Bt International Services
Bt International Services is a Seoul-based insurance brokerage founded in 2006, offering reinsurance, corporate, and M&A (W&I) insurance solutions to Korean insurers, enterprises, and M&A deal parties via direct B2B sales and global reinsurer partnerships.
- Company typePrivate
- Founded2006
- HeadquartersSeoul, South Korea
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Bt International Services does
Bt International Services (주식회사 비티보험중개) is a privately-held insurance brokerage firm headquartered in Seoul, South Korea, founded in December 2006 and originally incorporated as BT Property & Casualty Insurance Broker. In March 2026 the firm rebranded to BT Insurance Broker Inc. to signal a broader brokerage scope beyond P&C. The firm operates three practice lines: Reinsurance (treaty and facultative placements for primary insurers), Corporate Insurance (package, liability, D&O, professional indemnity, engineering, machinery, fire, cyber, business interruption, and specialty coverage for businesses), and M&A Insurance (Warranty & Indemnity, tax indemnity, and contingent litigation policies). Its most differentiated offering is K-W&I, a Korean-language W&I insurance product with a Korean law review process designed to bridge global English-language W&I policies and Korean commercial practice. The firm is led by CEO Lee Dae-woo (이대우) and maintains a relationship- and expertise-driven platform with no disclosed technology infrastructure beyond a corporate website.
The firm generates revenue through brokerage commissions and advisory fees on insurance placements, executing go-to-market via direct enterprise sales to corporate clients, mid-market field sales targeting M&A transactions, and event-driven educational outreach (KOMACA seminars, university MBA partnerships). Customer segments include Insurance Companies (cedent clients seeking reinsurance), Corporate Enterprises requiring comprehensive coverage, M&A Transaction Parties (buyers and sellers in Korean mid-cap deals), and Small Business Owners; segmentation is horizontal. The firm maintains an active partnership ecosystem spanning global reinsurers (Liberty Mutual, China Re, Ace Insurance Brokers), domestic insurers (DB Insurance, LOTTE Insurance), the KOMACA M&A consulting association (5,400+ professionals), the Lockton Consortium (for major infrastructure projects), and specialized industry partners (ROKIT Healthcare for veterinary, Modern Pilates for fitness/wellness). Pricing is quote-based and tailored to each engagement; no public pricing exists. No external funding rounds, institutional investors, or M&A transactions involving BT are disclosed, and the company operates as a bootstrapped, founder-led domestic Korean insurance intermediary with international reinsurance reach.
Bt International Services firmographics
Firmographics- Name
- Bt International Services
- Legal name
- BT INTERNATIONAL SERVICES
- Website
- https://btisko.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bt International Services is a Seoul-based insurance brokerage founded in 2006, offering reinsurance, corporate, and M&A (W&I) insurance solutions to Korean insurers, enterprises, and M&A deal parties via direct B2B sales and global reinsurer partnerships.
- Ownership category
- akta.pro rank
Bt International Services industry classification
Industry- Product category
- Insurance Brokerage Services
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
- akta.pro secondary industry
- Treaty Reinsurance Brokerage (FSAOAHAA)
Keywords
Where Bt International Services is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices1 record
Markets served
Bt International Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Brokerage and Agency Fees: The company operates as a licensed insurance broker earning commissions and fees from placing insurance policies for corporate clients. Revenue is generated through brokerage fees on reinsurance placements, corporate insurance policies, and M&A insurance products.
- Risk Management Consulting: Management consulting services related to insurance placement and risk assessment, providing advisory services to help clients identify and manage risks.
Go-to-market motion3 records
Distribution channels2 records
Marketing channels3 records
Bt International Services product offering
Product offeringCore offering
Bt International Services operates as a licensed insurance brokerage firm in Seoul, South Korea, placing insurance policies and reinsurance treaties for corporate clients across three service lines: Reinsurance (treaty and facultative placements for primary insurers), Corporate Insurance (package, liability, D&O, engineering, machinery, and specialty coverage for businesses), and M&A Insurance (Warranty & Indemnity, Tax Indemnity, and Contingent Litigation policies for deal parties). Revenue is earned through brokerage commissions and consulting fees on bespoke, risk-tailored insurance placements.
