Mulberry Risk

What Mulberry Risk does

Mulberry Risk is a UK-based private company founded in 2017 and headquartered in Chelmsford, operating in the insurtech segment of the specialty insurance value chain. According to its stated short description, the company provides capacity management, analytics and pricing technology services specifically for Managing General Agents (MGAs) — the underwriting entities that bind coverage on behalf of carriers and require technology infrastructure to manage capacity allocation, price risk, and analyze portfolio performance.

The firm operates at small scale (11-50 employees) under founder-led leadership, with David Hughes serving as Founder, Director & CEO. Its product surface targets a narrow vertical within the London/UK specialty insurance market: the operational and analytical tooling that MGAs need to interface with capacity providers, price risks, and run their books of business. The company website is mulberryrisk.com.

The detailed product architecture, revenue mechanics (subscription vs. transaction-based vs. license), customer roster, pricing model, and competitive positioning are not disclosed in the available input. While the firmographic footprint indicates an established niche insurtech provider, the input does not contain sufficient detail to characterize revenue model, GTM motion, or technical differentiators beyond the high-level description.

Name

Mulberry Risk

Legal name

Consilium Insurance Brokers Ltd

Website

https://mulberryrisk.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Mulberry Risk is a UK-based insurtech company, founded in 2017, providing capacity management, analytics and pricing technology services for Managing General Agents (MGAs).

Ownership category

akta.pro rank

Product category

Insurance Technology

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAK

Insurance Program Administration & MGA/MGU Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAG

Risk Management Consulting (Enterprise & Operational Risk)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

Keywords

• Capacity management software
• Insurance pricing analytics
• MGA technology platform
• Underwriting analytics tools
• Pricing optimization software

Headquarters

HQ city

Chelmsford

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations

Revenue model

1. Insurance Broking Services: As a specialty insurance broker, Consilium generates revenue through brokerage commissions on insurance placements placed with global markets and insurer partners. The company serves as intermediary between brokers, policyholders, MGAs, and cedants, earning commissions on transactions facilitated.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Mulberry Risk provides capacity management, analytics, and pricing technology services tailored for managing general agents (MGAs). The company delivers software-enabled tools to help MGAs manage capacity allocation, analyze portfolios, and optimize risk pricing decisions.

Product overview

Consilium is a specialty insurance broker operating as a single unified platform, supported by its proprietary ATOMX technology platform. The company offers access to 100+ A-rated markets through ten distinct divisions spanning the globe. ATOMX, their flagship technology product, is built and maintained in-house by 150+ tech and insurtech professionals and serves as the core technology infrastructure enabling their broking operations.

Differentiator

Problem solved

Functional benefit

Brands

• ATOMX: Proprietary technology platform that streamlines the broking process using the latest technologies, developed and maintained by 150+ top tech and insurtech talents.
• International Casualty Risk Solutions

Products and services

• Capacity Management
• Analytics
• Pricing Technology

Named customers6 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core and minor.

• ProvenancecoreStrategic or Co-development Partner · 1 July 2026Consilium partners with Provenance to provide a new integrated risk solution for digital assets. The partnership addresses the growing digital assets market which requires governance, compliance, operational resilience, regulatory compliance and specialist insurance protection. As the sector grows, demand for both regulatory compliance and specialist insurance protection increases.
• Ollie BearmanminorOthersConsilium is proud to sponsor Ollie Bearman as he competes at the highest level of motorsport (Formula 1). His focus, ambition and fearless approach reflect the values that drive performance on track and in business.

Scale indicators6 records

Recent moves1 record

Expansion highlights2 records

Direct peers

• Zywave: Insurance technology provider offering analytics, content, and distribution tools to brokers, carriers, and MGAs. Comparable as a SaaS analytics and workflow vendor serving the same MGA buyer segment.
• Birdsview Analytics: Insurance-specific analytics and pricing platform for carriers, brokers, and MGAs. Comparable as a focused analytics and pricing technology vendor for the MGA market, directly overlapping with Mulberry Risk's stated product scope.
• Novidea: Cloud-based insurance management platform built specifically for brokers, MGAs, and coverholders with strong analytics and placement workflow capabilities. Closely comparable to Mulberry Risk as a focused MGA/broker technology provider with similar product scope.

Emerging players

• Socotra: Modern core insurance platform targeting MGAs and digital insurers. Comparable as a cloud-native technology vendor addressing MGA operational needs, though it focuses on core policy administration rather than capacity/pricing analytics.
• Qomply: Compliance and operational risk management platform serving insurance firms. Comparable as a UK-based insurance technology vendor in adjacent risk/operational tooling, though narrower in scope than Mulberry Risk's MGA capacity and pricing focus.

Broad incumbents

• Applied Systems: Leading insurance technology platform serving agencies, MGAs, and brokerages with management, accounting, and rating systems. Comparable because it serves the MGA segment alongside broader insurance distribution, though its scale and product breadth far exceed Mulberry Risk's focused offering.
• Insurity: Cloud-based insurance software platform serving carriers, MGAs, and TPAs with policy administration, billing, and analytics. Comparable due to its MGA-targeted SaaS offering, although Insurity operates at significantly larger scale.
• Vertafore: Major insurance distribution software provider offering agency management, rating, and content solutions. Comparable as a technology platform serving insurance agencies and MGAs, although its portfolio is much broader than Mulberry Risk's MGA-specific capacity and pricing focus.
• EIS Group: Enterprise insurance platform providing core systems, data, and digital capabilities to carriers and MGAs. Comparable due to MGA-targeted functionality, though it competes at the larger carrier end of the market.
• Duck Creek Technologies: Provider of core insurance software (policy, billing, claims) for P&C carriers and MGAs. Comparable because it sells into the same MGA buyer segment, though its primary strength is in core systems rather than capacity management and pricing analytics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Mulberry Risk