What NMG Consulting does

NMG Consulting is the flagship advisory arm of the privately held NMG Group, a global advisory and intermediary firm founded in 1992 that operates exclusively across the Insurance, Reinsurance, Wealth Management and Asset Management industries. The firm runs a vertically-integrated service model that combines three core offerings — Consulting (strategy, market participation, product, distribution, digital transformation and M&A advisory), Insights (proprietary national and global research studies with customers, distributors and suppliers, including annual syndicated studies such as the Global Asset Management Study and P&C Reinsurance Brand Rankings) and Analytics (market studies, benchmarking and custom analytics projects that clean, organize and verify internal client data). Its reinsurance Studies are recognized by the industry as definitive benchmarks of client performance and are used as evidence of competitive positioning with boards, rating agencies and investors, underpinned by an interactive engagement platform that supports the full study lifecycle from data acquisition through to results sharing.

The firm has grown to more than 800 employees across 18 cities covering all inhabited continents, with established offices in Sydney, Singapore, Kuala Lumpur, Colombo, London, New York, Boston, Toronto, Johannesburg and Cape Town. Technology is centered on proprietary research methodologies, benchmarking platforms and data visualization tools rather than on disclosed AI/ML capabilities, and the firm does not offer a public or partner-facing API. The business model is professional services — project-based consulting engagements, ongoing advisory mandates and recurring syndicated research products — sold through direct enterprise field sales to C-suite and board-level decision-makers at insurance, reinsurance, wealth management and asset management institutions globally. Pricing is not publicly disclosed. The wider NMG Group also includes NMG Benefits (employee benefits advisory) and NMG Capital (PE/VC investments in financial-sector businesses), creating cross-sell potential with the same institutional client base.

Name

NMG Consulting

Legal name

NMG Consulting Ltd.

Website

https://nmg-consulting.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

Global advisory firm serving Insurance, Reinsurance, Wealth Management and Asset Management institutions through integrated Consulting, Insights and Analytics services, with 800+ staff across 18 cities and proprietary benchmarking studies recognized as industry standards.

Ownership category

akta.pro rank

Product category

Financial Services Consulting

NAICS

Management Consulting Services (54161), Administrative Management and General Management Consulting Services (541611)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Strategy & Corporate Development Consulting (BPAHACAA)

akta.pro secondary industries

Customer, Marketing & Sales Consulting (BPAHACAG), Financial Management & Performance Improvement Consulting (BPAHACAF), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• Financial services consulting
• Industry benchmarking studies
• Strategy consulting
• Market research insights
• Data analytics services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting Services: Strategy consulting engagements helping clients shape strategy, implement change and enhance performance. Services include market participation strategy, product strategy, marketing and distribution optimization, digital transformation, and M&A advisory.
2. Insights Research Studies: Proprietary national and global research studies conducted with customers, distributors and suppliers. Includes quantitative and qualitative research as well as custom studies developed for specific client business problems.
3. Analytics Services: Market studies drawing data across the market, benchmarking work capturing key metrics from major industry players, and custom analytics projects that clean, organize and verify internal client data.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

NMG Consulting delivers strategy consulting, market research (insights), and analytics services to financial institutions across the Insurance, Reinsurance, Wealth Management, and Asset Management sectors. Services include market participation strategy, product strategy, marketing and distribution optimization, digital transformation, M&A advisory, proprietary national and global benchmarking studies, and custom analytics projects that clean, organize, and verify internal client data.

Product overview

NMG Consulting is part of the NMG Group, a global advisory and intermediary firm focused exclusively on the financial services sector. The company operates as a vertically-integrated consulting firm with three core service offerings: Consulting, Insights, and Analytics. Consulting provides strategy consulting for market participation, product strategy, distribution, and digital transformation. Insights delivers market research and intelligence through national and global studies capturing demand trends and market dynamics. Analytics offers data analytics including market studies, benchmarking, and custom analytics projects. The Group also includes NMG Benefits (employee benefits advisory) and NMG Capital (private equity/venture capital). Key research products include the Reinsurance Studies (interactive benchmark platform), Global Asset Management Study, and P&C Reinsurance Brand Rankings.

Differentiator

Problem solved

Functional benefit

Products and services

• Consulting

Quantifiable outcome

• NMG has tracked private-markets brand leaders for a decade across institutional and wealth segments
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Celent: Research and advisory firm focused exclusively on the financial services industry, covering banking, insurance, wealth, and asset management. Comparable to NMG in its FS-vertical focus and combination of subscription research with consulting engagements.
• Novarica: Insurance-industry research and consulting firm producing syndicated benchmarks (e.g., insurer IT spending) and advisory work for carriers. Directly comparable to NMG's reinsurance benchmarking studies and insurance consulting practice.
• Oliver Wyman: Specialist management consulting firm dedicated to the financial services industry, with deep practices across insurance, asset management, and wealth management. Closest direct comparable to NMG given its vertical specialization, research/analytics assets, and C-suite advisory motion.
• Alpha FMC: Specialist consulting firm focused exclusively on asset and wealth management with offices in the UK, US and Asia. Closely comparable to NMG's asset management and wealth management consulting practices by vertical and buyer profile.
• Crisil Coalition Greenwich: Provider of proprietary research, benchmarking, and analytics to financial institutions, particularly in asset management, corporate banking, and institutional investing. Directly comparable to NMG's Insights and Analytics offerings and to its Global Asset Management Study product.

Broad incumbents

• McKinsey & Company (Financial Services Practice): Global generalist strategy consultancy with a substantial dedicated Financial Services Practice serving insurance, banking, and asset management clients. Competes with NMG for enterprise strategy mandates despite covering many industries beyond financial services.
• Bain & Company (Financial Services): Global strategy consultancy with dedicated FS practices covering insurance, wealth and asset management and active in the same M&A and customer/distribution strategy engagements as NMG.
• Roland Berger (Financial Services): Global strategy consultancy with a strong insurance and FS practice and offices across the same geographies as NMG, including Continental Europe, UK, US and Asia. Broadly comparable competitor in enterprise FS strategy work.
• Boston Consulting Group (BCG): Global strategy consultancy with significant practices in insurance, wealth, and asset management and a strong presence in FS benchmarking. Functions as a broad incumbent competitor to NMG across the same C-suite buyer base.
• Deloitte Consulting (Financial Services): Big Four advisory practice with deep insurance, wealth management and asset management consulting operations globally. Competes with NMG on transformation, distribution, and digital mandates from the same enterprise financial-services buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nmg-consulting

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries3 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 NMG Consulting