Product overview
Bt International Services operates as a specialized insurance and reinsurance brokerage offering three core service lines: Reinsurance (treaty and facultative), Corporate Insurance (package, liability, engineering, and machinery coverage), and M&A Insurance (W&I, tax indemnity, and contingent litigation). The company provides bespoke risk management solutions for businesses seeking financial security, with particular expertise in K-W&I insurance products for the Korean market. The product portfolio includes specialized offerings such as Product Liability Insurance for exporters, Business Interruption Insurance, D&O Liability Insurance, Cyber Insurance, and event/contingency coverage. Bt positions itself as a bridge between global insurance standards and Korean market requirements, developing proprietary Korean-language insurance products and serving as a risk management partner throughout the entire M&A transaction lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Reinsurance Services Treaty and facultative reinsurance services including risk assessment, placement, and claims management for insurance companies seeking to transfer risk exposure.
- Package Insurance Comprehensive coverage combining property all risks, machinery breakdown, business interruption, and general liability in a single policy for Korean businesses.
- Liability Insurance (Commercial General Liability) Commercial General Liability coverage protecting businesses against third-party claims for bodily injury and property damage.
- D&O Insurance (Directors and Officers Liability) Coverage for directors and officers against legal fees and costs from wrongful actions resulting in personal liability claims, including shareholder, investor, or employee lawsuits.
- Professional Indemnity Insurance (PI) Commercial policy protecting professionals and freelancers from claims of inadequate service or non-performance causing client loss.
- Contractor's All Risks / Erection All Risks (CAR/EAR) Engineering Insurance Engineering insurance covering contractors and subcontractors for property damage and third-party injury claims in construction projects.
- Machinery Insurance Coverage for sudden and unexpected loss of machinery and equipment due to human, accidental, or physical causes during factory operations.
- Warranty & Indemnity Insurance (W&I / K-W&I) M&A insurance covering buyers against losses from breaches of seller's representations and warranties, enabling clean exits for sellers. The K-W&I variant uses Korean-language policies and Korean law review processes.
- Tax Indemnity Insurance Coverage for insured's tax liability discrepancies when tax authority interpretation differs from the insured's position.
- Contingent Litigation Insurance
Quantifiable outcome
- K-W&I (Korean W&I) market standard establishment through Korean-language policies
- +1 more outcomes
Companies that use Bt International Services
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
Bt International Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Bt International Services partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered minor and core.
- Korea Forest Academy FoundationminorMOU signed for providing smooth corporate insurance services to graduates and current students of the foundation. BT will offer dedicated risk management rate discounts, 1:1 customized property insurance solutions, and risk diagnosis consulting for existing insurance policies.
- Sangmyung University Graduate School of BusinessminorMOU for fitness MBA student-enterprise exchange program. Partnership with 8 other companies including Unique Good Community Research Institute, Fitness101, Broteitness, SpaceLive, FitCluster, Refresh Club, Mademarkade, and H-Core Fitness for expert development, joint research, and scholarship support.
- China RecoreStrategic business cooperation discussion with Asia's largest and leading global reinsurer. Meeting focused on combining China Re's underwriting capacity with BT's deal-making capabilities to provide stable and competitive reinsurance solutions to domestic and international corporate clients.
- Ace Insurance Brokers Pvt. Ltd.corePartnership with global insurance broker for sharing market insights and providing broader, more specialized insurance solutions. Both parties agreed to build close partnership combining business strengths for reinsurance and corporate insurance synergy.
- Korea M&A Consulting Association (KOMACA)coreMOU for M&A insurance activation signed with Korea M&A Consulting Association. Collaboration includes W&I insurance education for M&A experts, information sharing, customized insurance solutions for deal risk hedging, and joint campaigns for healthy M&A market development.
- Modern PilatesminorMOU for mutual cooperation in risk management and insurance solutions for the fitness and wellness industry. Joint development of customized insurance programs for fitness facilities, including instructor and facility liability coverage.
- LOTTE InsurancecoreBusiness alliance for veterinarian liability insurance products. Partnership with ROKIT Healthcare as well for developing specialized liability insurance for the veterinary industry.
- ROKIT HealthcarecoreBusiness alliance with LOTTE Insurance and ROKIT Healthcare for veterinarian liability insurance products, combining insurance expertise with healthcare industry knowledge.
- Lockton ConsortiumcoreSelected as insurance consultant for Sin An Wui offshore wind project within Lockton Consortium. Represents consulting role for major renewable energy infrastructure project.
