Trust Risk Control

What Trust Risk Control does

Trust Risk Control (TRC) is a privately held, family-owned international insurance brokerage and broker alliance founded in 1998 by Christoph Baltsch and headquartered in Hamburg, Germany, with additional offices in Zug, Switzerland and New York, USA. The company operates a global strategic alliance of approximately 380 industrial insurance brokers across more than 180 countries, coordinating cross-border insurance placements, local policy issuance, claims support, and program administration for multinational corporate clients, mid-sized member brokers lacking international infrastructure, and insurers seeking on-the-ground representation in foreign markets. TRC generates revenue primarily through standard brokerage commissions calculated as a percentage of insurance premium paid by the client, with separate remuneration agreements for net products, and is registered as an insurance intermediary under §34d of the German Industrial Code.

The company's technology layer is TRC DIGIT, a web-based platform launched in October 2025 that enables structured collection, management, and evaluation of international insurance data across the broker network. Features include input templates for local policies and premiums, document and certificate upload, automated consolidation into client-ready reports, role-based access controls, and centralized collaboration. TRC DIGIT sits atop TRC's human-led coordination services rather than replacing them, with roughly 30 internal staff supporting key account management, TRC IBA Preferred Partner oversight (BDJ, Martens & Prahl, FidesSecur in Germany), and network quality assurance.

Go-to-market is predominantly channel-based: TRC recruits insurance intermediaries into the alliance and serves multinational corporates directly when those clients prefer not to use international brokers. Marketing relies on the corporate website, LinkedIn, Instagram, and XING, supplemented by member events such as the German Producer Meeting 2026 and direct email communications. No external institutional funding has been disclosed; the company remains under Baltsch family control across the German GmbH, Swiss AG and Holding AG, and US Inc. entities, with a combined network footprint representing approximately 75,000 employees across service partners.

Name

Trust Risk Control

Legal name

TRUST RISK CONTROL Int. Insurance Development GmbH

Website

https://trustrc.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Trust Risk Control is a family-owned international insurance broker and global broker alliance, founded in 1998 and headquartered in Hamburg, coordinating cross-border insurance placements through a network of 380+ brokers across 180+ countries for member brokers, multinational corporates, and insurers.

Ownership category

akta.pro rank

Product category

International Insurance Brokerage and Coordination Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industries

Reinsurance Brokerage (FSAEADAE), Treaty Reinsurance Brokerage (FSAOAHAA)

Keywords

• International insurance brokerage
• Global broker alliance
• International insurance programs
• Insurance coordination services
• Risk management consulting

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Brokerage commissions: TRC acts as an independent insurance broker. Compensation is a market-standard brokerage fee paid by the insurer, calculated as a percentage of the insurance premium paid by the customer. For so-called net products, a separate remuneration agreement is agreed with the client.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Trust Risk Control is an international insurance consultancy and global broker alliance that provides placement, management, and monitoring of international insurance programs through a network of over 380 insurance brokers in more than 180 countries. The company coordinates international insurance programs for insurance intermediaries, multinational companies, and insurers, acting as an external foreign department for brokers of all sizes and offering bundled master policies and individually designed local contracts. Its digital platform TRC DIGIT supports structured collection, management, and evaluation of international insurance data across the alliance network.

Product overview

Trust Risk Control (TRC) is an international insurance consultancy and global broker alliance offering a coordinated platform-plus-services model. The core offering consists of consulting, coordination, and support services for insurance brokers, companies, and insurers across international insurance programs, backed by a network of approximately 180 industrial insurance brokers in over 180 countries. The sole named digital product is TRC DIGIT, a web-based platform that supports network brokers in recording, managing, and reporting international insurance data, and which serves as the technology layer atop the human-led coordination services.

Differentiator

Problem solved

Functional benefit

Brands

• TRC DIGIT: A digital platform for the structured collection, management, and evaluation of international insurance data. It empowers network brokers to manage their role in international programs more efficiently and transparently.

