Advent Insurance Services Ltd

What Advent Insurance Services Ltd does

Advent Insurance Services Limited is a UK-incorporated (company number 3573045) independent underwriting agency founded in 1998, headquartered at 23 Church Road, Bishops Cleeve, Cheltenham, and authorised and regulated by the Financial Conduct Authority under firm reference 311694. The firm operates exclusively on a delegated authority basis from major UK insurers, distributing residential property insurance exclusively through insurance brokers rather than directly to policyholders; brokers present risks and Advent returns competitive quotations, typically within minutes of broker time, before binding cover with its carrier partners. Its portfolio is organised around four core product pillars — Let Properties (covering professionals, students, DSS tenants and HMOs), UK Holiday Homes (including wooden chalets, beach huts and shepherd huts), Unoccupied Residential Properties (pending sale, in executors' hands, between lets or undergoing minor works), and Main Residence (covering non-standard situations such as home working, lodgers, part-letting, bed and breakfast, park homes and management companies) — with sub-products for chalets, park homes, beach huts, landlord's contents, shepherd's huts, non-standard construction and management company schemes. Differentiated excesses (£0 beach huts, £50 holiday homes, £100 let, £250 unoccupied, with subsidence/heave/landslip at £1,000) and a multi-property landlord discount underpin pricing, while an in-house claims team and 27 years of accumulated specialist underwriting judgement in non-standard risks form the core of the firm's competitive positioning.

Name

Advent Insurance Services Ltd

Legal name

Advent Insurance Services Limited

Website

https://adventinsurance.co.uk

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Advent Insurance Services Limited is a UK-based, FCA-authorised independent underwriting agency founded in 1998 that places residential property insurance — covering let, holiday, unoccupied, non-standard-construction and specialist properties — exclusively through brokers under delegated authority from major UK insurers.

Ownership category

akta.pro rank

Headquarters

HQ city

Bishops Cleeve

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D

Revenue model

1. Insurance broking and underwriting agency commissions: Advent earns commission from major UK insurers for placing residential property insurance policies through their broker network. They have delegated authority from insurers to place insurance on behalf of retail and commercial clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Core offering

Advent Insurance Services Limited is an independent underwriting agency that provides UK residential property insurance exclusively through brokers, holding delegated authority from major UK insurers. The company underwrites let properties, holiday homes, unoccupied residential properties, main residences including non-standard situations, and specialist structures such as beach huts, shepherd huts, chalets, and park homes — focusing on non-standard risks that mainstream insurers typically decline. Cover is tailored to individual risk with quick quotation turnaround and an in-house claims team.