- Liberty Mutual (Liberty Global Transaction Solutions)coreStrategic partnership formed in July 2018 for M&A Practice launch. Collaboration with Liberty Mutual's Global Transaction Solutions division and DB Insurance for transaction insurance solutions.
- AR Consultant & Asia InsurancecoreStrategic partnership established in January 2007 for reinsurance business development. Early partnership supporting the reinsurance practice launch.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Bt International Services competitors and assessment
Company assessmentDirect peers
- Lockton: Independent global insurance broker with Korean operations. BT was selected as insurance consultant within the Lockton Consortium for the Sin An Wui offshore wind project, demonstrating direct peer overlap in specialty risk brokerage for large/complex Korean deals.
- Howden: Independent specialty insurance broker with growing Asian footprint. Competes with BT in specialty and reinsurance brokerage in Asia, with similar focus on entrepreneurial, mid-market commercial and specialty risks.
- Ace Insurance Brokers: Indian-headquartered global insurance broker and BT's strategic partner (2026). Comparable specialty broker sharing reinsurance and corporate insurance capabilities across Asian markets.
Broad incumbents
- Liberty Global Transaction Solutions: Liberty Mutual's W&I insurance division—BT's strategic partner since 2018. Operates as both a partner and a competitor in the Korean M&A W&I market, where Liberty underwrites risk that BT brokers.
- Aon Korea: Korean operations of global insurance and reinsurance broker Aon. Provides commercial risk, reinsurance, and M&A transaction solutions directly comparable to BT's full-service brokerage model in Korea.
- Chubb M&A Insurance: W&I and specialty insurance underwriter with Korean operations. Competes directly in the W&I and contingent liability insurance placements that BT brokers for Korean M&A and corporate clients.
- AIG M&A Insurance: W&I insurance underwriter and global insurance carrier with Korean presence. Competes with BT-brokered W&I placements by underwriting directly, and represents the broader carrier side of the same W&I market BT addresses.
- Marsh Korea: Korean arm of global insurance broker Marsh McLennan, offering commercial insurance, reinsurance, and M&A advisory brokerage services. A broad incumbent competing against BT across all three of BT's service lines (reinsurance, corporate, M&A) in the Korean market.
- Willis Towers Watson Korea: Korean presence of global advisory broker WTW, offering insurance brokerage, reinsurance, and risk advisory services. A direct peer in the Korean corporate and reinsurance brokerage market where BT operates.
Regional players
- DB Insurance: Major Korean insurance carrier partnering with BT (since 2018) for M&A W&I solutions. While primarily a carrier rather than broker, DB represents a domestic Korean insurance leader whose M&A-related brokerage activities overlap with BT's practice.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Bt International Services social profiles
Digital presenceBt International Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bt International Services leadership team
Management profileNumber of profiles
Profiles1 record
Bt International Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bt International Services 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 Bt International Services
What does Bt International Services do?
Bt International Services operates as a licensed insurance brokerage firm in Seoul, South Korea, placing insurance policies and reinsurance treaties for corporate clients across three service lines: Reinsurance (treaty and facultative placements for primary insurers), Corporate Insurance (package, liability, D&O, engineering, machinery, and specialty coverage for businesses), and M&A Insurance (Warranty & Indemnity, Tax Indemnity, and Contingent Litigation policies for deal parties). Revenue is earned through brokerage commissions and consulting fees on bespoke, risk-tailored insurance placements.
Is Bt International Services a public or private company?
Bt International Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Bt International Services founded?
Bt International Services was founded in 2006. It employs 11 to 50 people.
Where is Bt International Services based?
Bt International Services is headquartered in Seoul, South Korea, in the Asia region.
How does Bt International Services make money?
Two revenue lines are on record. Insurance Brokerage and Agency Fees are the primary driver. The others are risk Management Consulting.
Who are Bt International Services's main competitors?
Direct peers on record are Lockton, Howden and Ace Insurance Brokers. Broad incumbents are Liberty Global Transaction Solutions, Aon Korea, Chubb M&A Insurance, AIG M&A Insurance, Marsh Korea and Willis Towers Watson Korea. DB Insurance is listed as a regional player.
Does Bt International Services have an API?
No public API is recorded for Bt International Services.
What industry is Bt International Services in?
Bt International Services's product category is Insurance Brokerage Services. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines), with a secondary code of FSAOAHAA, Treaty Reinsurance Brokerage. Its NAICS code is 524210 and its SIC code is 6411.