NDI Insurance & Reinsurance

What NDI Insurance & Reinsurance does

NDI Insurance & Reinsurance Brokers Ltd is a UK-headquartered specialty insurance and reinsurance broker, formally commenced in 2002 and registered in England (Company Number 04347504). The firm is Authorised and Regulated by the Financial Conduct Authority (reference 446914) and has held Lloyd's Broker status since 2017, providing direct access to Lloyd's of London and London market capacity. Its core technology is a broking platform operated by a small senior team (11–50 employees) headquartered in Norwich, with a secondary London presence and three further offices in Buenos Aires (Argentina), Milan (Italy) and Athens (Greece) operating through locally registered subsidiaries.

The firm earns revenue on a transaction-fee basis, acting as intermediary between clients and insurers/underwriters on placed insurance policies and earning commissions on reinsurance treaties and fronting arrangements. Its distribution is direct enterprise field sales rather than digital or retail channels, and the offering is organised into 15 specialist product lines — Aviation, Commercial Property, Construction, Credit & Surety, Cyber, Energy, Financial & Professional, Fine Art, Group Life & Medical, Liability, Marine, Political & Terrorism, Specialist Business Insurance, Transportation, and Treaty & Fronting. Several lines address high-limit and technically complex placements (aviation capacity up to USD 100,000,000; marine hull and P&I; political violence and terrorism; fine art for museums and private collectors). Pricing is quote-based and not publicly disclosed, consistent with bespoke specialty broking.

Governance is led by Chairman Peter Greengrass and Managing Director Keith Alderman, supported by an Associate Director of Operations, a Finance Manager, an Accounts & Support Manager and brokers handling named portfolios such as Marine and Transportation. The firm is privately held, has no disclosed parent company or external funding rounds, and operates independently across its UK/LatAm/European footprint. There are no public awards, patents, technology integrations or AI/ML disclosures in the available material.

Name

NDI Insurance & Reinsurance

Legal name

NDI Insurance & Reinsurance Brokers Ltd

Website

https://ndiinsurance.co.uk

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

NDI Insurance & Reinsurance Brokers Ltd is a UK-headquartered Lloyd's Broker providing specialist insurance and reinsurance broking across 15 lines — including aviation, marine, energy, cyber, fine art and treaty & fronting — for enterprise clients, with international offices in Argentina, Italy and Greece.

Ownership category

akta.pro rank

Product category

Insurance & Reinsurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

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

akta.pro secondary industries

Reinsurance Brokerage (FSAEADAE), Treaty Reinsurance Brokerage (FSAOAHAA), Construction / Engineering (CAR/EAR) Reinsurance (FSAOADAG), Catastrophe Reinsurance Brokerage & Placement (FSAOACAN), Reinsurance Program Structuring & Portfolio Solutions (Broker-led) (FSAOAHAJ), Commercial Lines P&C Reinsurance (FSAOABAB)

Keywords

• Insurance brokerage services
• Reinsurance broking
• Specialty commercial insurance
• Lloyd's broker services
• Risk management solutions

Headquarters

HQ city

Norwich

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Broking Commission: The company acts as an intermediary between clients and insurers/underwriters, earning commissions on placed insurance policies and reinsurance treaties.
2. Treaty & Fronting Services: Provides treaty reinsurance broking, fronting arrangements, and portfolio protections for insurance companies, reinsurance companies, and managing agents.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

NDI Insurance & Reinsurance Brokers Ltd acts as an intermediary placing specialist commercial insurance and reinsurance coverage on behalf of business clients. Through 15 dedicated service lines spanning aviation, marine, energy, construction, cyber, fine art, liability and more, the firm structures bespoke risk transfer solutions with limits up to USD 100,000,000 by leveraging its Lloyd's Broker status and global network of (re)insurers. The firm also provides treaty and fronting arrangements to insurance companies, reinsurance companies, and managing agents needing portfolio protection or capacity.

