Wannet Sports Insurance

What Wannet Sports Insurance does

Wannet Sports Insurance B.V. is a Dutch specialty insurance broker and Managing General Agent (MGA) that operates as a Lloyd's of London Coverholder, underwriting and distributing bespoke insurance solutions for professional athletes, entertainers, and sports organizations. Founded in 1995 by Joseph Wannet, the firm obtained Lloyd's Coverholder status in 2000 and today holds direct insurance capacity of up to €240 million for teams and clubs and €30 million for individuals through the Lloyd's Market. Headquartered in Arnhem, Netherlands, with additional offices in Düsseldorf (Germany, since 2007), Ghent (Belgium, opened September 2024), and Paris (France), Wannet serves more than 2,000 clients worldwide and underwrites a current insured value of approximately €1.2 billion, with over €90 million paid in claims since inception.

The firm's product portfolio is anchored by three core lines — Athletes Insurance, Artists Insurance, and the Club Protection Plan (covering player contract values, transfer values, stadium, events, cyber, and key person risks) — and is complemented by a suite of specialty products including Key Person Insurance, Prize Indemnity Insurance, Hole-in-One Insurance, Event Cancellation Insurance, Cyber Insurance, Space Insurance, Fine Art Insurance, Kidnap & Ransom Insurance, and general business insurance. All policies are tailor-made, priced on individual risk assessment, and underwritten in-house or placed via Lloyd's of London syndicates, with claims handled internally to ensure rapid resolution.

Wannet operates a multi-channel go-to-market combining direct enterprise field sales (dedicated account managers covering Dutch, German, Belgian, and French markets), a sports agent and player agent referral network (e.g., JB Sports 2Business), a broker/intermediary partnership program with structured commission and fee arrangements, and a self-serve free quote portal on its website. The company is regulated by the Netherlands Authority for the Financial Markets (AFM, registration 12049389), holds a German broker license under § 1 Abs. 2 (D-J1KI-68RB2-65), is registered as a broker in Belgium, and is a member of KIFID. After multiple ownership changes through Aon Netherlands (2002) and the Unirobe Meeùs Group (2014, repurchased by Aon in 2017), founder Joseph Wannet, his son David Wannet, and CCO Bjorn Rijgersberg completed a buyback from Aon in October 2023, restoring 100% independent ownership under the Wannet Sports Insurance B.V. legal entity.

Name

Wannet Sports Insurance

Legal name

Wannet Sports Insurance B.V.

Website

https://wannet.eu

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Wannet Sports Insurance is a Dutch-based Lloyd's of London Coverholder and MGA that underwrites and distributes bespoke insurance for professional athletes, entertainers, and sports clubs across the Netherlands, Germany, Belgium, and France.

Ownership category

akta.pro rank

Product category

Specialty Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Health and Medical Insurance Carriers (524114), Direct Property and Casualty Insurance Carriers (524126)

SIC

Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399), Accident & Health Insurance (6321)

akta.pro industry

PRIMARYFSAIAEAD

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident)

Financial & Insurance/Insurance — Life & Health/Individual Health Insurance

Keywords

• Sports insurance
• Disability insurance
• Athlete insurance
• Entertainment insurance
• Lloyd's coverholder

Headquarters

HQ city

Arnhem

HQ country

Netherlands

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premium Revenue (MGA/Broker Model): As a Lloyd's Coverholder and MGA, Wannet acts as an underwriting agency that develops and manages specialized insurance products. Revenue is generated through insurance premiums collected from policyholders, with capacity provided through Lloyd's of London. The company receives commission and manages underwriting risk.
2. Broker/Intermediary Commissions: Revenue from partnerships with insurance brokers and intermediaries who distribute Wannet's specialized products. Commissions are paid to intermediaries for products placed through their channels, with fixed generous commission splits for commission-based products and fee arrangements for non-commission products.
3. Direct Insurance Capacity Utilization: Premium revenue derived from the company's direct insurance capacity of €240 million for teams and €30 million for individuals, underwritten through Lloyd's of London. Premiums are calculated based on risk assessment, policy terms, and coverage scope.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Wannet Sports Insurance is a specialty insurance broker and Lloyd's Coverholder providing tailor-made disability and specialty insurance for professional athletes, artists/entertainers, and sports clubs. As a Managing General Agent, it underwrites and allocates insurance capacity directly (up to €240M for teams and €30M per individual) via Lloyd's of London, complemented by an in-house claims handling team for rapid resolution.

