ITEG

What ITEG does

ITEG is an independent (re)insurance brokerage that places non-life Delegated Underwriting Authority (DUA) agreements and reinsurance contracts on behalf of clients in the United Kingdom and the European Union. The firm serves two primary customer segments: Managing General Agents (MGAs), which it supports in building, placing and growing DUA agreements by navigating complex market conditions and regulatory hurdles, and insurance carriers, for which it structures reinsurance programmes to optimise capital, protect balance sheets and manage portfolios. Operating from a Copenhagen headquarters (ITEG A/S) and a London office inside the Lloyd's Building (ITEG Ltd), ITEG earns commissions on transaction placements and positions itself as a specialist, independent alternative to larger, integrated brokers.

The company's service offering is organised around three pillars: DUA placement, reinsurance advisory, and data analytics. The data analytics pillar is described as the use of "advanced data analytics tools" to enhance decision-making and to optimise placements for "better terms and stronger capacity." ITEG's go-to-market is sales-led and relationship-driven, relying on direct engagement, professional networks and a website contact form rather than digital marketing or channel partnerships. Customer acquisition targets both the demand side (MGAs seeking capacity) and the supply side (insurers offering capacity or sourcing reinsurance), with explicit dual messaging on the firm's website.

The firm is founder/partner-owned, with no disclosed institutional investors, no funding rounds on record, and no M&A or partnership activity in the source data. Headcount is stated as 1-10. Governance comprises a CEO (Christoffer Olsen), a Partner (Jesper Egebjerg), a Chairman of the Board (Tom Stephenson) and additional board and team members. No app, public API, software product platform or external integrations are disclosed; the business operates as a services firm rather than a product company.

Name

ITEG

Legal name

ITEG Ltd

Website

https://iteg.dk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

ITEG is an independent (re)insurance broker placing non-life Delegated Underwriting Authority agreements and reinsurance contracts for MGAs and insurance carriers across the UK and EU, with offices in London (Lloyd's Building) and Copenhagen and a stated focus on data-driven placement.

Ownership category

akta.pro rank

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Brokerage Commissions: ITEG operates as an independent (re)insurance broker earning commissions from placing Delegated Underwriting Authority agreements and reinsurance contracts for MGAs and insurers in the UK and EU markets

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ITEG is an independent (re)insurance brokerage that places non-life Delegated Underwriting Authority (DUA) agreements for Managing General Agents (MGAs) and structures reinsurance contracts for carriers in the UK and EU markets. The firm combines broking expertise with advanced data analytics to negotiate favourable terms, secure capacity, and optimise placements across the policy lifecycle. It operates from offices in London (Lloyd's Building) and Copenhagen (Frederiksgade 17).

Product overview

ITEG is an independent (re)insurance brokerage offering three interconnected service lines: Delegated Underwriting Authority (DUA) solutions for MGAs, reinsurance advisory for carriers, and data analytics to optimise placements. The company operates as a services firm rather than a software product platform, delivering these services through consultancy and advisory relationships with clients in the UK and EU insurance markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Delegated Underwriting Authority (DUA) Brokerage

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Aon: Aon is a global professional services firm with a large reinsurance brokerage division (formerly Aon Benfield) that places DUA and reinsurance for insurers and MGAs worldwide. It is a broad incumbent in the same overall market as ITEG, with vastly greater scale but less specialization in the MGA-focused DUA niche.
• Lockton: Lockton is the world's largest independent insurance broker, with significant London and European operations across specialty and reinsurance. It competes with ITEG for MGA and carrier mandates while offering a much broader product portfolio.
• Guy Carpenter: Guy Carpenter is the dedicated reinsurance and capital advisory arm of Marsh McLennan, serving carriers and MGAs globally. As a top-tier reinsurance broker, it directly competes with ITEG for carrier and MGA mandates, albeit at very different scale and breadth.
• Howden: Howden is a London-headquartered insurance group with significant specialty and reinsurance broking capabilities (including acquired Ed Broking). It competes with ITEG for MGA and reinsurance placements, particularly in the London and European specialty markets.
• Miller Insurance Services: Miller is a specialist London-based insurance and reinsurance broker with strong Lloyd's presence serving insurers and MGAs. It is a relevant comparable as an independent specialist broker competing for similar DUA and reinsurance mandates.

Direct peers

• McGill and Partners: McGill and Partners is an independent specialty insurance and reinsurance broker focused on complex and high-exposure risks. Like ITEG, it is independent, London-based, and targets specialty/reinsurance placements with a data-driven service proposition.
• BMS Group: BMS is an independent, employee-owned Lloyd's broker offering reinsurance, specialty, and direct insurance placements. It is a close direct peer to ITEG given its independent broking model, London market presence, and focus on specialty and reinsurance solutions.
• RFIB Group: RFIB is a London-based reinsurance and retrocession broker serving insurers and MGAs across multiple lines. It is a comparable peer given its focus on reinsurance intermediation and London market orientation similar to ITEG.
• BPL Global: BPL Global is a London-focused specialty insurance and reinsurance broker serving MGAs, insurers, and reinsurers. It is a direct peer to ITEG in the independent, specialty-led London market segment.
• Rokstone: Rokstone is a London-based specialty MGA and reinsurance platform supporting MGAs and capacity providers. It overlaps with ITEG's DUA and MGA capacity value proposition and is a relevant comparison point for carrier-facing MGA management services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/iteg-dk

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 ITEG