Corin

What Corin does

Corin Underwriting Limited is a UK-based Managing General Agent (MGA) founded in 2017 by Andy Hurrell, operating as a 'virtual insurer' specializing in casualty and general liability cover for high-hazard contractor trades. Its core offering is a portfolio of online open market facilities covering more than 400 contracting and high hazard trades—spanning contracting, recycling, motor trade, rope access, manufacturing, haulage, and cleaning—delivered through UK, Irish, and (since 2022 via Corin Underwriting (Europe) GmbH in Hamburg) continental European underwriting platforms. The portfolio is complemented by Legal Expenses Insurance and Scheme Placement Services; capacity is provided exclusively by A-rated carriers including Calpe Insurance (AM Best A+, a TransRe subsidiary), Great American International Insurance, Arch Insurance, and ARAG.

The company's differentiation rests on a proprietary bespoke underwriting platform that consolidates quoting, policy documents, claims, accounting, and reporting into a single online portal, with 24-hour quote turnaround for standard cases and full in-house claims handling. This is paired with deep facultative underwriting expertise in unusual or multiple trade occupations, and is independently validated by AM Best's PA-2 'Excellent' Performance Assessment — a credential that only a small number of MGAs globally hold. Investors in People Silver accreditation signals organizational maturity and ongoing apprenticeship/NextGen talent development.

Corin distributes exclusively through insurance brokers rather than direct-to-customer, positioning itself as a long-term strategic partner rather than a transactional capacity provider. Its revenue model is commission-based on insurance premiums written (MGA economics), with operations anchored in Leigh-on-Sea (UK headquarters) and Hamburg (European platform), and a dormant Irish subsidiary. Growth is organic: 15% GWP growth projected for 2024, consistent underwriting profitability since inception, and continued expansion into EEA territories under freedom-of-services provisions.

Name

Corin

Legal name

Corin Underwriting Limited

Website

https://corin.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Corin Underwriting is a UK-based MGA founded in 2017 that operates as a virtual insurer, underwriting casualty and general liability cover for 400+ high-hazard contractor trades via brokers across the UK, Ireland, and EEA through its proprietary digital platform.

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Contractor liability insurance
• Managing general agent
• Specialty insurance underwriting
• High hazard trades
• Insurance broker services

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, Technology or R&D, Marketing or Sales

Revenue model

1. MGA Insurance Underwriting Commission: Corin operates as an MGA (Managing General Agent) earning commission on insurance premiums written. The company receives commission from capacity providers (insurers) which is an integral part of the premium. Additional remuneration may be received for certain business aspects.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Corin Underwriting Limited is a Managing General Agent (MGA) and virtual insurer that underwrites and distributes contractor liability insurance for high-hazard trades. Founded in 2017 and headquartered in Leigh-on-Sea, UK, the company works with insurance brokers across the UK, Ireland, and Germany to deliver liability, combined, and legal-expenses cover for contractors.

Product overview

Corin is an MGA (Managing General Agent) operating as a virtual insurer offering a portfolio of specialist insurance products. The core offering consists of three main liability facilities: UK Contractors Liability Facility, Irish Contractors Liability Facility, and the Combined Facility for high risk trades. These are complemented by Legal Expenses Insurance as an add-on product and Scheme Placement Services for niche risks. The company operates through a bespoke underwriting platform that handles quotes, policy documents, claims, accounting and reporting. All products are backed by A-rated capacity partners and supported by in-house claims management. The company's PA-2 'Excellent' AM Best Performance Assessment provides independent verification of underwriting capabilities and governance standards.

Differentiator

Problem solved

Functional benefit

Products and services

• UK Contractors Liability Specialist liability insurance product for UK-based contractors operating in high-hazard trades, underwritten by Corin and distributed to brokers for placement with contractor clients.
• Irish Contractors Liability Specialist liability insurance product for Ireland-based contractors operating in high-hazard trades, mirroring the UK Contractors Liability offering and distributed through Irish insurance brokers.
• Combined Facility Combined liability facility packaging multiple contractor liability covers into a single underwriting arrangement for brokers placing high-hazard contractor business.
• Legal Expenses Insurance Legal expenses cover sold alongside Corin's contractor liability products to provide contractors with access to legal representation and defence costs arising from insured disputes.
• Scheme Placement Services Bespoke scheme placement service through which Corin designs and underwrites tailored contractor liability insurance programs for trade associations, broker panels, or affinity groups.

Quantifiable outcome

• Consistently profitable underwriting since 2017
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• MGAA (Managing General Agents' Association)coreOthersCorin is a member and sponsor of the MGAA. Andy Hurrell participates in MGAA events including Broker Exchange and AI Breakfast Briefings as panel speaker. The MGAA is a trade association representing MGAs in the UK market.
• BIBA (British Insurance Brokers' Association)coreOthersCorin is a member of BIBA, participating in annual BIBA Conference as exhibitor and sponsor.

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Emerging players

• Superscript: Superscript is a UK digital MGA providing small commercial and specialty business insurance through brokers and direct. Comparable as an emerging technology-driven MGA competing for UK broker-distributed commercial liability premium, with overlapping target segments.
• Protean Insurance Services: Protean is a UK-based MGA and product distributor providing specialist commercial schemes, including contractor liability, through brokers. Comparable to Corin as an emerging MGA targeting niche UK liability risks via broker intermediaries.

Broad incumbents

• Hiscox UK: Hiscox is a major UK specialty insurer and Lloyd's market participant with significant contractor, professional and commercial liability offerings through brokers. Comparable as a broad incumbent competing for the same UK broker-distributed liability premium that Corin targets.
• Arch Insurance UK: Arch Insurance is a global specialty insurer operating through Lloyd's and Irish (Arch EU dac) entities providing capacity to UK and European MGAs, including Corin's Irish liability account. Comparable as a capacity provider and broader incumbent in the same contractor liability space.
• Markel UK: Markel International is a specialty insurer offering contractor liability, professional indemnity and niche commercial lines through UK and European brokers. Comparable as a broader incumbent in the same UK/EEA specialty liability distribution channel Corin serves.

Direct peers

• Qdos Broker & Underwriter Services: Qdos is a UK specialist broker and MGA focused on contractor liability, IR35 and gig-economy risks distributed through intermediaries. Direct competitor to Corin in the UK high-hazard contractor liability segment.
• Accelerant: Accelerant is a specialty MGA platform operating in the UK and Europe that provides capacity, data and technology infrastructure to underwriters serving niche commercial risks. Comparable to Corin as a UK/European specialty MGA competing for broker-distributed niche liability business.
• CFC Underwriting: CFC is a Lloyd's-backed specialist MGA writing a broad portfolio of commercial liability, professional indemnity and specialty lines through brokers. Most directly comparable to Corin as a UK-headquartered, broker-distributed, technology-enabled MGA serving niche commercial risks.
• Thistle Insurance Services: Thistle Insurance is a UK MGA and scheme administrator providing specialist commercial and contractor products via broker schemes. Comparable to Corin as a UK scheme/MGA serving niche liability risks through the broker channel.

Regional players

• ARAG Legal Expenses: ARAG is a global legal expenses insurer providing capacity for Corin's Legal Expenses add-on product. Comparable as a regional capacity partner embedded in Corin's product suite, though primarily a legal expenses specialist rather than direct liability competitor.

Market position

Strengths2 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/corin-underwriting
• Instagraminstagram.com/corin_underwriting

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

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 Corin