Lilley Plummer Risks

What Lilley Plummer Risks does

Lilley Plummer Risks Ltd (LPR) is a privately held Lloyd's insurance broker founded in July 2019 by Stuart Lilley and Dan Plummer, headquartered at 40 Lime Street in London with an EU office in Nicosia, Cyprus established in September 2020 as a post-Brexit servicing hub. The firm operates under dual Lloyd's broker registrations (LPR 1749 in London and LPE 1853 in Cyprus) and is fully authorised by the Financial Conduct Authority (FRN 940199), placing bespoke insurance and reinsurance risks with Lloyd's syndicates and international markets across more than 25 classes of business.

LPR's product portfolio is organised across Marine (Hull & Machinery, Cargo, P&I, Yachts, War & Strikes, Kidnap & Rescue, Marine Builders Risks), Non-Marine (Property, Casualty, Reinsurance, Energy, Aviation, Construction & Engineering, Cyber, D&O, Professional Indemnity), and specialty divisions including Sports & Entertainment, Financial Institutions, Medical Malpractice, Transportation, Terror & Political Violence, and Specie & Fine Art. Customer segments span corporate and commercial businesses of all sizes, high-net-worth individuals (via sister company Clear Insurance Management), sports organisations (notably West Ham United, where LPR is Official Insurance Partner), financial institutions, and marine and shipping clients worldwide. The business operates as a single unified brokerage platform rather than a modular product suite, with bespoke quote-based pricing per policy.

LPR generates revenue through brokerage commissions and fees on placed insurance and reinsurance risks, with multi-year client relationships and dedicated claims advocacy. Since October 2024, LPR has operated as part of the Clear Group, providing access to group resources, cross-referral distribution, and a private equity-backed growth trajectory. Initial expansion was funded by B.P. Marsh & Partners plc in 2019. The firm has materially scaled headcount and divisional coverage through 2024–2025, adding senior producers and new verticals such as Transportation, Portfolio Solutions, Medical Malpractice and Financial Institutions.

Name

Lilley Plummer Risks

Legal name

Lilley Plummer Risks Ltd

Website

https://lprisks.co.uk

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Lilley Plummer Risks is a privately held Lloyd's insurance broker (LPR 1749 / LPE 1853), FCA-authorised, placing bespoke insurance and reinsurance across Marine, Non-Marine, Sports & Entertainment and specialty lines for corporate clients and HNW individuals globally from London and Cyprus.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

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

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ), Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH), Specialty Lines Treaty Reinsurance (e.g., marine, aviation, cyber, energy, surety) (FSAOAEAF)

Keywords

• Lloyd's insurance broker
• Marine insurance brokerage
• Commercial insurance placement
• Specialty insurance lines
• Reinsurance brokerage

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance brokerage commissions and fees: LPR operates as a Lloyd's broker earning commissions and fees from placing insurance and reinsurance risks with Lloyd's syndicates and international markets. Revenue is generated through brokerage fees on placed policies across multiple classes including Marine, Non-Marine, Property, Casualty, Reinsurance, and specialty lines. The company manages all sizes of risks and provides tailor-made policies for each client.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

LPR is a market-leading Lloyd's broker placing bespoke insurance and reinsurance risks with Lloyd's syndicates and international markets across multiple classes of business. The firm manages all sizes of risks and provides tailor-made policies for each client spanning Marine, Non-Marine, Property, Casualty, Reinsurance, Aviation, Energy, Financial Institutions, Sports & Entertainment, and other specialty lines. Services are delivered through direct broker relationships with clients, supported by a dedicated claims team and access to both Lloyd's (code 1749) and EU (code 1853) capacity.

Product overview

Lilley Plummer Risks Ltd (LPR) is a Lloyd's insurance broker (codes 1749 & 1853) offering a comprehensive portfolio of insurance products and services. The firm operates as a single unified insurance brokerage platform providing bespoke solutions across multiple insurance classes rather than a modular platform structure. The core product portfolio spans Marine Insurance (including Hull & Machinery, Cargo, P&I, K&R, War & Strikes, Yachts, Marine Builders Risks) and Non-Marine Insurance (including Property, Casualty, Reinsurance, Energy, Aviation, Financial Institutions, Professional Indemnity, D&O, Cyber, Medical Malpractice, and Life Science). Additionally, the firm offers specialised coverage through Sports & Entertainment, Terror/War/Political Violence, Construction & Engineering, and Specie/Fine Art products. As part of the Clear Group, LPR leverages access to both Lloyd's and international markets to provide tailor-made policies for clients ranging from individuals to large corporations.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Hull & Machinery

Quantifiable outcome

• Part of Clear Group since October 2024, providing expanded resources and cross-selling opportunities across the group
• +1 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and flagship.

