JPO Consulting

What JPO Consulting does

JPO Consulting Ltd is a London-based boutique management consulting firm founded in 2010 by Patrick Oldoni, operating exclusively within the General and Speciality (Re)Insurance sectors, with particular focus on the Lloyd's of London market. The firm delivers three core service lines: Corporate Transactions (buy-side and sell-side M&A advisory, divestitures, and refinancing), Corporate Development (growth strategy, joint ventures, and partnerships), and Strategic Change Management (organisational restructuring and Target Operating Model design). Engagements are executed on a hands-on basis, with the founder functioning as an integral part of client executive teams from planning through integration and regulatory approval, rather than producing strategy-only deliverables.

Deal leadership is the firm's central capability, evidenced by completed mandates including a £185m acquisition of Co-op Insurance by Markerstudy Group, a £120m divestiture of three Gibraltar-based carriers, a $60m Lloyd's Motor Insurance Portfolio divestiture for Chaucer Syndicates, a $10m Africa Specialty Risk joint venture with AXA Group, and the 2021 formation of ARTes Specialty Limited as a new Lloyd's Coverholder with $20m of underwriting capacity from Chaucer and Beazley. The firm secures multi-regulator approvals (FCA, PRA, Lloyd's, and international regulators) and structures novel deal formats such as partial reinsurance-to-close methods and Special Purpose Syndicates.

JPO generates revenue through project-based professional services fees and retainer arrangements on high-value enterprise mandates, sold directly to C-suite executives (CEOs, CFOs, Chief Underwriting Officers) at Lloyd's Managing Agents and General Insurance Carriers. The go-to-market is exclusively relationship-driven via the founder's network, with no formal sales infrastructure or external marketing channels. The firm is privately held and founder-owned, with no institutional investors, parent company, or disclosed external shareholders, and operates with a sub-10-person headcount from a single London office.

Name

JPO Consulting

Legal name

JPO Consulting Ltd

Website

https://jpoconsulting.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

JPO Consulting is a London-based boutique advisory firm founded in 2010 by Patrick Oldoni, providing M&A advisory, corporate development, and strategic change management services exclusively to Lloyd's Managing Agents and General Insurance Carriers, delivered hands-on by the founder.

Ownership category

akta.pro rank

Product category

Insurance and Reinsurance Management Consulting

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

akta.pro secondary industries

Strategy & Corporate Development Consulting (BPAHACAA), M&A Advisory (Buy-side/Sell-side) (BPAHADAC), Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

Keywords

• Insurance consulting services
• Reinsurance advisory
• M&A advisory
• Strategic change management
• Corporate development consulting

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Strategic Advisory Consulting: JPO Consulting generates revenue through professional services engagements including M&A advisory, deal leadership, strategic change management, and corporate development consulting. Fees are typically structured as project-based engagements or retainer arrangements for ongoing advisory relationships.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

JPO Consulting is a boutique financial services consultancy that delivers advisory and execution support across three service lines: Corporate Transactions (M&A advisory, divestitures, refinancing in the (re)insurance sector), Corporate Development (growth strategy, joint ventures, partnerships, and capability development), and Strategic Change Management (organizational restructuring, Target Operating Model design, large-scale process changes, stakeholder management, and regulatory approval navigation). The firm functions as an embedded deal lead or programme manager, taking ownership as an integral part of the client's Executive Team from planning through to delivery and integration.

Product overview

JPO Consulting is a financial services consultancy offering three core advisory service lines: Corporate Transactions (M&A advisory and deal execution), Corporate Development (growth strategy and partnerships), and Strategic Change Management (restructuring and transformation). All services are delivered by founder Patrick Oldoni with a hands-on, executive-level approach, functioning as an integral part of clients' teams. The firm specializes in the insurance and reinsurance sectors, with deep expertise in Lloyd's Market, and focuses exclusively on execution rather than pure strategy.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Transactions Advisory service providing advice and insight throughout the entire transaction process for (re)insurance clients, from formulation of strategy through to negotiation and execution. Covers sell-side and buy-side M&A, divestitures, and refinancing, including deal structuring, stakeholder negotiations, regulatory navigation, and transactional execution support.
• Corporate Development Strategic consultancy service providing a holistic, proactive approach to strategy for (re)insurance and financial services clients, including analytical valuation of business opportunities, development of growth objectives, and framework design for sustainable growth trajectories. Covers joint ventures, partnerships, and capability development.
• Strategic Change Management Advisory service providing fresh perspectives on organizational transformation and restructuring for (re)insurance clients, advising across the entire transformation and restructuring process to maximise potential and mitigate risk. Includes Target Operating Model design, large-scale process changes, stakeholder management, and regulatory approval navigation.
• Deal Lead / Programme Management Hands-on execution leadership service for multi-million-pound deals and large-scale strategic projects in the (re)insurance sector, with Patrick Oldoni functioning as an integral part of the client's Executive Team from planning through to delivery and integration. Coordinates deal and programme governance workstreams.

