance and reinsurance clients globally. Overlaps with Cranmore on insurance portfolio diligence and regulatory advisory.
• Aon: Global professional services firm offering insurance brokerage, reinsurance solutions, and insurance advisory including M&A due diligence for insurance portfolios. Comparable in serving Lloyd's and global insurance clients with portfolio advisory services.
• Willis Towers Watson (WTW): Global insurance broker and advisory firm with substantial insurance consulting, actuarial, and reinsurance advisory capabilities. Overlaps with Cranmore on insurance due diligence and portfolio advisory but at significantly larger scale and broader portfolio.
• PwC: Big 4 firm with insurance and actuarial consulting practices serving global insurance and reinsurance clients with audit, advisory, and transaction support services. Competes with Cranmore for insurance M&A due diligence and portfolio advisory mandates.
• Marsh McLennan: Global professional services firm with insurance brokerage (Marsh) and consulting (Oliver Wyman, Mercer) businesses providing insurance advisory and risk consulting. Overlaps with Cranmore on insurance portfolio advisory services to large global insurers.
• Guy Carpenter: Global reinsurance intermediary and advisory firm providing reinsurance consulting, portfolio advisory, and due diligence services. Comparable in reinsurance technical expertise and Lloyd's market presence, though significantly larger and broader.

Direct peers

• Milliman: Global actuarial and consulting firm with a strong insurance practice offering insurance audit, due diligence, M&A advisory, and reinsurance consulting services. Most directly comparable peer in terms of providing specialist insurance/reinsurance technical services to insurance and reinsurance clients globally.

Others

• Riverstone Management: Run-off insurance portfolio manager and claims management subsidiary within the Enstar Group (Cranmore's parent), providing legacy claims management services. Related through shared ownership and complementary service offerings in the run-off value chain.

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

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 Cranmore Inc