• Clear GroupcoreStrategic or Co-development PartnerIn October 2024, Lilley Plummer Risks became part of the Clear Group, a major insurance broking organization. This acquisition provides LPR with expanded resources, cross-selling opportunities, and a broader platform for growth. As part of the Clear Group, LPR works with sister company Clear Insurance Management to offer a wide range of insurance solutions for both businesses and high-net-worth individuals.
• West Ham UnitedflagshipGTM or Marketing PartnerLilley Plummer Risks is the Official Insurance Partner of West Ham United. This partnership extends beyond logo placement — the companies share values of integrity, inclusivity, and drive for continuous improvement. The partnership provides brand visibility and credibility in the sports sector, aligning with LPR's Sports & Entertainment division.
• Clear Insurance ManagementcoreChannel Partner/ Reseller/ DistributorAs part of the Clear Group family, Clear Insurance Management works alongside LPR to offer a wide range of insurance solutions, particularly for businesses and high-net-worth individuals. Clear Insurance Management provides award-winning broker service with access to personal insurance and business coverage solutions.

Scale indicators4 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• WTW (Willis Towers Watson): Global insurance broker offering specialty lines including Marine, Energy, Aviation and Financial Institutions. Noel Dunne and Gary Mathieson both joined LPR from WTW Healthcare teams, evidencing direct competition for specialty talent and clients in London.
• Miller Insurance: Leading independent London market insurance broker focused on complex and specialty risks including US Property, Marine and Aviation. Comparable as a London specialty broker; Elizabeth List joined LPR from Miller, evidencing direct talent competition.
• BMS Group: Independent specialist insurance and reinsurance broker operating across London, U.S. and international markets. BMS is comparable as a London-headquartered specialty broker competing in similar lines (Medical Malpractice, US Property, Reinsurance), and several LPR hires (Noel Dunne, Paul Hutchison, Gary Mathieson) originated from BMS.
• Howden Specialty: Large global specialty and Lloyd's broker offering Marine, Energy, Aviation and Non-Marine lines with significantly broader scale. LPR actively recruits from Howden's marine and binding teams, and the two firms compete for the same specialty risks despite Howden's larger footprint.
• Acrisure London Wholesale (formerly Tysers): London market wholesale specialty broker (acquired by Acrisure) offering War, Terrorism, Political Violence, Facultative Reinsurance and other specialty lines. Cameron Shire joined LPR from Acrisure London Wholesale, and the firms compete directly in Political Violence and War placements.

Direct peers

• Oneglobal Broking: Independent London-based specialty broker offering multi-class placement through Lloyd's and international markets. Highly comparable in size, scope and target clients, with LPR having hired Josh Reynolds and Rory Colleran from Oneglobal.
• Chesterfield: London-based Lloyd's specialty broker with strong Reinsurance and international presence. Mike Lilley joined LPR from Chesterfield (Head of Reinsurance), making it a direct comparable in treaty reinsurance and European/US Property.
• Besso Insurance Group: London-based Lloyd's specialty broker offering multi-class insurance (Marine, Non-Marine, US Property, etc.) with comparable headcount and product breadth. Several senior LPR staff (Matthew Jeffery, David Jeffery, Daniel Jeffery, Matt Ward, Sam Cooke, George Thrower) are ex-Besso, evidencing deep operational overlap.
• EC3 Brokers: London market specialty broker focused on US Property, Marine and Non-Marine lines with a similar boutique positioning. LPR has hired multiple producers from EC3 (Matthew Jeffery, Nicky Anderson-Lowe, Isabella Dyos), and the firms compete directly for similar risk profiles and carrier relationships.

Emerging players

• Rokstone: London-based specialty MGA/broker focused on Aviation, Property and high-net-worth lines. Comparable as a smaller specialist competitor in Aviation and Specialty Property; LPR's Fabio Dichio and Oliver Taylor both came from Rokstone.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lilley-plummer-risks

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 Lilley Plummer Risks