Products and services

• TRC DIGIT Web-based digital platform for the structured collection, management, and evaluation of international insurance data. Provides input templates for local policies and premiums, document and certificate upload, automatic consolidation into client-ready reports, intuitive user interface, and role-based access for brokers and clients. Enables network brokers to manage their role in international programs more efficiently and transparently.
• International Brokerage Services for Insurance Brokers Coordination services for insurance brokers seeking international capabilities, including procurement of verified foreign correspondence brokers, management of local policies worldwide, consulting on international insurance programs, technical sales support, education and training for producers, and brokerage for specialty coverages. Functions as an external foreign department so member brokers can serve international clients without establishing their own foreign offices.
• International Insurance Programs for Multinational Companies Direct international insurance program coordination and management for multinational companies that prefer not to use international insurance brokers. Provides access to TRC's global network of internationally experienced service partners, transparency of corporate risks, policies, and losses around the globe, and low-cost insurance service procurement via bundled master policies and individually designed local contracts.
• International Insurance Solutions for Insurers International program coordination, local risk management standards, and compliance support for insurance carriers. TRC offers bundled master policies and individually designed local contracts, representing insurers globally through experienced brokers in over 180 countries to service client interests in all major trading centers.

Quantifiable outcome

• ~75,000 people employed by network service partners across 180+ countries

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• BDJ Versicherungsmakler GmbHcoreChannel Partner/ Reseller/ DistributorBDJ has been a member of the TRC network since 1999 and accompanies numerous clients in their international activities. BDJ currently employs over 90 staff at Hamburg, Berlin and Cologne offices and is regionally responsible for the northwest of Germany in cooperation with TRC IBA. BDJ is part of the GGW Group, one of the top 3 insurance brokers in Germany.
• Martens & Prahl GruppecoreChannel Partner/ Reseller/ DistributorMartens & Prahl has been a member of the TRC network since 1998 and employs more than 900 people at 90 different locations. The firm is regionally responsible for the Southwest & East of Germany in cooperation with TRC IBA. It has decades of reputation as an internationally experienced insurance broker in Germany.
• FidesSecurcoreChannel Partner/ Reseller/ DistributorFidesSecur has been a member of the TRC network since 2013 and currently employs nearly 100 people at seven locations. It is regionally responsible for the South & East of Germany in cooperation with TRC IBA, providing top service for TRC foreign brokers' clients in Germany.
• Patengemeinschaft für Kinder in Indien e.V.minorOthersTRC supports the Patengemeinschaft für Kinder in Indien e.V. (Sponsoring Communities) since 2010, sponsoring children in India. The organization operates 10 own children's homes and supports 6 more, as well as approximately 350 families and 400 young people in education.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Worldwide Broker Network (WBN): One of the largest global broker alliances by membership and geographic reach, operating a structurally identical model to TRC: independent brokers share international program referrals, master-policy coordination, and central relationship management while retaining autonomy. WBN is the most direct comparable to TRC's 380-broker, 180-country alliance.
• Brokerslink: International broker partnership/network pooling mid-sized independent brokers for cross-border client service. Closely mirrors TRC's positioning as a non-captive alternative to mega-brokers, with similar focus on industrial and commercial multinational placements.
• Riskpoint: Independent insurance advisor and broker network structured around mid-market commercial and specialty insurance with international coordination across member firms — directly comparable in target customer, network scale, and emphasis on independence from mega-brokers.
• Assurex Global: Largest US-anchored privately owned insurance broker partnership alliance with international member firms. Competes for the same independent-broker who wants international reach but is focused more heavily on US/EU mid-market — comparable network-as-a-service model to TRC.
• Worldwide Speciality Coverage (WSC): Specialty insurance program administrator connecting independent brokers to specialty markets across multiple countries. Overlaps directly with TRC's specialty coverage brokerage and international program coordination.

Broad incumbents

• Aon: Global mega-broker with wholly-owned operations in 100+ countries providing integrated multinational placement, captive analytics, and credit/policy advisory. Directly competes with TRC for multinational corporate mandates; the very "mega-network" TRC positions itself as the alternative to.
• Marsh: World's largest insurance broker and risk advisor, offering end-to-end multinational program placement, claims, and risk consulting through wholly-owned offices globally — the benchmark incumbent TRC's alliance model is differentiated against.
• WTW (Willis Towers Watson): Global advisory, broking, and solutions firm with strong international program capabilities for large multinationals. Competes with TRC's cross-border coordination services for multinational buyers, particularly in Europe.
• Howden Group: Large independent global broker expanding rapidly via acquisition in specialty and international lines. Competes with TRC in DACH and international specialty broking; an "independent" alternative but with significantly greater scale.
• Lockton: World's largest independent insurance brokerage with global offices and strong international program expertise — the closest "independent" mega-broker comparable, competing directly for multinational clients who might otherwise route through TRC's network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trust-risk-control
• Instagraminstagram.com/trustriskcontrol
• Xx.com/trustrc

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 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 Trust Risk Control