Product overview

Wannet Sports Insurance is a specialty insurance provider offering a comprehensive portfolio of insurance products. The core offerings center around three main segments: Athletes Insurance and Artists Insurance (individual disability and specialty coverage), and the Club Protection Plan (organizational coverage). These are complemented by a suite of specialty insurance products including Key Person Insurance, Prize Indemnity Insurance, Hole-in-One Insurance, Event Cancellation Insurance, Cyber Insurance, Space Insurance, Fine Art Insurance, and Kidnap & Ransom Insurance. The company also provides Regular Insurances for business clients. As a Lloyd's Coverholder and MGA/Underwriting Agency, Wannet can allocate direct insurance capacity up to €30 million for individuals and €240 million for teams, offering swift, bespoke insurance solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Athletes Insurance Custom disability insurance and specialty insurance solutions designed for professional athletes, covering career-ending injuries, income loss, and career protection. Includes health, fine art, watches & valuables, high-end car, private jet, house & property, and kidnap & ransom insurance as additional offerings.
• Artists Insurance Specialized disability insurance and entertainment insurance for professional artists, musicians, DJs, and entertainers, protecting against unforeseen events that could jeopardize their career and income. Includes coverage for performance cancellations and travel-related issues.
• Club Protection Plan Comprehensive insurance solution for sports clubs covering contractual and transfer values of players. Also includes Director's Liability, Stadium Insurance, Event Cancellation Insurance, Cyber Insurance, Key Person Insurance, and Contractual Bonus Insurance.
• Key Person Insurance Specialized insurance policy protecting businesses from the financial consequences of death, disability, or critical illness of key individuals within the organization. Offers up to €30 million coverage per key individual, underwritten via Lloyd's of London.
• Prize Indemnity Insurance Insurance enabling promoters to offer large prizes in campaigns without the financial risk of payout. Covers scenarios including lottery games, game shows, sports contests, and marketing promotions.
• Hole-in-One Insurance Insurance covering hole-in-one prizes at golf tournaments, allowing organizers to offer spectacular prizes without financial risk if a player achieves a hole-in-one.
• Event Cancellation Insurance Insurance protecting event organizers from the financial impact of unforeseen circumstances causing event cancellation or postponement, including severe weather, natural disasters, venue unavailability, performer illness, pandemics, terrorism, or technical issues.
• Cyber Insurance Customized cyber insurance solutions providing financial protection against cyber threats including data breaches, ransomware attacks, business interruption, and network security liability. Includes partnership-based IT security screening.
• Space Insurance Insurance coverage for space operations including satellites throughout their lifecycle from manufacturing through launch, in-orbit testing, and commercial operation. Also covers commercial space travel and third-party liability.
• Fine Art Insurance Bespoke insurance for artworks covering acquisition, transit, exhibitions, and long-term storage. Protects against damage, loss, theft, authenticity disputes, and restoration processes for collectors, galleries, museums, and traveling exhibitions.
• Kidnap & Ransom Insurance Comprehensive insurance and crisis management protection for individuals in high-risk situations, covering ransom payments, professional negotiation, crisis management, legal advice, medical care, and post-event trauma support.
• Regular Insurances Business insurance solutions including property, liability, workers' compensation, and other coverage options for businesses of all sizes, backed by Lloyd's of London partnerships.

Quantifiable outcome

• Over €90 million paid in claims to clients
• +4 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Aon NetherlandsminorOthers · 1 January 2023Wannet repurchased the company from Aon in 2023. Aon had acquired Wannet in 2002 and again in 2017-2018 through Unirobe Meeùs Group. Post-repurchase, Aon and Wannet continue to collaborate as partners. Wannet acquired the sports and entertainment insurance portfolio from Aon Netherlands.
• Lloyd's of LondoncoreTechnology or Integration · 1 January 2000As a Lloyd's Coverholder and MGA/Underwriting Agency, Wannet has privileged access to the Lloyd's Market, enabling direct allocation of insurance capital up to €30 million for individuals and €240 million for teams. This partnership provides the underwriting capacity and global insurance market access that underpins all of Wannet's specialized insurance products.
• Insurance Brokers Network (Brokerslink)minorChannel Partner/ Reseller/ DistributorPartnership with Brokerslink (global network of insurance brokers) providing access to international distribution and broker partnerships.
• Dutch Authority for the Financial Markets (AFM)coreOthersWannet is recognized and regulated by the Netherlands Authority for the Financial Markets (AFM) under registration number 12049389. This regulatory recognition is essential for operating as an insurance broker in the Netherlands.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Munich Re: Munich Re is a global reinsurer with specialty sports, aviation, space, and entertainment reinsurance offerings. It is comparable to Wannet at the reinsurance/capital layer that ultimately backs many of the risks Wannet places via Lloyd's.
• Lockton: Lockton is the world's largest independent insurance broker with sports, entertainment, and specialty practices. Like Wannet, it is privately held and culture-driven, but operates globally and across many risk classes beyond sports.
• Howden Group: Howden is a large specialty insurance and reinsurance broker with strong sports and entertainment practices. It competes with Wannet on club and athlete accounts at the upper end of the market but serves a much broader portfolio of risks across many industries.
• Aon: Aon is Wannet's former owner and current collaborator. As one of the world's largest insurance brokers with a global Sports & Entertainment practice, Aon overlaps with Wannet on premier club and athlete accounts but at materially larger scale and broader product range.
• Beazley: Beazley is a Lloyd's-heavy specialty insurer with strong sports, entertainment, cyber, and event cancellation lines. It is comparable to Wannet on product mix (cyber, event cancellation, specialty personal lines) though it operates as a carrier rather than a broker/MGA.
• Marsh: Marsh is a global insurance broker and risk advisor with a dedicated Sports & Events practice serving federations, clubs, and athletes. It competes for the same end customers as Wannet but from a much larger platform with broader specialty and corporate lines.
• Allianz: Allianz is a global insurer and broker with sports sponsorship and entertainment insurance capabilities. While it does not specialize in sports, it competes on club, athlete, and event insurance at scale through its corporate and specialty lines.

Direct peers

• Hiscox: Hiscox is a specialty insurer and Lloyd's participant underwriting sports, entertainment, fine art, and high-net-worth personal lines. It overlaps directly with several of Wannet's product categories (disability, fine art, K&R, cyber) and competes for similar specialty broker and intermediary relationships.
• Sportscover Insurance: Sportscover is a Lloyd's-based specialty insurer focused on sports, leisure, and entertainment risks. Like Wannet, it underwrites athlete disability, club, and event policies through the Lloyd's market, making it the closest pure-play comparable in the niche sports-insurance space.
• Meeùs: Meeùs (formerly part of Unirobe Meeùs Group, which co-owned Wannet until 2017) is a leading Dutch insurance broker with strong corporate and SME practices. It overlaps with Wannet on Dutch clients and broker distribution, especially in the corporate and club segments.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/wannet-sports-insurance
• Instagraminstagram.com/wannet.eu

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 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 Wannet Sports Insurance