Raw Material Cover

What Raw Material Cover does

Raw Material Cover is a UK specialist insurance brokerage focused exclusively on the waste management, recycling, scrap metal, and waste disposal sectors. The firm is authorised and regulated by the Financial Conduct Authority (FRN 937935) and operates alongside an associated entity, Lothbury UK T/A Raw London Markets (FRN 311701), within a wider corporate structure referred to as 'The Raw Group' (indicated by the @therawgroup.org email domain used across staff contacts). Founded by Matt McCall (CEO & Founder), the firm is headquartered at Office 2, Kingston Court, Cannock, with a primary contact office in Walsall, and operates with a team of approximately nine staff including broking, operations, and finance functions.

The company offers four core insurance products designed for waste and recycling operators: Combined Liability (public, products, and employers' liability packaged together), Commercial Combined (flexible multi-cover), Buildings, Material Damage & Business Interruption, and Plant Cover. These products address sector-specific risks such as hazardous materials liability, specialised plant and equipment exposure, and operational interruption in waste handling facilities. The firm distributes through two channels: direct engagement with end customers (SMBs and individuals) via phone, email, and online quote forms, and a dedicated 'For Brokers' channel enabling third-party brokers to place waste and recycling business with the firm on an agency basis.

Revenue is generated through standard insurance brokerage commissions on placed premiums, with pricing quote-based and tailored to each insured's risk profile and coverage requirements on an annual billing cadence. The technology stack is conventional for the sector, relying on standard industry policy administration systems with no proprietary platform disclosed. There is no evidence of external institutional funding, suggesting the firm is bootstrapped or founder-financed.

Name

Raw Material Cover

Legal name

Raw Material Cover Ltd

Website

https://rawmaterialcover.co.uk

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Raw Material Cover is a UK FCA-authorised specialist insurance broker serving waste management, recycling, and scrap metal businesses with tailored liability, property, and plant cover products, distributed via direct sales and a broker intermediary channel.

Ownership category

akta.pro rank

Headquarters

HQ city

Cannock

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage: Acts as an insurance broker arranging and administering insurance policies for businesses in the waste and recycling sector. Earns commissions from insurers for placing and maintaining coverage. Provides quotations for combined liability, commercial combined, buildings, material damage, business interruption, and plant cover.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Raw Material Cover is a specialist UK insurance broker that arranges and administers commercial insurance policies for businesses operating in the waste management, recycling, and scrap metal sectors. The firm places cover across four core product lines—Combined Liability, Commercial Combined, Buildings/Material Damage/Business Interruption, and Plant Cover—earning commissions from insurers for broking these tailored policies to a niche vertical market.

Product overview

Raw Material Cover is an insurance broker specializing in the waste and recycling sector. The company offers a portfolio of insurance products including Waste & Recycling Combined Liability (public, products, and employers' liability in one package), Waste & Recycling Commercial Combined (flexible multi-cover policy), Buildings, Material Damage & Business Interruption (property protection), and Waste & Recycling Plant Cover (equipment protection). These products are designed specifically for businesses in the recycling, scrap metal, and waste disposal industries, providing coverage for liability, property, and operational risks.

Differentiator

Problem solved

Functional benefit

Products and services

• Waste & Recycling Combined Liability Combined liability insurance package bundling public liability, products liability, and employers' liability into a single policy for businesses operating in the waste and recycling sector. Designed for UK waste management, recycling, and scrap metal operators who need a single, comprehensive liability solution.
• Waste & Recycling Commercial Combined Flexible commercial combined insurance policy for waste and recycling businesses, offering material damage, employers' liability, public liability, and products liability as configurable core covers. Targeted at UK waste sector operators who need multi-line cover packaged into a single broker-arranged policy.
• Buildings, Material Damage & Business Interruption Property and consequential loss insurance protecting business-critical premises, contents, and equipment against sudden or unforeseen events such as fire, storm, or flood, including business interruption cover. Designed for UK waste and recycling businesses whose operations depend on physical sites and equipment.
• Waste & Recycling Plant Cover Plant insurance covering specialised waste and recycling equipment against malicious damage, theft, fire, storm, flood, and water damage. Targeted at UK waste management, recycling, and scrap metal operators whose businesses depend on high-value plant and machinery.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lothbury UK T/A Raw London MarketsminorOthersRegulatory partner relationship. Lothbury UK T/A Raw London Markets (FRN 311701) is also authorised and regulated by the FCA alongside Raw Material Cover Ltd, suggesting a collaborative regulatory structure or shared ownership.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Towergate Insurance: Large UK commercial insurance broker offering liability, property, and combined products to SMEs across multiple verticals including waste and recycling. Comparable product set and broker relationship model, but operates as a broad incumbent rather than a niche specialist.
• WTW (Willis Towers Watson) UK: Global insurance broker with a UK specialty practice covering environmental liability and waste/recycling exposures. Comparable regulatory standing and FCA-regulated broker model, but at significantly larger scale and broader portfolio scope.
• Arthur J. Gallagher & Co. (UK): Global insurance broker with an active UK environmental and waste-management practice. Overlaps heavily with Raw Material Cover on target customers and product lines, but sits inside a much larger diversified brokerage.
• Marsh Ltd (UK): Global insurance broker and risk advisor with a UK practice covering environmental and waste-sector exposures. Same regulatory environment (FCA), same broad product universe, but operates as a tier-1 incumbent rather than a specialist vertical broker.
• Aviva UK (Commercial Lines): Major UK insurer (and broker arm) offering commercial combined, liability, and property products including for waste and recycling operators. Adjacent rather than directly competing — they underwrite the risk Raw Material Cover places — but share target customers and product taxonomy.
• Aon UK: Global insurance and reinsurance broker with UK commercial offerings spanning property, casualty, and specialty lines including environmental exposures. Direct competitor for UK waste-sector commercial accounts but offering vastly broader portfolio services.

Direct peers

• Lockton Companies UK: Independent global insurance broker with a strong UK specialty practice serving commercial and hard-to-place risks. Shares the same mid-market commercial-broker model and emphasis on sector expertise, though operating at meaningfully larger scale.
• BIBBI Insurance Brokers: UK-based independent insurance broker network/brokerage operating in commercial lines with a mid-market and broker-of-broker focus. Comparable channel structure to Raw Material Cover's 'For Brokers' agency model.
• Nexus Insurance Brokers: Independent UK commercial insurance broker serving SME and mid-market clients across regulated and hard-to-place sectors. Comparable mid-market UK broker profile and product-bundling approach.
• Howden Insurance Brokers: UK-headquartered specialty insurance broker focused on commercial and niche lines, with comparable broker-of-brokers distribution and product breadth across liability, property, and casualty. Most directly comparable UK broker by scale and segment approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/rawmaterialcover
• LinkedInlinkedin.com/company/raw-material-cover

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Raw Material Cover