Angel Risk Management

Name

Angel Risk Management

Legal name

Angel Risk Management Limited

Website

https://angelriskmanagement.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Chelmsford

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Intermediation: Angel Risk Management operates as an intermediary, earning commission from AXA XL for placing insurance business. They offer interest-free direct debit premium payment options to customers and charge commissions to brokers (e.g., up to 27.5% for terrorism, 25% for cyber ROI).

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Angel Risk Management is an FCA-authorised insurance intermediary that underwrites and distributes a portfolio of specialist insurance products for small and medium-sized enterprises via its proprietary Quick Quote online platform. The company offers D&O, Professional Indemnity, Cyber, Marine Cargo, Sports and Leisure, Charities, Terrorism, Unoccupied Property, and Professional Office Package policies, with products available for the UK and Republic of Ireland markets, all backed by AXA XL.

Product overview

Angel Risk Management is an insurance intermediary offering a portfolio of intelligent online insurance solutions designed for small to medium-sized enterprises. The company provides a unified platform called Quick Quote for brokers to quote and bind coverage. The product portfolio spans two main categories: standalone insurance products (Charities and Not-for-Profit, Marine Cargo, Sports and Leisure, Cyber Liability, Professional Indemnity, Terrorism, Directors and Officers, Unoccupied Property) and Professional Office Packages (Accountants', Information Technology, and Miscellaneous Industries packages) that combine multiple coverages on a single policy. Products are tailored for both UK and Republic of Ireland markets, with UK business underwritten by AXA XL and ROI business transacted through XL Catlin Services SE as Coverholder on behalf of XL Insurance Company SE. The online platform enables brokers to create multiple quotes using pre-qualifying statements of fact, save and return to quotes, and receive full policy documents within minutes.

Differentiator

Problem solved

Functional benefit

Products and services

• Charities and Not-for-Profit Insurance Trustee indemnity policies protecting personal assets of trustees, directors, and committee members of charities, clubs, and associations from unlimited liability exposure.
• Marine Cargo Insurance Standalone policy insuring SME clients for physical loss or damage to goods in transit via sea, road, rail, air, and post. Annual premiums from £500 plus IPT, with limits up to £1,500,000 any one transit and up to £30,000,000 annual aggregate.
• Sports and Leisure Insurance Insurance for sporting entities covering individual coaches through to amateur clubs, including public liability, professional indemnity, employers liability, personal accident, and sports equipment cover. Premiums from £50, liability limits up to £10m.
• Cyber and Crime Liability Insurance (UK) Insurance product covering UK SME clients for breaches or attacks on computer networks, network compromises including extortion demands, and crime or fraudulent acts by bad actors. Available as standalone policy or extension to professional indemnity. Limits up to £1,000,000 aggregate.
• Cyber Liability Insurance (Republic of Ireland) Non-referral standalone policy insuring ROI SME clients against breaches or attacks on computer network or infrastructure, including extortion demands and financial loss from network compromise. Companies up to €10,000,000 turnover; limits up to €1,000,000.
• Professional Indemnity Insurance (UK) Insurance providing cover for UK companies offering professional services against negligence claims or civil liability claims from services provided. Includes sub-products for miscellaneous industries, construction trades, IT, accountants, and marketing/advertising/publishing.
• Professional Indemnity Insurance (Republic of Ireland) Cover for ROI companies offering professional services against negligence claims or civil liability claims. Includes miscellaneous, construction trades, IT, and accountants professional indemnity sub-products.
• Standalone Terrorism Insurance Standalone terrorism insurance for properties in UK zones A to D, offering flexible coverage, competitive premiums, and higher commission rates than Pool Re. 135% day one uplift cover (150% available by endorsement).
• Directors and Officers Liability Insurance (UK) Insurance covering UK company directors, officers and senior managers against claims arising from decisions and actions taken whilst managing their business. Includes D&O, trustee, clubs and associations, residents associations, and small business sub-products. No prospect-of-success requirement unlike legal expenses policies.
• Directors and Officers Liability Insurance (Republic of Ireland) Coverage for ROI directors and officers against claims from decisions and actions managing their business. Includes trustee, D&O with entity/employment practices, clubs and associations, and residents associations.
• Professional Office Package Multiline office package combining professional indemnity with directors and officers, public liability, employers liability, office contents, all risks, and business interruption on one policy. Includes accountants, IT, and miscellaneous industry packages.
• Unoccupied Property Insurance Insurance for unoccupied UK properties with three coverage levels: Level 1 (FLEEA), Level 2 (Extended perils), and Level 3 (All risks). Minimum premium £150; rebuild value up to £2,000,000; property owners liability up to £5,000,000.
• Quick Quote Online Platform Proprietary online quote and bind system for registered brokers to create multiple quotes for a single risk, save quotes on a secure platform, and receive full policy documents within minutes. Built around pre-qualifying statements of fact rather than traditional proposal forms.

