Eleven Network
Eleven Network is a UK insurance broker network acting as FCA-authorised Principal for over 200 Appointed Representatives and Directly Authorised brokers, providing compliance, market access (260+ insurer agencies), Acturis technology, and lifecycle support.
- Company typePrivate
- Founded2004
- HeadquartersManchester, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Eleven Network does
Eleven Network (legally Acrisure Eleven Network Limited) operates a UK national insurance broker network that supports Appointed Representatives (ARs), Directly Authorised (DA) brokers, and start-up brokerages across their full business lifecycle. The company holds FCA authorisation (FRN 314593) and acts as Principal for ARs, providing regulatory infrastructure, compliance oversight, client money handling, and back-office employment so that member brokers can operate without holding their own FCA authorisation. Eleven has helped over 200 ARs establish themselves and manages 260-300+ insurer agencies on behalf of members, including London Market and Lloyd's access built over 20 years of insurer relationships.
The technology stack centres on the Acturis broker software platform, with each member receiving their own branch configuration. Supporting modules include an in-house broking desk, in-house MGAs (AUK MGA and Sutton Specialist Risks within the Acrisure group) for first-line binding authority, an online CPD/training tool, client money and insurer reconciliation services, and premium finance partnerships with Close Premium Finance and Premium Credit. The network operates from offices in Manchester (primary), Aylesbury (southern), and a registered office in London.
Eleven generates revenue through recurring AR membership fees, managed-services fees from DA brokers for outsourced compliance and back-office functions, and enhanced commission arrangements with members. Go-to-market is relationship-driven via dedicated Business Development Managers, supplemented by regional conferences, the corporate website, and a public-facing 'Find a Broker' directory. The company is part of the Acrisure group, with its legal entity registered in England (company number 05225049).
Eleven Network firmographics
Firmographics- Name
- Eleven Network
- Legal name
- Acrisure Eleven Network Limited
- Website
- https://eleven-network.co.uk
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Eleven Network is a UK insurance broker network acting as FCA-authorised Principal for over 200 Appointed Representatives and Directly Authorised brokers, providing compliance, market access (260+ insurer agencies), Acturis technology, and lifecycle support.
- Ownership category
- akta.pro rank
Eleven Network industry classification
Industry- Product category
- Insurance Broker Network Services
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Leads, Introducers & Referral Networks (FSAEAMAB)
Keywords
Where Eleven Network is headquartered
LocationHeadquarters
- HQ city
- Manchester
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Eleven Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Appointed Representative Membership Fees: AR brokers pay membership fees to join the network and receive infrastructure, compliance support, back-office staff, client money handling, and access to the network's insurer relationships. Membership includes Professional Indemnity insurance.
- Directly Authorised Broker Services: DA brokers outsource specific services to Eleven Network for a fee, including compliance support, FCA reporting, client money handling, and access to insurer relationships and agencies.
- Enhanced Commissions: Network pays enhanced commissions to AR members through a fully transparent fee charging and remuneration structure, helping brokers grow the value of their business.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Eleven Network product offering
Product offeringCore offering
Eleven Network is a UK insurance broker network that provides regulatory infrastructure, compliance oversight, market access, and operational support to Appointed Representatives (ARs) and Directly Authorised (DA) brokers. It acts as FCA-authorised Principal for ARs and offers outsourced services (client money handling, compliance, training, premium finance access) to DA brokers. The network provides access to over 260–300 insurer agencies, the Acturis broker software platform, and in-house MGA facilities (AUK MGA, Sutton Specialist Risks).
Product overview
Eleven Network operates as an insurance broker network providing a platform of support services for Appointed Representatives (ARs) and Directly Authorised (DA) brokers throughout their business lifecycle. The core offering comprises AR Network Services and DA Broker Services, supplemented by modular service components including Client Money & Insurer Reconciliation, Risk & Compliance Services, Acturis Broker Software Platform (UK's leading insurance broker software), In-house Broking Desk, Premium Finance Services, Marketing Services, Training & Competency Programme, Agency & TOBA Management (260+ agencies), Succession Planning, Growth Programme, and an In-house MGA (AUK MGA). The network acts as a Principal for ARs under FCA authorization, providing infrastructure, compliance oversight, and access to over 300 insurer agencies.
Differentiator
Problem solved
Functional benefit
Products and services
- Appointed Representative (AR) Network Services Membership and infrastructure product for insurance brokers operating as Appointed Representatives under Eleven Network's FCA authorisation. Includes back-office staff, client money handling, regulatory oversight by the network as Principal, and access to insurer agencies.
- Directly Authorised (DA) Broker Services Outsourced network services product for self-authorised insurance brokers, providing compliance support, access to insurer relationships, client money management, and broker desk assistance while members retain their own FCA authorisation.
- Start-up Broker Support Programme Guided establishment programme for new insurance brokerages, covering business planning, FCA registration, access to 300+ insurer agencies, Acturis system setup, and broker technician assignment. Designed for individuals launching their own brokerage.