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and supporting.

• ASTA (Asta Underwriting Management Limited)coreTechnology or Integration · 1 January 2021JPO Consulting worked with ASTA to coordinate and manage all key actions for the formation of ARTes Specialty Limited as a new Lloyd's Coverholder. ASTA provides Insurance Services Agreement with long-term, flexible and scalable terms, and manages the Coverholder registration process. ASTA is the leading third-party managing agent at Lloyd's with capacity under management exceeding £1.4bn.
• SabreFish LimitedsupportingTechnology or Integration · 1 January 2021JPO Consulting coordinated the deployment of a bespoke underwriting system through SabreFish Limited as part of the ARTes Specialty Limited formation. SabreFish provides multi-channel insurance software via their RiskWrite platform, enabling the new MGA's insurance operations.
• Chaucer GroupcoreStrategic or Co-development Partner · 1 January 2021Chaucer Group partnered with ARTes Specialty Limited to provide $20m of long-term underwriting capacity through a fully delegated Binding Authority Agreement. Chaucer also supported the new Coverholder as a key strategic capacity provider alongside Beazley Group. Prior case studies show Chaucer engaged JPO for multiple transactions including divestitures and joint ventures.
• Beazley GroupcoreStrategic or Co-development Partner · 1 January 2021Beazley Group partnered with ARTes Specialty Limited to provide $20m of long-term underwriting capacity through a fully delegated Binding Authority Agreement alongside Chaucer Group, supporting the new Lloyd's Coverholder's international speciality insurance and reinsurance business.
• AXA GroupcoreStrategic or Co-development Partner · 1 January 2016JPO Consulting was appointed as Consultant Deal Lead for the formation of a 10-year strategic partnership between Chaucer Syndicates Limited and AXA to expand speciality portfolio in Africa. The partnership leveraged AXA's existing footprint and distribution network in Africa while providing Lloyd's speciality insurance underwriting expertise through a Special Purpose Syndicate.
• Co-op Group LimitedsupportingStrategic or Co-development PartnerJPO Consulting negotiated the 13-year Distribution Agreement and Branding Licence with Co-op Group Limited as part of Markerstudy's £185m acquisition of CIS General Insurance Ltd. This agreement provided Markerstudy access to Co-op's 4.6 million active members for home and motor insurance distribution.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Oliver Wyman: Global management consulting firm with one of the largest dedicated insurance practices serving Lloyd's and global carriers on strategy, M&A, and operational restructuring. A scaled incumbent offering overlapping services to the same Lloyd's client base.
• Alvarez & Marsal: Global professional services firm with a strong insurance advisory and restructuring practice, providing M&A and turnaround support to carriers. Comparable on the restructuring/change management service line JPO offers.
• Bain & Company (Financial Services Practice): Global strategy consultancy advising insurers and reinsurers on corporate strategy, M&A, and operational transformation. Comparable at the strategy and corporate development end of JPO's service mix.
• EY-Parthenon (Insurance Practice): Strategy and transactions arm of EY with significant insurance sector M&A and corporate development advisory, including Lloyd's clients. Overlaps with JPO's corporate transactions and corporate development offerings.
• Boston Consulting Group (Insurance Practice): Global strategy consultancy with a substantial insurance and risk practice advising carriers on corporate development, transactions, and transformation. Comparable as a senior advisory option for the same insurance CXO buyer.
• Deloitte (Insurance & Reinsurance Practice): Big Four advisory with a large insurance industry practice serving Lloyd's and global carriers on M&A, restructuring, and risk. Relevant incumbent comparator, and notably the founder's former employer.

Direct peers

• Keefe, Bruyette & Woods (KBW): Specialist investment bank focused on financial services M&A and capital markets advisory, including insurance. Comparable to JPO on M&A execution for insurance carriers, though operating at larger scale with broader US/UK coverage.
• Fenchurch Advisory Partners: London-based boutique advisory firm specializing in insurance and financial services M&A, capital raising, and strategic advisory. Closely mirrors JPO's positioning as a Lloyd's-focused boutique M&A and corporate finance advisor.
• Oxbow Partners: UK-based boutique insurance strategy and management consulting firm serving Lloyd's and global (re)insurers. Highly comparable as a specialist advisory firm focused on the same Lloyd's and specialty insurance client base as JPO Consulting.

Regional players

• Howden Capital Markets: Insurance-focused advisory and capital markets business within the Howden Group, providing M&A and capital advisory to specialty and London Market insurers. Comparable to JPO on Lloyd's-focused M&A advisory, though often paired with Howden's broking platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/jpoconsulting

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 JPO Consulting