Product overview

NDI Insurance & Reinsurance Brokers Ltd operates as an insurance and reinsurance brokerage firm offering a comprehensive portfolio of specialist insurance products and services. The company provides 15 core insurance lines organized as individual product modules: Aviation, Commercial Property, Construction, Credit & Surety, Cyber, Energy, Financial & Professional, Fine Art, Group Life & Medical, Liability, Marine, Political & Terrorism, Specialist Business Insurance, Transportation, and Treaty & Fronting. These products are delivered as distinct, specialized insurance solutions rather than a unified software platform, with each product category covering specific industry sectors and risk types. The company also offers Treaty & Fronting services for insurance and reinsurance market participants, allowing them to input portfolio protections or find capacity through their network of markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Aviation Insurance Aviation insurance covering Hull All Risks for fixed and rotor wing aircraft, Airside/Airport premises and hangarkeepers liability, and General Aviation for non-piston engine aircraft, turbo jets, turbo props, and turbine helicopters. Coverage limits available up to USD 100,000,000. For aircraft owners, operators, and aviation businesses.
• Commercial Property Insurance Commercial property (re)insurance covering buildings, stock, and equipment against perils such as lightning, explosion/implosion, aircraft damage (FLEXA), and All Risks, with optional Business Interruption coverage. For businesses with commercial premises.
• Construction Insurance Construction/Erection All Risks (CAR/EAR) insurance for buildings under construction, renovation, refurbishment, or engineering/installation works, including Plant and Machinery, Third Party Liability, Public Liability, and Delay in Completion cover. For construction companies, contractors, and engineering firms.
• Credit & Surety Insurance Credit insurance protecting clients against unpaid invoices due to customer insolvency, liquidation, and political risks; plus Surety Bonds including Performance Bonds, Bid Bonds, and Advanced Payment Bonds. For businesses selling on credit, contractors, and suppliers requiring bond protection.
• Cyber Liability Insurance Cyber Liability insurance covering losses arising from damage to or loss from IT systems and networks, including data breaches, malicious attacks, reputational risk, regulatory enforcement, and business interruption. For businesses requiring cyber protection.
• Energy Insurance Energy insurance covering Upstream (Exploration and Production), Midstream (Storage, Distribution and Pipelines), and Downstream (Refineries, Plants and Processing) risks with physical damage, construction, third party liability, and business interruption coverages. For energy sector operators and contractors.
• Financial & Professional Liability Insurance Professional liability insurance including Directors & Officers (D&O) coverage for personal losses from legal action, and Professional Indemnity coverage for claims arising from negligence in professional services or advice. For directors, officers, and professionals.
• Fine Art Insurance Specialist insurance for works of art and collectibles covering private and corporate collections, museums, galleries, auction houses, exhibitions, transits of art, and single items requiring bespoke policies. For art collectors, museums, galleries, and auction houses.
• Liability Insurance Liability insurance including General/Public Liability for bodily injury or property damage to third parties, Environmental Liability for pollution-related claims, and Weather & Agriculture coverage for crop yield financial losses. For businesses requiring third-party liability protection.
• Marine Insurance Marine insurance covering Hull, Machinery & War for vessels, Protection & Indemnity (P&I) for liability claims, Ports & Terminals operations, Cargo for goods in transit or storage, and additional coverages including Marine General Legal Liability and Marina Operators Liability. For vessel owners, ports, terminals, cargo handlers, and freight forwarders.
• Political & Terrorism Insurance Political & Terrorism insurance protecting physical assets and business interruption against risks including Terrorist Events, War, Civil War, Strikes, Riots, Civil Commotion, and Rebellion that may be excluded from standard property coverage. For businesses with international or high-risk exposure.
• Specialist Business Insurance Bespoke business insurance tailored to specific requirements, combining Business Interruption, Commercial All Risks, Employers Liability, Personal Accident, Product Liability, Property Damage, and Public Liability coverage. For businesses needing flexible combinations of coverage types.
• Transportation Insurance Transportation insurance covering Motor Truck Cargo (MTC) and Automobile Physical Damage (APD), Cargo and logistics liability, UK hauliers' freight forwarder legal liability, and Warehouseman's legal liability. For truck operators, fleets, auto hauliers, dealers, freight forwarders, and warehousemen.
• Treaty & Fronting Services Treaty reinsurance broking and fronting services including Quota Share Programs, Excess of Loss Programs, Catastrophic Coverages, Treaties, Line Slips, Binding Authorities, Captives, and Fronting Arrangements. For insurance companies, reinsurance companies, and managing agents requiring portfolio protections, capacity, or fronting arrangements.

Segments14 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Emerging players

• BPL Global: Independent specialty Lloyd's broker with growing presence across aviation, marine, and credit lines. Comparable emerging specialist peer with similar independent positioning and Lloyd's market access.

Direct peers

• Howden Group: London-headquartered specialty insurance and reinsurance broker with deep Lloyd's market access and global offices. Closest direct comparable to NDI given shared Lloyd's-broker DNA and specialty-line focus.
• Miller Insurance Services: Independent Lloyd's broker offering specialty insurance and reinsurance across energy, marine, aviation, and professional lines. Directly comparable business model and London-market orientation to NDI.
• BMS Group: Independent specialist insurance and reinsurance broker operating from London and other hubs, providing specialty placement across multiple lines including treaty. Direct Lloyd's peer with similar independent positioning.
• Lockton: World's largest independent insurance broker with deep specialty practice (aviation, marine, energy, cyber). Comparable to NDI in specialty orientation and independent ownership model.
• RFIB Group: London-based Lloyd's insurance and reinsurance broker focused on specialty and treaty business. Direct peer to NDI given shared Lloyd's broker status and specialty reinsurance activity.
• Ed Broking (part of Howden): Specialist Lloyd's broker focused on energy, marine, aviation, and treaty reinsurance. Highly comparable business model to NDI's specialty and treaty & fronting offering.

Broad incumbents

• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with substantial specialty practice (aviation, marine, energy, cyber). Larger, diversified incumbent that competes for the same specialty clients as NDI.
• Marsh Specialty (Marsh McLennan): Specialty division of global brokerage Marsh covering aviation, marine, energy, credit, political risk, and cyber. Represents the larger incumbent alternative to independent specialists like NDI.
• Aon Specialty: Specialty practices of global broker Aon across aviation, marine, energy, and political risk. Competes with NDI for complex cross-border placements but operates at significantly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/NDIinsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 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 NDI Insurance & Reinsurance