Quantifiable outcome

• Full policy documents delivered within minutes of binding
• +2 more outcomes

Segments9 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

One partnership is on record.

• AXA XLcoreStrategic or Co-development PartnerAngel specializes in underwriting products for the small to medium-sized sector on behalf of AXA XL. AXA XL is the global insurer providing financial backing, with Angel operating as the digital SME-focused brand. AXA XL provides property, casualty, professional and specialty products and its award-winning claims team supports Angel's claims handling. Angel Risk Management Limited is a brand of XL Catlin Services SE for UK business, with ROI business transacted through XL Catlin Services SE as Coverholder on behalf of XL Insurance Company SE.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Markel UK: UK specialty insurer (part of Markel Group) writing PI, D&O, cyber, charity/trustee, and sports/leisure products for SMEs via brokers. Directly comparable product overlap with Angel and similar broker-channel distribution, but as a carrier rather than Coverholder.
• CFC Underwriting: London-market specialty insurer leading in cyber, professional indemnity, and emerging risk lines for SMEs through broker distribution. Overlaps with Angel's Cyber and PI products but acts as a Lloyd's carrier rather than a Coverholder intermediary.
• Beazley: London-listed specialty insurer with strong PI, D&O, cyber, and marine capabilities sold through brokers. Comparable to Angel on product lines and broker-channel distribution, but as an underwriting carrier at materially larger scale.
• Towergate Insurance: Large UK commercial insurance broker with significant SME and mid-market exposure across commercial lines. Comparable in customer segment (UK SMEs) and broker-led distribution, but operates as a much larger multi-product broker rather than a focused digital intermediary.
• Allianz Insurance UK: Major UK commercial insurer (subsidiary of Allianz Group) writing SME commercial packages, cyber, D&O and PI through brokers. Comparable lines and broker-channel distribution but at vastly greater scale and as a primary carrier.
• Howden: Large UK-headquartered insurance broker group serving SMEs through to corporates across multiple specialty lines. Comparable in distribution model (broker-led) and SME/mid-market focus, but operates at vastly broader scale than Angel.
• Hiscox: Global specialty insurer/broker with strong UK presence in professional lines (PI, D&O, cyber) for SMEs and professionals. Overlaps with Angel's product lines but operates at much greater scale and as a carrier rather than pure intermediary.

Direct peers

• Superscript: UK-based digital commercial insurance broker specifically targeting SMEs with online quote-and-bind across professional lines (PI, cyber, D&O, liability) — the closest functional mirror to Angel's Quick Quote model and SME product focus.
• Simply Business: UK SME commercial insurance marketplace/broker offering online quotes across multiple lines for small businesses, comparable to Angel in customer segment (UK SMEs) and digital distribution, though it operates more as an aggregator.
• PolicyBee: UK broker specialising in insurance for SMEs and professionals (PI, cyber, D&O, professional office packages) — directly overlaps with Angel's Professional Office Package and PI/D&O products for accountants, IT, and miscellaneous professions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/angelriskmgt
• LinkedInlinkedin.com/company/angel-underwriting

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 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 Angel Risk Management