Acclaim Insurance Brokers

What Acclaim Insurance Brokers does

Acclaim Insurance Brokers is a Singapore-headquartered independent insurance brokerage and risk advisory firm founded in 1983 by Anthony Lim. Operating today under Founder/Executive Chairman Anthony Lim and CEO/Managing Director Tony Lim, the firm is privately held and wholly Singaporean-owned, with no disclosed institutional investors, funding rounds, or M&A activity in its history. It delivers consulting, brokerage, and claims advocacy services primarily to enterprise clients across nine documented industry verticals — construction, marine, financial institutions, government agencies, manufacturing, technology, power and energy, agriculture & aquaculture, and commercial enterprises.

The firm's service architecture comprises nine functional capabilities (alternative risk solutions, bonds & surety, cyber risk quantification, employee health & benefits, general insurance management, insurance packages, reinsurance, specialty risks, and trade credit) delivered alongside nine industry-specific practices. Its technical footprint is that of a traditional professional-services firm: no proprietary platform, software product, patents, API, or disclosed AI/ML capability beyond the Cyber Risk Quantification offering, and no mobile applications. Distribution is fully direct-sales driven through enterprise field engagement with senior management directly involved in client delivery; geographic presence is limited to the Singapore headquarters (19 Keppel Road, JLT Poh Building) and a single regional office in Yangon, Myanmar. Lead generation runs through the corporate website, LinkedIn, published case studies, and consultation requests rather than digital self-serve channels.

Acclaim earns revenue through two streams: insurance brokerage commissions on premiums placed with carrier partners (a transaction-fee model, with rates typically a percentage of premium) and risk advisory and consulting fees for complex program design and claims advocacy (a professional-services model). Specific pricing is not publicly disclosed and depends on policy type, coverage scope, and client risk profile. Documented case studies include risk coverage for a global offshore engineering leader across four continents, the largest event-cancellation cover placed in the Singapore market for an international water-sports championship, and multi-year regulatory-claims advocacy for a global trust and legal-entity administration company resulting in tens of millions in settlement — signalling large-contract, complex-placement work rather than high-volume transactional brokerage.

Name

Acclaim Insurance Brokers

Legal name

Acclaim Insurance Brokers Pte Ltd

Website

https://acclaim.com.sg

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

Acclaim Insurance Brokers is a privately held, Singapore-headquartered independent insurance broker and risk advisory firm founded in 1983, serving enterprise clients across nine industry verticals with consulting, brokerage, and claims advocacy services.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industries

Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD), Professional Liability (E&O) (FSAJAGAC), Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)

Keywords

• Insurance brokerage services
• Risk advisory consulting
• Enterprise risk management
• Claims advocacy services
• Specialty insurance solutions

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Traditional insurance brokerage earning commissions from placing insurance policies with insurers on behalf of clients. Revenue derived from insurance premiums placed, typically a percentage of the premium.
2. Risk Advisory and Consulting: Strategic risk consulting services including risk assessment, program design, and claims advocacy. Services provided to enterprise clients for complex insurance programs.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Acclaim Insurance Brokers is an independent insurance brokerage and risk advisory firm that places complex commercial insurance programs with insurers and reinsurers on behalf of enterprise clients. Its offering combines nine service lines — alternative risk solutions, bonds & surety, cyber risk quantification, employee health & benefits, general insurance management, insurance packages, reinsurance, specialty risks, and trade credit — delivered through nine industry practices spanning construction, marine, financial institutions, government agencies, manufacturing, power & energy, technology, agri & aquaculture, and commercial enterprises, with proactive claims advocacy as a documented capability.

Product overview

Acclaim Insurance Brokers is an independent insurance brokerage firm offering a unified platform of risk advisory and insurance services. The core portfolio comprises nine service lines (Alternative Risk Solutions, Bonds & Surety, Cyber Risk Quantification, Employee Health & Benefits, General Insurance Management, Insurance Packages, Reinsurance, Specialty Risks, and Trade Credit) organized around nine industry practices (Agri & Aquaculture, Construction, Commercial Enterprises, Financial Institutions, Government Agencies, Manufacturing, Marine, Power & Energy, and Technology). These services are delivered through global market access and a network of specialty teams, with claims advocacy as a differentiating capability. The firm was founded in 1983 and is headquartered in Singapore with an additional office in Myanmar.