Product overview

Advent Insurance Services Limited is an independent underwriting agency founded in 1998 that provides insurance for residential properties in the UK exclusively through broker partnerships. The company operates a portfolio of insurance products organized around property type and occupancy status: Let Properties (for tenanted residential properties catering to professionals, students, DSS tenants, and HMOs), UK Holiday Homes (covering chalets, beach huts, shepherd huts, and static holiday homes), Unoccupied Residential Properties (for properties pending sale, in executors' hands, between lets, or undergoing works), Main Residence (including non-standard situations like home working, lodgers, and bed and breakfast), and specialist covers for Management Companies, Non-Standard Construction, and Landlord's Contents. The product portfolio is distributed via major UK insurers through delegated authority arrangements, with an emphasis on personalized service and quick quotation turnaround for broker partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Let Properties Insurance Insurance coverage for tenanted residential properties let to professionals, students, DSS tenants, and HMO arrangements, including individual properties and multi-property portfolios. Cover includes landlord's contents, 90 days unoccupancy cover mid-term, most types of standard and non-standard construction, and a standard £100 excess (subsidence, heave and landslip at £1,000). Multi-property discounts are available.
• UK Holiday Homes Insurance Insurance schemes for UK holiday homes used by family and friends only, commercially let or part-let properties, wooden holiday chalets, beach huts, and shepherd huts. Covers most types of standard and non-standard construction with a standard £50 excess (subsidence, heave and landslip at £1,000) and no excess for beach huts.
• Unoccupied Residential Properties Insurance Insurance for unoccupied residential properties across various situations: pending sale, in the hands of executors, between lets, undergoing redecoration or minor works, and unoccupied park homes on established sites. Covers buildings and most types of standard and non-standard construction with a standard £250 excess (subsidence, heave and landslip at £1,000) and pro-rata refund of premium on cancellation.
• Main Residence Insurance Insurance coverage for residential properties including non-standard situations such as home working, part holiday home, lodgers, part let, bed and breakfast accommodation, park homes, and management companies. Covers most types of standard and non-standard construction with a standard £50 excess (subsidence, heave and landslip at £1,000).
• Chalets Insurance Specialist insurance coverage for wooden holiday chalets and other non-standard construction properties, offered as part of the UK Holiday Homes product line.
• Park Homes and Static Holiday Homes Insurance Insurance coverage for park homes and static holiday homes on established sites, available as part of both the UK Holiday Homes and Main Residence product lines.
• Beach Huts Insurance Specialist insurance coverage for beach huts with no excess applicable, offered as part of the UK Holiday Homes product line.
• Landlord's Contents Insurance Coverage for landlord's contents within let property insurance schemes, available as part of the Let Properties product line.
• Shepherd's Huts Insurance Insurance coverage for shepherd huts used as holiday accommodation, offered as part of the UK Holiday Homes product line.
• Non-Standard Construction Insurance Insurance schemes covering non-standard construction residential properties that may not qualify for standard insurance policies from mainstream insurers, spanning let, holiday, unoccupied, and main residence categories.
• Management Companies Insurance Specialist insurance coverage for management companies operating in the residential property sector, available as part of the Main Residence product line.

Segments8 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Major UK InsurerscoreOthersAdvent has delegated authority from major UK insurers to place insurance for residential properties belonging to their brokers' retail and commercial clients. This partnership model allows Advent to offer competitive quotations and process claims through these insurer relationships.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Markel UK: Markel UK is a specialty insurer and delegated authority partner covering niche personal and commercial lines, including property. It is relevant because it sits both upstream (as a potential capacity provider to MGAs like Advent) and downstream in adjacent specialty property markets.
• Endsleigh Insurance: Endsleigh is an established UK insurance intermediary offering home, landlord and specialist property cover through brokers and direct channels. It competes broadly with Advent on residential property but at significantly larger scale and with a broader product portfolio.
• Covéa Insurance: Covéa Insurance is a major UK P&C insurer underwriting home, landlord and commercial property business, often through delegated authority partners. It represents the type of capacity provider whose delegated arrangements enable Advent's operating model.
• Towergate Insurance: Towergate is one of the UK's largest insurance brokers, providing residential and commercial property cover alongside a wide range of other lines. It is comparable to Advent as a broker-intermediary but operates at much greater scale and across multiple segments.

Direct peers

• Alan Boswell Group: Alan Boswell is an independent UK insurance broker and MGA offering commercial and personal lines including specialist residential property cover. Like Advent, it operates as an intermediary placing business with insurer partners and serves non-standard risks.
• Adrian Flux: Adrian Flux is a UK insurance broker that specialises in non-standard and niche personal lines, including unusual residential properties, holiday homes and high-risk occupations. It targets the same non-standard residential property segment that defines Advent's value proposition.
• Hamilton Fraser: Hamilton Fraser is a UK specialist in landlord insurance, tenant referencing and property-related services, including landlord contents and let property cover. Its product focus on residential lettings and broker distribution overlaps directly with Advent's let properties offering.
• HomeLet: HomeLet is a UK specialist provider of landlord and tenant reference services and rental insurance, including let property cover for HMOs, students and DSS tenants — closely overlapping Advent's core let property book and broker-led distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Advent Insurance Services Ltd