Kestrel Insurance

What Kestrel Insurance does

Kestrel Insurance Services Ltd is a privately-held insurance brokerage founded in January 1989 and headquartered in Douglas, Isle of Man. The company operates as an intermediary rather than an underwriter, distributing personal and commercial insurance products from a panel of carefully selected insurers to Isle of Man residents and businesses. Its product portfolio spans eleven core lines including household, motor, motorcycle, travel, commercial, hotel and guesthouse, life assurance, mortgage protection, and marine craft and marine trade insurance, with the Everard marine trade product extending coverage to UK SME maritime companies through Lloyd's Market capacity.

The firm distributes through a hybrid model: six physical offices across the Isle of Man (Douglas, Onchan, Ramsey, Peel) provide face-to-face advisory services, while a fully automated website and the Aneevo platform handle online quote requests, particularly for travel insurance. Revenue is generated through commissions on placed policies, with pricing structured as subscription-based monthly direct debits (e.g., mortgage protection from £5/month). Kestrel is a subsidiary of Seventeen Group, which includes James Hallam Limited (Brokers at Lloyd's), providing access to specialized Lloyd's-syndicated capacity.

The company is regulated by the Isle of Man Financial Services Authority as an Insurance Intermediary in Respect of General Business. With approximately 51 employees, Kestrel has grown from a single-office car insurance operation into one of the Isle of Man's premium insurance brokers over more than 30 years. The business model is relationship-led, emphasizing unbiased bespoke service and multi-insurer panel comparison to deliver appropriate coverage at competitive prices for both consumers and Isle of Man SMEs.

Name

Kestrel Insurance

Legal name

Kestrel Insurance Services Ltd

Website

https://kestrelinsurance.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Kestrel Insurance Services Ltd is an Isle of Man insurance broker founded in 1989, distributing personal and commercial insurance through six offices and an online platform to local residents, businesses, and UK maritime SMEs.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

akta.pro secondary industries

Mid-Market Commercial Package (Package Policies) (FSAJAFAB), Specialty & Excess/Surplus Lines (E&S) (FSAJAMAH)

Keywords

• Insurance brokerage services
• Personal insurance products
• Commercial insurance coverage
• Marine trade insurance
• Life assurance products

Headquarters

HQ city

Douglas

HQ country

Isle of Man

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Kestrel Insurance operates as an insurance intermediary/broker, earning commissions from insurance providers when policies are placed. They survey multiple insurers to find optimal coverage for clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Kestrel Insurance is an insurance broker that surveys a panel of specially selected insurers to provide unbiased, bespoke personal and commercial insurance coverage for Isle of Man residents and businesses. Core offerings span motor, motorcycle, household, travel, life assurance, mortgage protection, commercial, hotel/guesthouse, and marine craft/trade insurance lines, distributed through six island-wide offices and a fully automated website.

Product overview

Kestrel Insurance is an insurance broker providing personal and commercial insurance products from its Isle of Man base. The product portfolio consists of eleven core offerings: Motor Insurance and Motorcycle Insurance covering personal and commercial vehicles; Household Insurance for homes and contents; Travel Insurance for Isle of Man residents; Commercial Insurance encompassing Public Liability, Employer's Liability, Professional Indemnity, Commercial Combined, and Cyber Liability; a newly launched Hotel & Guesthouse Insurance policy for the hospitality sector; Life Assurance with various protection products including Whole of Life, Critical Illness, and Income Protection; Mortgage Protection; and Marine Craft Insurance and Marine Trade Insurance (via Everard) for maritime sector clients. The company also offers Professional Risks as an add-on module. The products are distributed through a fully automated website and six island-wide offices, with service provided through a panel of carefully selected insurers.

Differentiator

Problem solved

Functional benefit

Brands

• Manxman Policy: Motor insurance policy offering Fully Comprehensive or Third-Party coverage on the Isle of Man and for two to three trips to the United Kingdom included in premium.
• Manx Classic Motorcycle Insurance
• Everard

Products and services

• Household Insurance Home insurance covering buildings and contents for Isle of Man residents, protecting against fire, flood, theft, and storm damage.
• Motor Insurance Vehicle insurance for personal and commercial vehicles including public hire, PSV, and agricultural vehicles with the Manxman Motor Policy offering comprehensive or third-party cover.
• Motorcycle Insurance Bespoke motorbike insurance including the Manxman policy for standard and off-road motorcycles and Manx Classic Motorcycle Insurance with agreed value options, commuting cover, and complimentary cover for helmets, leathers and spare parts.
• Travel Insurance Flexible travel policies tailored for Isle of Man residents with different levels of cover through leading travel insurers, distributed through the Aneevo platform.
• Commercial Insurance Business protection including Public Liability, Employer's Liability, Professional Indemnity, Commercial Combined, and Cyber Liability insurance for Isle of Man businesses.
• Hotel & Guesthouse Insurance Comprehensive hospitality sector policy covering building insurance, business interruption, contents, liability coverage, £100,000 legal expenses, and seasonal stock increases for the Isle of Man's hospitality sector.
• Life Assurance Life protection products including Whole of Life Policies, Critical Illness Cover, Income Protection, Private Medical Insurance, and Personal Accident insurance.
• Mortgage Protection Mortgage protection covering mortgage payments in the event of death or critical illness with prices starting from £5 per month and guaranteed lump sum payout.
• Marine Craft Insurance Marine craft insurance covering vessels from small dinghies to luxury super yachts for both leisure and commercial use, including bespoke covers for larger boats.
• Marine Trade Insurance (Everard) Comprehensive marine trade insurance for UK SME maritime sector companies providing up to £10m cover including Employers Liability, Public Liability, Products Liability, Material Damage, and Financial Risk through the Everard Lloyd's Market product.

Quantifiable outcome

• Right cover, at the right price for each individual client

Named customers2 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

Four partnerships are on record, tiered core and major.

• Seventeen GroupcoreStrategic or Co-development PartnerKestrel Insurance Services is a subsidiary of Seventeen Group, which includes James Hallam Limited who are Brokers at Lloyd's. This corporate structure provides access to Lloyd's market capacity and underwriting expertise.
• James Hallam LimitedcoreTechnology or IntegrationPart of the Seventeen Group, James Hallam Limited are Brokers at Lloyd's and co-developers of the Everard marine trade insurance product. They provide in-house underwriting team capacity and policy administration for Lloyd's market access.
• EverardcoreTechnology or IntegrationEverard is a well-established marine trade insurance product managed by James Hallam that provides capacity through the Lloyd's Market. The product offers 100% lines with limits up to £10m covering Employers Liability, Public Liability, Products Liability, Material Damage, and Financial Risk.
• UK Marine InsurersmajorTechnology or IntegrationStrong relationships with the UK's top marine insurers enabling competitive premiums for marine craft coverage without compromising on quality of cover.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kestrelinsurance

Revenue estimate

Valuation estimate

Number of profiles

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 Kestrel Insurance