Cambiaso Risso
Cambiaso Risso is a family-controlled Italian maritime services group (founded 1946, Genoa) offering marine insurance brokerage, shipping agency, and shipbroking services to shipowners, yacht owners, and cruise operators across 50+ countries, ranking as the world's 3rd largest marine insurance broker.
- Company typePrivate
- Founded1946
- HeadquartersGenoa, Italy
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Cambiaso Risso does
Cambiaso Risso is a privately held, family-controlled Italian maritime services group founded in 1946 and headquartered in Genoa. It operates three integrated business lines: marine insurance brokerage (Hull & Machinery, P&I, cargo, yacht, shipyards, and special risks), shipping agency (port calls, cruise, yacht agency, forwarding), and shipbroking (sale & purchase, dry cargo chartering, newbuildings) under the Genoa Sea Brokers (GSB) sub-brand. The group sells exclusively B2B through senior relationship managers and direct enterprise engagement, targeting shipowners, yacht owners, cruise operators, and cargo owners across 50+ countries.
The company earns revenue primarily through commission-based brokerage on marine insurance placements (Hull & Machinery, P&I, cargo, yacht), supplemented by transaction fees from shipbroking activities and shipping agency services. Total premium volume managed exceeds USD 1.1 billion globally (2025), against a net revenue of approximately USD 90 million aggregated across broking, consultancy, shipbroking, and shipping agency services. Pricing is quote-based and individually negotiated per vessel type, risk profile, and coverage requirements; no standardized pricing tiers are publicly disclosed. Distribution relies on a network of 20+ offices spanning Italy (HQ plus Sicily, Trieste, Naples, Cagliari, Ravenna), Monaco, London, Hamburg (two offices), Athens/Piraeus, Bergen, Istanbul, Marseille, Singapore, Jakarta, Shanghai, and Hong Kong (opened 2025 pending regulatory approval).
Under the ownership and leadership of the Risso and Iguera families (Marco Risso as Chairman, Mauro Iguera as CEO), Cambiaso Risso has pursued growth through a combination of acquisitions (Henschien Insurance Services in 2015, Leonhardt & Blumberg in 2023), strategic partnerships (SIACI Saint Honoré in 2019, FENDER S.A. in 2020), joint ventures (Marittima Ravennate 2024, Cambiaso Risso Shardana 2024), and organic office expansion (London 2024, Jakarta 2024, Athens 2025, Hong Kong 2025). The group ranks as the 3rd largest marine insurance broker globally with 450 employees and up to 13,000 vessels insured across 50 countries.
Cambiaso Risso firmographics
Firmographics- Name
- Cambiaso Risso
- Legal name
- Cambiaso Risso Marine S.p.A.
- Website
- https://cambiasorisso.com
- Company type
- Private
- Founded year
- 1946
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cambiaso Risso is a family-controlled Italian maritime services group (founded 1946, Genoa) offering marine insurance brokerage, shipping agency, and shipbroking services to shipowners, yacht owners, and cruise operators across 50+ countries, ranking as the world's 3rd largest marine insurance broker.
- Ownership category
- akta.pro rank
Cambiaso Risso industry classification
Industry- Product category
- Marine Insurance Brokerage
- NAICS
- Support Activities for Water Transportation (4883)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Ocean Marine Insurance (Hull, Cargo & Freight) (FSAJAHAA)
- akta.pro secondary industries
- Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ), Inland Marine Insurance (Transit, Equipment & Installation) (FSAJAHAB)
Keywords
Where Cambiaso Risso is headquartered
LocationHeadquarters
- HQ city
- Genoa
- HQ country
- Italy
- HQ region
- Europe
Offices22 records
Markets served
Cambiaso Risso business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Insurance Broking Commission: Commission-based revenue from placing marine insurance policies including hull & machinery, P&I, cargo, yacht insurance, shipyards cover, and special risks. Earns percentage-based commissions on premium volumes managed.
- Shipbroking Fees: Fees from sale & purchase, dry cargo chartering, and newbuilding brokerage services through Genoa Sea Brokers division.
- Shipping Agency Services: Fees for shipping agency, yacht agency, cruise agency, forwarding and logistics services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Cambiaso Risso product offering
Product offeringCore offering
Cambiaso Risso is a privately held, family-run marine insurance broker and shipping agency group. It places marine insurance (hull & machinery, P&I, cargo, yacht, shipyards, non-marine and special risks) for shipowners, operators, and yacht clients, and operates a global shipping agency and shipbroking (sale & purchase, dry cargo, newbuildings) through its Genoa Sea Brokers division.
Differentiator
Problem solved
Functional benefit
Products and services
- Hull Insurance
Quantifiable outcome
- Manages premium volume exceeding USD 1 billion
- +2 more outcomes
Companies that use Cambiaso Risso
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Cambiaso Risso technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cambiaso Risso partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major and minor.
- Leonhardt & Blumberg VersicherungsmaklermajorCambiaso Risso became major shareholder of Hamburg-based marine insurance broker Leonhardt & Blumberg in 2023. Company has heritage of over 120 years. Partnership strengthens long-standing presence and capabilities in global marine insurance market.
- FENDER S.A.majorStrategic partnership with Greek boutique marine insurance broker FENDER S.A. FENDER joins Cambiaso Risso group present in 40+ countries, ranked 3rd largest globally and 2nd largest in European marine insurance market. FENDER becomes center of excellence for P&I insurance. Combined entity heads 10,000 vessels insured from 20 countries with 300 staff and USD 310 million total premium.
