The Griffin Insurance Association

Name

The Griffin Insurance Association

Legal name

The Griffin Insurance Association Limited

Website

https://griffin-insurance.co.uk

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

The Griffin Insurance Association is a UK-based mutual insurance company providing professional indemnity coverage to insurance intermediaries and Managing General Agents in London and international markets, operating at cost and managed by Tindall Riley since 1988.

Ownership category

akta.pro rank

Product category

Professional Indemnity Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412)

SIC

Insurance Carriers, Nec (6399)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Professional indemnity insurance
• Mutual insurance association
• Insurance intermediary coverage
• Claims handling services
• Risk management services

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

Revenue model

1. Professional Indemnity Insurance Premiums: As a mutual insurance association operating at cost, Griffin collects premiums from members and any underwriting surplus is either added to reserves or returned to current members from that policy year.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Griffin Insurance Association is a non-profit mutual insurance association providing professional indemnity (PI) insurance exclusively to Lloyd's brokers, other insurance intermediaries, and Managing General Agents (MGAs) operating in London and international markets. Operating at cost, it underwrites PI coverage and delivers integrated services in claims handling, liability advice and risk management, with any underwriting surplus either added to reserves or returned to members of the relevant policy year.

Product overview

The Griffin Insurance Association Ltd is a mutual insurance association providing professional indemnity insurance exclusively for insurance intermediaries and Managing General Agents (MGAs) operating in London and international insurance markets. The organization operates at cost as a non-profit mutual and is managed by Tindall Riley & Co Limited. The core product offering consists of professional indemnity coverage delivered through four integrated service pillars: Claims Handling (defending PI claims globally), Liability Advice (pre-claim guidance), Risk Management (member support and training), and Underwriting (stable, consistent coverage). Supporting these services, Griffin provides members with publications including Annual Reports, Briefings, Solvency Reports, and regulatory Bulletins covering industry developments.

Differentiator

Problem solved

Functional benefit

Products and services

• Professional Indemnity Insurance (Underwriting) Core mutual professional indemnity coverage underwritten for member firms (Lloyd's brokers, other insurance intermediaries and Managing General Agents) operating in London and international insurance markets, underwritten at cost with surplus either reserved or returned to current policy year members.
• Claims Handling Specialist in-house claims team providing global claims defence for professional indemnity claims against insurance professionals, including representation at mediations and trials in the UK, USA, Hong Kong, Singapore, Europe and Australia.
• Liability Advice Pre-claim advisory service for members addressing issues that could result in professional indemnity exposure if not handled properly, covering contract wordings, data protection and foreign business matters.
• Risk Management Risk management support for members including review visits, practical guidance on risk control, training programmes and quarterly technical forums.

Quantifiable outcome

• Stability in cost of professional indemnity cover through market cycles
• +1 more outcomes

Named customers15 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

One partnership is on record.

• Tindall Riley & Co LimitedcoreImplementation/ SI/ Consulting PartnerGriffin has been managed by Tindall Riley since its inception in 1988. Tindall Riley is an independent firm of specialist mutual managers authorized and regulated by the FCA. They perform all functions associated with running the insurance company including claims handling, underwriting, liability advice, risk management, governance, accounting, company secretarial, regulatory and compliance functions. Tindall Riley has no financial interest in the mutual's underwriting results, ensuring fair and equitable treatment of all members.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Aspen Insurance: Specialty insurer and reinsurer with a professional liability portfolio for professionals and financial institutions. Comparable in writing professional indemnity on a specialty basis through London brokers.
• Beazley: London-market specialty insurer with a sizeable professional indemnity book for professionals and financial institutions. Beazley is the most direct commercial analogue to Griffin's PI focus and competes for the same pool of intermediary and professional clients.
• CFC Underwriting: London-based MGA with a strong professional indemnity and professional lines franchise serving brokers and intermediaries. Comparable as a specialist PI provider operating through the London broker market.
• Hiscox: Specialist insurer with a long-standing professional indemnity franchise serving professionals and small-to-mid businesses, including broker-facing products. Comparable to Griffin in targeting professionals seeking tailored PI cover.
• Brit Insurance: Lloyd's-aligned specialty insurer with material professional lines exposure. Comparable to Griffin as a London-market specialty PI writer serving intermediaries.

Broad incumbents

• Liberty Specialty Markets: London-market specialty arm of Liberty Mutual offering professional indemnity and financial lines coverage. Comparable as a London-market specialty PI underwriter serving broker distribution.
• AIG: Global insurer with a substantial professional liability book through its Financial Lines division. Larger, multi-line carrier with overlapping professional indemnity capabilities.
• QBE Insurance: Global insurer with professional indemnity lines among its specialty portfolio. Broader product range but overlapping PI exposure for professionals and intermediaries.
• Travelers: Major US-headquartered insurer with a sizable professional liability and management liability franchise. Broader portfolio but overlapping PI product category.

Emerging players

• Medical Protection Society: UK-based mutual providing professional indemnity for healthcare professionals. Analogous mutual-insurance structure and at-cost operating model serving a specific professional group, though in healthcare rather than insurance intermediation.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-griffin-insurance-association-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 The Griffin Insurance Association