Mulberry Insurance Brokers Ltd
Mulberry Insurance Brokers Ltd is a Malta-based independent insurance broker founded in 2015, serving individuals, corporates, and industry-specific clients in energy, construction, marine, and finance under MFSA licensing and the Howden One global network.
- Company typePrivate
- Founded2015
- HeadquartersPaola, Malta
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Mulberry Insurance Brokers Ltd does
Mulberry Insurance Brokers Ltd is a Malta-based independent insurance brokerage founded in 2015 by Ivan Vladimir Buttigieg, an insurance professional with over 25 years of experience and a Lloyd's of London background. The firm is headquartered in Paola, Malta, with a second branch opened in Santa Venera in 2023, and operates with a small team of approximately five employees. It is licensed by the Malta Financial Services Authority (MFSA) and is affiliated with the Howden One global broking network, which provides access to international underwriting capacity and specialty markets that a standalone local broker could not reach alone.
The company serves three distinct client segments: individual retail customers (personal lines), corporate clients, and industry-specific accounts in higher-acuity verticals such as energy, construction, marine, and finance. Its product offering spans standard personal lines (motor, home, health) and commercial lines, supplemented by specialty coverage for the targeted industry verticals. Between 2022 and 2025, the firm materially expanded its senior practitioner bench with the addition of Michelle Agius Portelli, Chris Cuschieri, Glenn Tonna, Luca Camilleri, and Nicolas Paul Sammut, transitioning from a founder-led practice to a multi-practitioner brokerage.
Mulberry earns revenue through commissions on insurance placements and direct client fees, the standard economics of an appointment-based intermediary. The business model is that of a traditional broker: no proprietary technology platform, no digital distribution channel, and no disclosed non-commission revenue streams are evident in the available data. As a small independent broker operating in a single market, the firm is structurally dependent on the Howden One network for competitive underwriting terms, specialty capacity, and credibility — a dependency that is both a strength and a concentration risk.
Mulberry Insurance Brokers Ltd firmographics
Firmographics- Name
- Mulberry Insurance Brokers Ltd
- Legal name
- Mulberry Insurance Brokers Limited
- Website
- https://mulberrybrokers.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mulberry Insurance Brokers Ltd is a Malta-based independent insurance broker founded in 2015, serving individuals, corporates, and industry-specific clients in energy, construction, marine, and finance under MFSA licensing and the Howden One global network.
- Ownership category
- akta.pro rank
Mulberry Insurance Brokers Ltd industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
- akta.pro secondary industries
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ), Retail (Personal Lines) Insurance Brokerage (FSAEADAA)
Keywords
Where Mulberry Insurance Brokers Ltd is headquartered
LocationHeadquarters
- HQ city
- Paola
- HQ country
- Malta
- HQ region
- Europe
Offices2 records
Markets served
Mulberry Insurance Brokers Ltd business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Insurance Commissions (Brokerage): Commissions paid by insurers upon placement of insurance policies. The company acts as an intermediary between clients and insurers, earning brokerage fees for policy placement.
- Client Fees: Fees agreed directly with clients for professional services, either independently or in combination with insurer commissions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Commission and fee-based services tailored to client requirements |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Mulberry Insurance Brokers Ltd product offering
Product offeringCore offering
Mulberry Insurance Brokers Ltd is an independent insurance intermediary licensed by the Malta Financial Services Authority. The firm assesses client insurance needs, advises on suitable coverage, places policies with a wide range of insurers, and supports ongoing policy administration and claims handling. Offerings span personal lines (motor and home), commercial and corporate insurance, marine, engineering and construction, oil and gas, energy, and finance sector coverage.
Product overview
Mulberry Insurance Brokers Ltd operates as an independent insurance broker offering a unified service model comprising insurance broking, risk management advisory, and claims management support. The company places coverage with a wide range of insurers and provides tailored solutions across multiple sectors including personal lines (motor, home insurance), commercial and corporate insurance, marine insurance, energy, construction, and oil and gas insurance. The core offering revolves around acting as an advice-driven intermediary that assesses client needs, provides strategic guidance, places appropriate coverage, and supports ongoing claims handling—all delivered through their team of experienced insurance professionals.
Differentiator
Problem solved
Functional benefit
Products and services
- Insurance Broking Services Independent insurance intermediary services placing coverage with insurers from a wide range of providers, including assessment of insurance needs, advice on suitable products, placement of cover, and ongoing policy administration support. Targeted at both individual and corporate clients in Malta.
- Risk Management and Advisory Expert advisory and risk management solutions working closely with clients to navigate insurance complexities and align with long-term business goals, including bespoke policy structuring and optimal terms negotiation. Targeted at corporate and business clients.
- Claims Management Support Ongoing support with claims handling and management throughout the policy lifecycle. Targeted at both individual and corporate policyholders.
- Personal Lines Insurance Individual insurance coverage including motor, motor fleets, and home insurance for personal consumers in Malta.
- Commercial and Corporate Insurance Comprehensive insurance solutions for commercial and corporate clients, including structured policies tailored to unique business needs, risk assessment, and policy structuring. Targeted at Malta-based businesses of various sizes.
- Marine Insurance Specialised marine insurance coverage with expertise in commercial and marine insurance, including reinsurance. Targeted at marine and shipping sector clients.
- Engineering and Construction Insurance Insurance coverage for engineering and construction projects, including specialized expertise in this sector. Targeted at construction firms and project owners.
