Agile Underwriting

What Agile Underwriting does

Agile Underwriting is an Australian insurtech operating as a Managing General Agent (MGA) and Lloyd's Coverholder, founded in August 2015 in Sydney. The company writes multiple specialist insurance classes — Aviation, Accident and Health, Casualty, Construction, Cyber, Financial Lines, Marine, Property, and Retail Travel — serving insurance brokers, small-to-medium businesses, aviation operators, professional services firms, and consumers of niche products like glider and drone cover. Capacity is provided through 12 Lloyd's binding authorities and, since May 2024, its own Lloyd's Syndicate AUS 2427, with financial security rated A+ (S&P), AA- (Fitch), and A (A.M. Best).

The company's core technology is 'Powered by Agile', an API-first insurance platform built by insurtech veterans over more than ten years. The platform enables brokers to quote and bind policies 24/7 through a partner dashboard, supports direct online purchase of simpler consumer products (CyberCare, ACRE, GliderCover, Pilot Personal Accident, LAME, Drone DataCare), and offers API-based embedded insurance for logistics and other third-party platforms — for example, the Inland Transit product can be deployed as a new partner revenue stream within one week.

Agile makes money through three primary revenue streams: MGA/Coverholder commissions and fees from Lloyd's Syndicates for distributing their products through the broker channel; licensing and royalty revenue from partners integrating the Powered by Agile platform to sell Agile's products; and recurring premium revenue from embedded insurance products sold through API-integrated distribution partners. Operations span Sydney and Melbourne in Australia plus Newmarket, Auckland, supported by 60 staff in Australia and the Philippines. Recent strategic emphasis is on New Zealand expansion (Liz Geden appointed Country Head in June 2025) and global ambitions enabled by Syndicate AUS 2427.

Name

Agile Underwriting

Legal name

Agile Underwriting Services Pty Ltd

Website

https://agileunderwriting.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Agile Underwriting is an Australian insurtech MGA and Lloyd's Coverholder that distributes Aviation, Cyber, Financial Lines, Accident & Health, Casualty, Construction, and Specialty insurance via brokers, direct online, and API-embedded channels through its 'Powered by Agile' platform.

Ownership category

akta.pro rank

Product category

Specialty Insurance Underwriting

NAICS

Other Insurance Related Activities (52429), Insurance Agencies and Brokerages (52421), Other Direct Insurance (except Life, Health, and Medical) Carriers (524128)

SIC

Insurance Carriers, Nec (6399), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Underwriting Automation & Workflow Enablement (FSAOAIAI)

Keywords

• Specialty insurance underwriting
• Insurtech platform solutions
• Cyber insurance products
• Aviation insurance coverage
• Embedded insurance API

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. MGA / Coverholder Brokerage: Agile operates as a Lloyd's Coverholder and MGA (Managing General Agent), earning binding authority commissions and fees from insurers (Lloyd's Syndicates) for distributing their insurance products through the broker channel. Products include Aviation, Financial Lines, Cyber, Accident & Health, Casualty, Construction, Marine, Property, and Travel.
2. Powered by Agile Platform Licensing: Revenue from licensing the API-first quote-and-bind platform to brokers, retailers, and distributors. Partners integrate the platform to sell Agile products and earn commission while doing less work.
3. Embedded Insurance API: Embedded insurance through API integration for logistics platforms and other third-party distributors. Revenue generated from premiums written through partner integrations.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Agile Underwriting is an Australian insurtech Managing General Agent (MGA) and Lloyd's Coverholder that designs, prices, and distributes specialty insurance products across Aviation, Cyber, Financial Lines, Accident & Health, Casualty, Construction, Marine, Property, and Travel. It underwrites through a network of insurance brokers via its "Powered by Agile" API-first quote-and-bind platform, offers direct online purchase for simpler products, and embeds coverage via API into third-party platforms such as logistics providers.

Product overview

Agile Underwriting is an Australian insurtech MGA and Lloyd's Coverholder that operates as a multi-class insurance platform offering Aviation, Cyber, Financial Lines, Accident & Health, Casualty, Construction, and Specialty products. The company provides a unified platform approach through 'Powered by Agile' enabling API-first digital distribution for brokers with instant quote and bind capabilities. The product portfolio spans both在线 digital products (ACRE, GliderCover, Pilot Personal Accident, LAME, CyberCare, CyberSelect) and traditional broker-serviced offerings across multiple insurance classes. Agile also operates its own Lloyd's Syndicate (AUS 2427) providing bespoke capacity, and offers wholesale services for hard-to-place risks.

