URIS Group

What URIS Group does

URIS Group is a UK-based specialist insurance solutions provider operating as a Managing General Agent (MGA) and Third Party Administrator (TPA). The company delivers three core service lines — Third Party Administration, Underwriting (including niche scheme design, risk selection, pricing, and capacity sourcing), and Claims Management (FNOL through to recoveries) — alongside a portfolio of specialist personal lines products covering property (under the Midas sub-brand), motor, lifestyle and leisure, and a broad set of ancillary add-ons such as Family Legal Expenses, Home Emergency, Personal Accident, Gadget, and Key Protection. Following its January 2026 acquisition of Lutine Assurance Services, URIS has also extended into group life and business protection distributed as a Lloyd's coverholder.

The company's technology backbone consists of three proprietary platforms: the URIS Broker Hub (a broker portal for quote, bind, MTA, and renewal of ancillary products), the Claims Hub (online claims registration), and a TPA technology platform that supports both industry-standard and bespoke white-label policy administration. Distribution is multi-channel and B2B-only, spanning affinity/white-label propositions for household brands and high street retailers, direct insurer partnerships (notably Zurich for the Midas property portfolio, and RSA/Marsh on tenants contents), the broker network via Broker Hub, and intermediary-only distribution through Lutine.

Revenue is generated through a combination of MGA commission on underwritten premiums, TPA fees for outsourced policy administration, ancillary product distribution, and claims handling services. The company targets £150m of premium in its first year as an independent business post-MBO, with the Zurich partnership enabling up to £55m of annual Midas property premiums and Lutine contributing approximately £5.5m of GWP. Customer segments span insurers and underwriters, affinity/household brand partners, intermediaries and brokers, insurance start-ups, and SMEs/corporates (via Lutine). URIS is FCA-authorised (FS Register 307332), employs over 100 staff nationwide, and is headquartered in Doncaster.

Name

URIS Group

Legal name

URIS Group Limited

Website

https://urisgroup.co.uk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

URIS Group is a UK specialist insurance MGA and TPA offering underwriting, policy administration, and claims management across personal lines, ancillary products, and (post-Lutine) group life, serving brokers, insurers, affinity brands, and SMEs through proprietary Broker Hub and Claims Hub platforms.

Ownership category

akta.pro rank

Product category

Specialty Insurance Administration and MGA Services

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Third-Party Administrator (TPA) & Program Administrator Services (FSAJALAF)

akta.pro secondary industries

Ancillary Benefits TPA (Dental/Vision/Life/Accident/Critical Illness) (HLAEALAN), Claims Management & Digital FNOL Platforms (FSAGAGAC)

Keywords

• Insurance administration services
• Third party administration
• Specialty insurance underwriting
• Claims management services
• White label insurance products

Headquarters

HQ city

Doncaster

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Premium-based revenue: Generates revenue through underwriting premiums, targeting £150m of premium in first year as independent business. Zurich partnership allows up to £55 million in premiums annually.
2. Third Party Administration fees: Revenue from providing outsourced insurance administration services to clients, including policy admin services and infrastructure provision on white labelled basis
3. Ancillary products revenue: Wide range of ancillary or add-on products providing greater choice and other revenue possibilities for partners
4. Claims handling services: Claims handling services including FNOL, eligibility, adjusting, surveying, supply chain management, investigations, settlements and recoveries

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

URIS Group is a UK specialist insurance solutions provider offering Third Party Administration (TPA), niche underwriting, and claims management services to insurers, brokers, affinity brands, and high street retailers. It underwrites and distributes its own insurance products (ancillary covers, lifestyle and leisure, motor, and Midas-branded specialist property) on a white-label or broker-channel basis, and operates proprietary platforms (Broker Hub for intermediaries, Claims Hub for online FNOL) to enable quote, bind, policy administration, and claims handling.

Product overview

URIS Group is a specialist insurance solutions provider offering a platform-plus-services model. The core offerings include Third Party Administration (TPA), Underwriting, and Claims Management services. Their proprietary platforms consist of the Broker Hub for intermediary distribution and the Claims Hub for claims registration. The product portfolio spans Ancillary Products including Family Legal Expenses, Landlord Legal Expenses & Rent Guarantee, Home Emergency, Landlord Emergency, Personal Accident, Excess Protection, Gadget Insurance, Key Protection, and Tools in Transit; Lifestyle & Leisure Insurance; Motor Insurance; and Property Insurance (trading under the Midas sub-brand). The Midas property portfolio is backed by a five-year Zurich capacity agreement. Following its MBO in 2024, URIS Group acquired Lutine Assurance Services, a protection specialist MGA offering group life, key person, partnership and shareholder cover through Lloyd's.