- Oil and Gas Insurance Specialized offshore insurance coverage for the Oil and Gas Industry, including risk consultancy for major projects. Targeted at oil and gas operators and contractors.
- Energy Sector Insurance Tailored insurance solutions for the energy sector with specialized expertise and thought leadership. Targeted at energy sector operators.
- Finance Sector Insurance Specialized insurance solutions for the finance sector, including coverage for financial institutions and related risks. Targeted at financial institutions.
Companies that use Mulberry Insurance Brokers Ltd
Customer profileSegments3 records
Ideal customer profiles3 records
Mulberry Insurance Brokers Ltd technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mulberry Insurance Brokers Ltd partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Howden OnecoreMulberry Insurance Brokers is part of the prestigious Howden One network, providing global reach and access to local insights, regulatory expertise, and international insurance markets. The partnership enables the company to service clients with global presence, offering customized solutions for complex international challenges including cross-border risks and international compliance requirements. Howden One provides access to world-leading experts and resources, positioning Mulberry to handle tasks of any scale or complexity.
Scale indicators2 records
Recent moves8 records
Expansion highlights4 records
Mulberry Insurance Brokers Ltd competitors and assessment
Company assessmentBroad incumbents
- Aon plc: Global professional services firm with a major insurance brokerage division serving commercial and specialty risks. Competes with Mulberry for large commercial and corporate accounts and represents the broader incumbent landscape.
- Howden Group Holdings: Global insurance intermediary group operating the Howden One network that Mulberry is part of. A broad incumbent offering the same broking capabilities at much larger scale, and the parent/partner network through which Mulberry accesses international markets.
- Arthur J. Gallagher & Co. Global insurance brokerage and risk management services firm with a strong specialty practice serving commercial clients. Comparable commercial/specialty broking model to Mulberry but at multi-billion-dollar scale.
- Willis Towers Watson (WTW): Global advisory, brokerage, and solutions firm with significant insurance broking operations across commercial, specialty, and reinsurance lines. Comparable offering to Mulberry across the same product categories at global scale.
- Marsha McLennan (Marsh): Global insurance brokerage and risk advisory firm offering commercial and specialty broking services comparable to Mulberry's oil & gas, marine, and construction practice, but at vastly larger scale.
Direct peers
- Citadel Insurance plc: Malta-based insurance company with a general insurance license, offering personal and commercial products through intermediaries and direct channels. Comparable Malta-based competitor with similar product breadth.
- Elmo Insurance Ltd: Malta-based general insurance company and intermediary. Competes directly with Mulberry in personal and commercial lines, and is explicitly referenced in Mulberry's team history (Chris Cuschieri was previously GM at Elmo).
- GasanMamo Insurance: One of Malta's largest and longest-established insurance intermediaries, offering both personal and commercial lines. Direct competitor to Mulberry in the domestic Maltese market with similar multi-line brokerage model.
- Atlas Insurance PCC: Leading Maltese insurance company operating as both carrier and intermediary across personal, commercial, and specialty lines. A direct competitor serving the same Malta-based client base.
Emerging players
- Bowring Marsh (part of Marsh): Specialty insurance placement platform within the Marsh network focused on complex and emerging risks. Comparable to Mulberry's specialty placement orientation (oil & gas, marine, energy) but operating as a global platform rather than a regional boutique.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Mulberry Insurance Brokers Ltd social profiles
Digital presenceMulberry Insurance Brokers Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mulberry Insurance Brokers Ltd leadership team
Management profileNumber of profiles
Profiles6 records
Mulberry Insurance Brokers Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mulberry Insurance Brokers Ltd 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 Mulberry Insurance Brokers Ltd
What does Mulberry Insurance Brokers Ltd do?
Mulberry Insurance Brokers Ltd is an independent insurance intermediary licensed by the Malta Financial Services Authority. The firm assesses client insurance needs, advises on suitable coverage, places policies with a wide range of insurers, and supports ongoing policy administration and claims handling. Offerings span personal lines (motor and home), commercial and corporate insurance, marine, engineering and construction, oil and gas, energy, and finance sector coverage.
Is Mulberry Insurance Brokers Ltd a public or private company?
Mulberry Insurance Brokers Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mulberry Insurance Brokers Ltd founded?
Mulberry Insurance Brokers Ltd was founded in 2015. It employs 1 to 10 people.
Where is Mulberry Insurance Brokers Ltd based?
Mulberry Insurance Brokers Ltd is headquartered in Paola, Malta, in the Europe region.
How does Mulberry Insurance Brokers Ltd make money?
Two revenue lines are on record. Insurance Commissions (Brokerage) is the primary driver. The others are client Fees.
Who are Mulberry Insurance Brokers Ltd's main competitors?
Broad incumbents on record are Aon plc, Howden Group Holdings, Arthur J. Gallagher & Co., Willis Towers Watson (WTW) and Marsha McLennan (Marsh). Direct peers are Citadel Insurance plc, Elmo Insurance Ltd, GasanMamo Insurance and Atlas Insurance PCC. Bowring Marsh (part of Marsh) is listed as an emerging player.
Does Mulberry Insurance Brokers Ltd have an API?
No public API is recorded for Mulberry Insurance Brokers Ltd.
What industry is Mulberry Insurance Brokers Ltd in?
Mulberry Insurance Brokers Ltd's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAEADAB, Commercial Lines Insurance Brokerage, with a secondary code of FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 52421 and its SIC code is 6411.