Differentiator

Problem solved

Functional benefit

Brands

• CyberCare: Small business cyber and data breach protection insurance product available online in under 3 minutes.
• CyberSelect
• ACRE
• GliderCover
• Pilot Personal Accident Cover
• LAME

Products and services

• Aircraft Hull & Liability Coverage for accidental damage to aircraft including hull protection and liability coverage for claims made by passengers and third parties, sold to aircraft owners through brokers and online channels.
• Aviation Hangar Keepers Liability

Quantifiable outcome

• New revenue stream operational in 1 week through embedded insurance API integration
• +1 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Mills OakleyminorGTM or Marketing Partner · 1 January 2025Mills Oakley partnered with Agile for a live Q&A on cyber risk, reality, and readiness, featuring James Crowther (Head of Emerging Risks at Agile) alongside Jason Symons and Mitch Riley-Meijer from Mills Oakley. The session explored the evolving cyber threat landscape and key aspects of cyber coverage.
• Cynch SecuritycoreGTM or Marketing Partner · 24 July 2019Strategic partnership where Cynch Security delivers Agile's CyberCare cyber insurance to its annual small business members. Cynch cyber fitness program members can purchase the policy using Cynch member credits at no additional cost, while others may receive discounts. The partnership combines cyber resilience education with insurance protection.
• StarStone (Lloyd's Underwriter)minorStrategic or Co-development Partner · 12 February 2019Lloyd's underwriter StarStone appointed Agile Underwriting Services as its Australia and New Zealand representative agent. This relationship allowed Agile to expand its market presence as StarStone pulled back from having its own direct presence in the region.
• Clyde & CocoreImplementation/ SI/ Consulting PartnerGlobal law firm Clyde & Co serves as the dedicated Incident Response Manager for Agile's CyberSelect product. They provide 24/7 incident response hotline, breach coaching, and coordinate specialist third-party service providers including IT forensics, legal, and public relations to manage cyber incidents from moment of occurrence.
• Lloyd's of LondoncoreStrategic or Co-development PartnerAgile operates as a Lloyd's approved Coverholder and has launched its own Syndicate at Lloyd's (AUS 2427) with backing from Lloyd's and key partners. Capacity is provided through Binding Authorities written at Lloyd's of London. Financial security backed by Lloyd's financial strength.
• UAC (Underwriting Agencies Council)minorOthersAgile is a member of UAC (Underwriting Agencies Council), an industry body representing underwriting agencies in Australia.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• At-Bay: US cyber insurance MGA combining technology-enabled underwriting with broker distribution. Comparable technology-first approach to cyber insurance for SMBs with active risk monitoring services.
• Honey Insurance: Australian insurtech MGA offering embedded insurance products through digital channels. Operates with similar Lloyd's-backed capacity model and API-first distribution approach targeting Australian consumers and small businesses.
• CFC Underwriting: London-based Lloyd's MGA writing multi-class specialty insurance including cyber, professional lines, and emerging risks. Comparable as a multi-class Lloyd's Coverholder with technology-enabled distribution and broker focus.
• BizCover: Australian online insurance platform enabling SMBs to quote, compare and bind business insurance across multiple lines. Operates as an MGA with similar online-first distribution model targeting Australian small businesses.
• Cover Genius: Australian-founded global embedded insurance platform enabling partners to offer insurance via API. Highly comparable in embedded insurance/API distribution model and Australian origin, though Cover Genius operates globally with broader partner ecosystem.
• Coalition: US-based cyber insurance MGA with technology-first underwriting and broker distribution. Closely comparable in cyber product (CyberCare/CyberSelect vs. Coalition's cyber coverage) with similar API-enabled distribution and incident response model.

Broad incumbents

• Beazley: Lloyd's-based specialty insurer with multi-class capabilities including cyber, marine, and specialty lines. Comparable in Lloyd's-backed multi-class specialty underwriting though at significantly larger scale with proprietary balance sheet.
• QBE Insurance: Global insurer headquartered in Sydney with major Australian/NZ operations writing multi-class commercial and specialty insurance. Broad incumbent competitor with deeper capital base and broader distribution reach than Agile.
• Insurance Australia Group (IAG): Australia's largest general insurer offering multi-class personal and commercial insurance. Operates as broad incumbent with deeper capital, larger distribution, and established broker relationships across Australia/NZ.

Emerging players

• Upcover: Australian insurtech offering digital business insurance for small businesses with online binding. Smaller scale than Agile but competing in similar Australian SMB insurance market with technology-led distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/agile-underwriting-services
• Xx.com/agile_uw

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 Agile Underwriting