Differentiator

Problem solved

Functional benefit

Products and services

• Alternative Risk Solutions Helps enterprise clients manage complex exposures through innovative structures beyond traditional insurance, providing customised strategies that reduce total cost of risk and enhance resilience.
• Bonds & Surety Delivers financial security and compliance assurance for projects, protecting stakeholders and ensuring contractual obligations are met with confidence.
• Cyber Risk Quantification Quantifies the financial impact of cyber threats to help enterprise clients structure and optimise their cyber insurance programs.
• Employee Health & Benefits Designs tailored employee benefits and health insurance solutions that align with enterprise business goals, support talent retention, and optimise workforce well-being.
• General Insurance Management Provides end-to-end support in structuring, managing, and optimising general insurance programs to ensure comprehensive coverage and cost efficiency for businesses.
• Insurance Packages Simplified and cost-effective coverage solutions designed to meet the needs of smaller enterprises, bringing ease and peace of mind.
• Reinsurance Helps insurers manage risk, optimise capital, and enhance capacity by providing reliable reinsurance protection against large or complex exposures.
• Specialty Risks Expert risk managers deliver solutions for unique and specialised risks, leveraging global markets to secure optimal coverage and capacity.
• Trade Credit Helps businesses safeguard receivables and strengthen cash flow with tailored trade credit insurance that protects against customer default.
• Construction Industry Practice Provides integrated insurance solutions for projects across public and private sectors including residential, industrial, infrastructure (bridges, roads, rails, power), and specialised projects like tunnels and dams, accessed through global insurer networks.
• Marine Industry Practice Provides specialised risk and insurance solutions across the global marine market including Protection & Indemnity Clubs, covering marine vessels, cargo, yachts, and providing proactive claims advocacy for complex cases.
• Financial Institutions Industry Practice Partners with banks, investment firms, and insurers to protect assets, operations, and reputation through tailored insurance and risk solutions including Professional Indemnity, D&O Liability, Banker's Blanket Bond, and regulatory investigation cover.
• Government Agencies Industry Practice Provides specialised risk and insurance solutions for government agencies and public institutions protecting public assets, operations, and services while ensuring compliance and long-term resilience.
• Manufacturing Industry Practice Helps manufacturers protect their people, products, and operations with practical insurance and risk solutions ranging from basic coverage to complex multi-country programs covering business interruption, product liability, marine cargo, cyber, and trade credit.
• Technology Industry Practice Partners with technology companies to protect their data, operations, and intellectual property through tailored insurance covering cyber risk, technology E&O, IP infringement, crime, business interruption, and product liability.
• Agri & Aquaculture Industry Practice Delivers tailored insurance and risk management solutions across crops, aquaculture, and livestock, backed by global insurers and reinsurers, including comprehensive, specialised, parametric, and weather index-based solutions.
• Power & Energy Industry Practice Delivers specialised risk and insurance solutions for the power and energy sector, safeguarding assets and operations while supporting reliable and sustainable energy delivery.
• Commercial Enterprises Industry Practice Supports businesses of all sizes in protecting their people, assets, and operations with comprehensive insurance and risk solutions covering legal liabilities, director exposures, cyber threats, and operational interruptions.

Quantifiable outcome

• Largest event cancellation insurance cover ever placed in the Singapore market for a major international sporting event
• +1 more outcomes

Named customers3 records

Segments10 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Willis Towers Watson (WTW): WTW is a global insurance and reinsurance broker with a strong Singapore and Asia footprint offering specialty risk placement, claims advocacy and risk advisory services. It directly competes with Acclaim for enterprise mandates in marine, energy, financial institutions and construction.
• Lockton: Lockton is the world's largest independent insurance broker, with Asia operations and a specialty-focus model anchored in complex commercial risks. Its philosophy of large-account specialty brokerage mirrors Acclaim's positioning as an independent advisor for complex enterprise risks.
• Howden: Howden is a fast-growing independent specialty insurance broker expanding across Asia, with deep expertise in marine, energy, construction and other complex specialty lines that closely mirror Acclaim's vertical mix. Its specialty-led, founder-entrepreneur model is structurally similar to Acclaim's independent approach.
• Aon Singapore: Aon is a global insurance brokerage and risk advisory leader with deep Singapore operations serving the same enterprise and specialty accounts as Acclaim, including construction, marine, financial institutions, energy and technology. Both firms compete for the same complex placement and risk advisory mandates from enterprise and government clients.
• Boci Insurance Brokers: Boci is a Singapore-headquartered independent insurance and reinsurance broker serving enterprise clients across Asia, with significant overlap in marine, energy, construction and other specialty verticals. As a fellow homegrown Singapore broker, it is the closest comparable domestic peer to Acclaim.
• Marsha (Marsh) - Singapore: Marsha is one of the world's largest insurance brokers and risk advisors with a major Singapore hub serving enterprise clients across marine, energy, construction, and financial institutions - the same verticals Acclaim targets. It competes head-to-head for the same complex, large-scale enterprise risk programs in Singapore and across Southeast Asia.
• Arthur J. Gallagher (AJG): Arthur J. Gallagher is a global insurance brokerage and risk management firm with Asia-Pacific operations providing specialty placement, claims advocacy and risk advisory services. It is a direct comparable for Acclaim's enterprise-focused, specialty-led brokerage model.

Emerging players

• OneGlobal: OneGlobal is a fast-growing specialty insurance broker network with Asia-Pacific member firms targeting complex, mid-to-large commercial accounts. It competes with Acclaim for specialty placements and cross-border enterprise mandates across Asia.
• CFC Underwriting: CFC is a specialist insurance underwriting and brokerage group with strong cyber and specialty capabilities, increasingly relevant as Acclaim invests in cyber risk quantification. While primarily a carrier, it competes for the same specialty lines and enterprise placements Acclaim brokers.

Broad incumbents

• QBE Insurance: QBE is a major global insurer and reinsurer with a sizable Singapore and Asia-Pacific presence across marine, energy and commercial lines. While QBE underwrites risk directly, its offerings intersect with the specialty and complex placement work that Acclaim places with global markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/acclaim-insurance-brokers-pte-ltd/?originalSubdomain=sg

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Acclaim Insurance Brokers