Quantifiable outcome
- Member brokers report achieving 35% year-on-year growth over 8 years
Companies that use Eleven Network
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Eleven Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Eleven Network partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and supporting.
- AcrisurecoreEleven Network is co-branded as 'Acrisure Eleven Network Limited' and operates as part of the Acrisure group. The network uses Acrisure's infrastructure and brand, with the parent company providing access to in-house resources including AUK MGA and Sutton Specialist Risks.
- ActuriscoreEleven Network uses Acturis, the UK's leading software system for insurance brokers. Members receive their own branch within the Acturis system with full training and support, enabling access to more e-trade products with greater efficiency and functionality.
- AUK MGAcoreIn-house Managing General Agent (MGA) providing first-line access to binder facilities for Eleven Network members. Part of the Acrisure group, it delivers bespoke and exclusive products through e-trading.
- Sutton Specialist RiskscoreSpecialist risks facility within the Acrisure group providing Eleven Network members with access to difficult-to-place risks and specialist insurance products.
- Close Premium FinancesupportingPreferred premium finance provider for Eleven Network members, offering competitive rates with dedicated account managers, training, and support.
- Premium CreditsupportingAlternative premium finance provider available to Eleven Network members, offering competitive rates with their own account manager.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Eleven Network competitors and assessment
Company assessmentBroad incumbents
- Jensten Group: UK insurance distribution group consolidating broker networks, MGAs, and specialist intermediaries. Competes with Eleven for AR/DAs and broader commercial broker talent.
- Gallagher (UK Retail): Major global insurance broker with UK retail and network operations. Competes with Eleven for AR/DA brokers seeking scale, technology, and carrier access benefits.
- Howden Group: International insurance group with a sizable UK retail and network footprint, targeting larger partner brokers. Competes for ARs and DA brokers seeking enhanced commissions and capacity.
- Ardonagh Group: Large global insurance broker consolidator with significant UK retail and network operations including Advisor Insurance, Bluefin, and earlier Cherry Godfrey networks. Competes for the same UK broker talent and AR migrations.
- PIB Group: Specialist insurance and financial services consolidator with a network of brokers and delegated authority businesses across the UK. Similar AR/DA support infrastructure but operates at much greater scale across multiple segments.
- Marsh (UK Retail): Global insurance broker with UK retail operations that compete with networks like Eleven for AR talent, particularly in commercial lines, while benefiting from global capacity and capital advantages.
Direct peers
- Clear Group: UK insurance broker network consolidator providing AR/DA infrastructure and compliance services to independent brokers. Competes directly for the same member segments as Eleven.
- Berkeley Insurance Group: UK broker network offering AR and DA services with compliance support, client money handling, and London Market access. Comparable scale and member proposition to Eleven Network.
- Direct Group: UK insurance broker network providing AR support, compliance, and market access services to independent brokers. Direct functional analogue to Eleven's network offering.
- Bravo Insurance Network: UK insurance broker network offering AR and DA support services with access to insurer panels, compliance oversight, and training. Closest pure-play comparable to Eleven Network's national broker network model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Eleven Network social profiles
Digital presenceEleven Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eleven Network leadership team
Management profileNumber of profiles
Eleven Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eleven Network 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 Eleven Network
What does Eleven Network do?
Eleven Network is a UK insurance broker network that provides regulatory infrastructure, compliance oversight, market access, and operational support to Appointed Representatives (ARs) and Directly Authorised (DA) brokers. It acts as FCA-authorised Principal for ARs and offers outsourced services (client money handling, compliance, training, premium finance access) to DA brokers. The network provides access to over 260–300 insurer agencies, the Acturis broker software platform, and in-house MGA facilities (AUK MGA, Sutton Specialist Risks).
Is Eleven Network a public or private company?
Eleven Network is a private company. It is classified as corporate owned and is currently operating.
When was Eleven Network founded?
Eleven Network was founded in 2004. It employs 11 to 50 people.
Where is Eleven Network based?
Eleven Network is headquartered in Manchester, United Kingdom, in the Europe region.
How does Eleven Network make money?
Three revenue lines are on record. Appointed Representative Membership Fees are the primary driver. The others are directly Authorised Broker Services and enhanced Commissions.
Who are Eleven Network's main competitors?
Broad incumbents on record are Jensten Group, Gallagher (UK Retail), Howden Group, Ardonagh Group, PIB Group and Marsh (UK Retail). Direct peers are Clear Group, Berkeley Insurance Group, Direct Group and Bravo Insurance Network.
Does Eleven Network have an API?
No public API is recorded for Eleven Network.
What industry is Eleven Network in?
Eleven Network's product category is Insurance Broker Network Services. Its primary akta.pro industry code is FSAEAMAB, Insurance Leads, Introducers & Referral Networks. Its NAICS code is 524210 and its SIC code is 6411.