Differentiator

Problem solved

Functional benefit

Brands

• Midas: The Midas brand trades under the specialist property insurance portfolio, backed by the Zurich partnership.

Products and services

• Third Party Administration (TPA) Insurance administration services for partners across industry-standard platforms and bespoke white-labelled web platforms, providing policy administration and infrastructure to bring new products to market quickly or integrate non-core books of business and data.
• Underwriting

Quantifiable outcome

• £150 million target premium in first year as independent business
• +2 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• Lutine Assurance ServicescoreStrategic or Co-development Partner · 5 January 2026URIS Group acquired Lutine Assurance Services from Ardonagh Group. Lutine is a long-established protection specialist providing group life (death in service) solutions to SMEs and Corporates. UGL acquired approximately £5.5million GWP book with capacity provided by Beazley and AXA XL, and a team of eight specialist colleagues who will continue operating under the Lutine brand.
• ZurichcoreStrategic or Co-development Partner · 18 September 2025Specialist personal lines MGA Uris Group renewed and expanded its long-standing partnership with Zurich, agreeing to a new five-year arrangement providing long-term capacity for its specialist property insurance portfolio trading under the Midas brand. Effective Oct 1, allows Uris to underwrite up to £55 million in premiums annually, representing £275 million in potential capacity over the deal term.
• BeazleymajorStrategic or Co-development PartnerCapacity provider for Lutine Assurance Services providing capacity for group life protection products
• AXA XLmajorStrategic or Co-development PartnerCapacity provider for Lutine Assurance Services providing capacity for group life protection products
• RSAmajorStrategic or Co-development PartnerCollaboration with RSA and Marsh on tenants contents online proposition including website, online application journey and marketing toolkit. Project motivated by commitment to help vulnerable communities and safeguard tenants in social housing.
• MarshmajorStrategic or Co-development PartnerCollaboration with RSA and URIS on tenants contents online application system. Work recognised with Insurance Times Customer Champion of the Year finalist status.
• Ardonagh GroupminorStrategic or Co-development PartnerPrevious parent company from which Uris Group completed MBO in 2024 and from which Lutine Assurance Services was subsequently acquired in 2026

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Ryan Specialty Group: US-headquartered specialty insurance platform where URIS CEO Derek Coles previously held senior roles. Comparable as a global MGA/specialty platform architecture, though Ryan Specialty operates at materially larger scale.
• BGL Group: UK insurance and financial services distributor (Compare the Market, Junction, Brand Heroes). Comparable in B2C insurance intermediation and white-label distribution infrastructure, though at significantly larger scale than URIS.
• Ardonagh Group: One of the UK's largest insurance intermediary and MGA platforms, and URIS's former parent company. Comparable as a broader incumbent operating across personal, commercial, and specialty lines with multiple MGA and broker subsidiaries.
• Hastings Group: UK personal lines (motor and home) insurer and price-comparison distributor. Comparable in UK personal lines scale and product focus, though Hastings operates its own underwriting balance sheet rather than the MGA/TPA model URIS runs.

Emerging players

• Optio Group: European MGA platform building and acquiring delegated authority businesses across personal and specialty lines. Comparable as a programmatic MGA platform pursuing roll-up growth, similar to URIS's post-MBO acquisition strategy.
• Cobra Network: UK broker network and affinity insurance provider with white-label and ancillary product distribution. Comparable in distribution model and ancillary product range to URIS's Broker Hub offering.

Direct peers

• Sabre Insurance Group: UK-listed personal lines (motor-focused) insurer operating with a price-comparison and broker distribution model. Comparable to URIS in UK personal lines focus, though URIS is broader across motor, property, and ancillaries.
• Markerstudy Group: UK-based MGA and insurance services group operating across personal lines (motor, home, specialist) with delegated authority arrangements. Directly comparable to URIS in business model, capacity-provider relationships, and UK affinity/distribution focus.
• Bastion Insurance Services: UK MGA platform with delegated authority arrangements across multiple personal and commercial lines, operating in a similar niche/affinity space to URIS with capacity-provider partnerships.
• Highway Insurance Group: UK specialist motor MGA distributing through broker networks with delegated authority capacity. Operates an overlapping UK personal-lines MGA model with similar capacity-provider economics to URIS.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/uris_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 URIS Group