- SIACI Saint HonorémajorStrategic partnership announced February 2019 to create world's top three marine insurance broker. Cambiaso Risso brought hull & machinery leadership while SIACI Saint Honoré contributed cargo and P&I expertise. Combined entity managed over €550 million in premium with 285 employees in insurance brokerage. Cambiaso Risso brand continuity and operational autonomy confirmed. Partnership subject to competition authority approvals in multiple jurisdictions.
- Orion Insurance & Reinsurance Brokers DMCCminorStrategic partnership with Dubai-based insurance broker. Office located at Armada Tower 2, Cluster P, JLT, Dubai.
- Vita International (Insurance Brokers) Ltd LLCminorStrategic partnership with Dubai-based insurance broker. Office located at Al Habtoor Business Tower, Dubai Marina, Dubai.
- SODIMAXminorAlliance in forwarding sector through newco SODIMAX SRL, consolidating synergies between forwarding companies.
- MAG JLTminorJoint venture CR International built with MAG JLT for Lloyd's market presence; Cambiaso Risso has taken 100% of shareholding.
Scale indicators6 records
Recent moves10 records
Cambiaso Risso competitors and assessment
Company assessmentBroad incumbents
- Aon (Marine Practice): Global professional services firm with significant marine and aviation insurance capabilities. Competes in marine insurance brokerage as part of a diversified commercial insurance and reinsurance portfolio serving the world's largest fleets.
- Marsh (Marine Practice): Global insurance broker and risk advisor with a substantial marine practice (strengthened via JLT and Integro acquisitions). Competes in marine placements as part of a much broader risk and insurance portfolio, often winning on bundled corporate accounts.
- Willis Towers Watson (WTW): Global advisory and broking company with a long-standing marine practice. Offers marine insurance alongside broader commercial, reinsurance, and advisory services, competing for global fleet accounts.
- Arthur J. Gallagher & Co. US-rooted global insurance brokerage with an established marine practice. Offers marine and yacht coverage alongside property-casualty and employee benefits lines, often competing for mid-to-large marine accounts.
Direct peers
- Howden Broking Group: Large specialty insurance broker with one of the world's leading marine practices. Directly comparable as a marine-focused insurance broker of similar scale competing for the same hull, P&I, cargo, and yacht placements across global shipping hubs.
- Castlerock Brokers: Independent specialty insurance and reinsurance broker focused on marine, offshore, and energy risks. Comparable as a marine-specialist offering hull, P&I, cargo, and offshore placements to similar shipping clients.
- SIACI Saint Honoré: French insurance broker and strategic partner of Cambiaso Risso since 2019. Combined they form the world's top-three marine insurance broker. Highly comparable in marine product mix and customer segments; partnership rather than head-to-head competitor.
- McGill and Partners: Specialist insurance and reinsurance broker focused on marine, energy, and other complex risks. Highly comparable as a marine-focused specialty broker competing for similar large and complex marine insurance placements.
- Edge Brokers International: Independent wholesale insurance broker specializing in marine and energy business. Comparable as a marine-focused specialist with similar product mix (hull, P&I, cargo, specie) and client base of shipowners and operators.
Emerging players
- Miller Insurance Services: Independent specialty insurance broker with established marine capabilities. Comparable as a specialty broker with strong marine practice serving similar shipping and yacht clients, though smaller in scale.
Market position
Strengths4 records
Weaknesses5 records
Key risks6 records
Key highlights7 records
Customer concentration
Cambiaso Risso social profiles
Digital presenceCambiaso Risso compliance and trust
Trust signalCompliance3 records
Cambiaso Risso financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cambiaso Risso leadership team
Management profileNumber of profiles
Profiles11 records
Cambiaso Risso subsidiaries and ownership
Company hierarchySubsidiaries15 records
Cambiaso Risso funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cambiaso Risso M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cambiaso Risso
What does Cambiaso Risso do?
Cambiaso Risso is a privately held, family-run marine insurance broker and shipping agency group. It places marine insurance (hull & machinery, P&I, cargo, yacht, shipyards, non-marine and special risks) for shipowners, operators, and yacht clients, and operates a global shipping agency and shipbroking (sale & purchase, dry cargo, newbuildings) through its Genoa Sea Brokers division.
Is Cambiaso Risso a public or private company?
Cambiaso Risso is a private company. It is classified as family owned and is currently operating.
When was Cambiaso Risso founded?
Cambiaso Risso was founded in 1946. It employs 101 to 250 people.
Where is Cambiaso Risso based?
Cambiaso Risso is headquartered in Genoa, Italy, in the Europe region.
How does Cambiaso Risso make money?
Three revenue lines are on record. Insurance Broking Commission is the primary driver. The others are shipbroking Fees and shipping Agency Services.
Who are Cambiaso Risso's main competitors?
Broad incumbents on record are Aon (Marine Practice), Marsh (Marine Practice), Willis Towers Watson (WTW) and Arthur J. Gallagher & Co.. Direct peers are Howden Broking Group, Castlerock Brokers, SIACI Saint Honoré, McGill and Partners and Edge Brokers International. Miller Insurance Services is listed as an emerging player.
Does Cambiaso Risso have an API?
No public API is recorded for Cambiaso Risso.
What industry is Cambiaso Risso in?
Cambiaso Risso's product category is Marine Insurance Brokerage. Its primary akta.pro industry code is FSAJAHAA, Ocean Marine Insurance (Hull, Cargo & Freight), with a secondary code of FSAJAGAJ, Marine Specialty (Hull/P&I/Cargo). Its NAICS code is 4883 and its SIC code is 6331.