THB Group Ltd

What THB Group Ltd does

Amwins Global Risks is the international arm of Amwins, a privately held wholesale specialty insurance and reinsurance broker founded in 1968 and headquartered in London. The firm operates as one of the largest Lloyd's broking operations in the specialty market sector, placing more than $3.5B in annual premium across global markets spanning 150+ countries. It serves retail brokers, wholesalers, MGAs, insureds, and carriers, providing access to specialty (re)insurance coverage across property, casualty, professional risks, marine cargo, and motor fleet lines.

The business is built around three integrated service lines: insurance and reinsurance broking (the core Lloyd's placement capability), capacity building (exclusive capacity, in-house products, and alternative capital access within the Lloyd's market), and three underwriting entities — Unicorn Underwriting, Contour Underwriting, and Amwins Amplify — that operate as MGA specialty programs. Supporting services include Cardinus Risk Management for risk and safety solutions and dedicated UK Broker Services handling 15,000+ quotes annually across motor fleet, commercial property, liability, and professional risks. With nearly 900 employees worldwide and 2,300+ active clients, the firm is positioned as a Top 10 contributor to the Lloyd's market.

Revenue is generated on a transaction-fee model through brokerage commissions on placed premium, capacity and proprietary product spreads, and underwriting economics from the three MGA entities. The go-to-market is enterprise field sales — direct engagement with retail brokers, MGAs, and carriers — with no retail brokerage channel. The firm is 100% independent and exclusively wholesale, with a stated 150-year vision emphasizing long-term relationships over short-term financial considerations. The parent operation places US$50bn in annual premium, providing the scale and capital stability underpinning the Global Risks unit.

Name

THB Group Ltd

Legal name

Amwins

Website

https://amwinsglobalrisks.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Amwins Global Risks is a London-based wholesale specialty insurance and reinsurance broker placing $3.5B in annual premium across 150+ countries, serving 2,300+ retail brokers, MGAs, carriers, and insureds through Lloyd's broking, capacity building, and three underwriting entities.

Ownership category

akta.pro rank

Product category

Wholesale Specialty Insurance Broking

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

Keywords

• Wholesale insurance broking
• Specialty reinsurance
• Lloyd's broking
• Capacity building
• MGA underwriting programs

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Insurance/Reinsurance Broking: Core wholesale brokerage placing over $3.5B in annual premium for specialty insurance and reinsurance coverage across global markets including property, casualty, professional risks, marine cargo, and motor fleet.
2. Capacity Building: Providing exclusive capacity, in-house/proprietary products and access to alternative capital for clients in the Lloyd's market.
3. Underwriting Operations: Three underwriting entities (Unicorn Underwriting, Contour Underwriting, Amwins Amplify) operating as MGA specialty programs.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Amwins Global Risks is the international arm of Amwins, a wholesale specialty insurance and reinsurance broker based in London. It places over $3.5B in annual premium across global specialty markets, provides exclusive capacity and proprietary products to retail brokers and MGAs, and operates three dedicated underwriting entities (Unicorn Underwriting, Contour Underwriting, Amwins Amplify) as MGA specialty programs.

Product overview

Amwins Global Risks operates as a specialty (re)insurance broker delivering insurance and reinsurance coverage to clients globally. The company functions as a single unified platform with multiple interconnected service offerings: Insurance/Reinsurance Broking (the core Lloyd's broking operation placing $3.5B in annual premium), Capacity Building (exclusive capacity and proprietary products), and three Underwriting entities (Unicorn Underwriting, Contour Underwriting, and Amwins Amplify). Supporting services include Cardinus Risk Management for risk and safety solutions, and UK-specific wholesale broker services for motor fleet, property, liability, and professional risks. The company is 100% independent, focused exclusively on wholesale specialty business.

Differentiator

Problem solved

Functional benefit

Brands

• Unicorn Underwriting: One of three underwriting entities set up to strengthen underwriting capabilities and provide an environment for underwriters to thrive.
• Contour Underwriting
• Amwins Amplify
• Cardinus

Products and services

• Insurance/Reinsurance Broking London-based Lloyd's broking operation placing over $3.5B in annual premium for specialty insurance and reinsurance coverage across global markets including property, casualty, professional risks, marine cargo, and motor fleet. Serves retail brokers, MGAs, insurers, and carriers.
• Capacity Building One of the largest capacity building brokers in the Lloyd's market, offering exclusive capacity, in-house/proprietary products, and access to alternative capital for clients.
• Underwriting Entities (Unicorn Underwriting, Contour Underwriting, Amwins Amplify) Three MGA specialty underwriting programs (Unicorn Underwriting, Contour Underwriting, Amwins Amplify) designed to strengthen underwriting capabilities and provide an environment for underwriters to thrive.
• UK Broker Services UK-specific wholesale broker services handling 15,000+ quotes annually across motor fleet, commercial property, business liability, and professional risks for UK brokers arranging purely UK risks.

Quantifiable outcome

• $3.5B in annual premium placed through Amwins Global Risks
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered supporting and core.

• Cardinus Risk ManagementsupportingTechnology or IntegrationCardinus serves as Amwins' risk and safety partner, delivering global solutions for display screen equipment compliance, safety training and consultancy, property risk management, insurance surveys, strategic and tactical security, and fleet risk management elements.
• Unicorn UnderwritingcoreStrategic or Co-development PartnerOne of three underwriting entities within Amwins Global Risks, Unicorn Underwriting operates as an MGA specialty program designed to strengthen underwriting capabilities and provide an environment for underwriters to thrive.
• Contour UnderwritingcoreStrategic or Co-development PartnerOne of three underwriting entities within Amwins Global Risks, Contour Underwriting operates as an MGA specialty program contributing to the overall underwriting platform capabilities.
• Amwins AmplifycoreStrategic or Co-development PartnerOne of three underwriting entities within Amwins Global Risks, Amwins Amplify provides underwriting capabilities as part of the integrated underwriting platform.

Scale indicators7 records

Expansion highlights5 records

Direct peers

• RPS Group (Risk Placement Services): US-based wholesale insurance brokerage with specialty focus and managing underwriting facilities. Comparable to Amwins in wholesale specialty placement and MGA-style underwriting, though with a US-centric footprint rather than Lloyd's-led.
• Lockton: World's largest independent insurance brokerage, operating across specialty, commercial, and benefits. Directly comparable to Amwins as a privately-held, independent broker competing in specialty lines with a global footprint.
• Burns & Wilcox: Specialty wholesale insurance broker and underwriting manager headquartered in North America. Directly comparable to Amwins Global Risks in specialty and surplus lines wholesale distribution, though with primary focus on US specialty market.
• Miller Insurance Services: London-headquartered independent specialist insurance and reinsurance broker with significant Lloyd's presence. Directly comparable to Amwins Global Risks as an independent, specialty-focused broker operating in similar London specialty lines.
• Howden Group: London-headquartered specialty insurance and reinsurance broker with significant Lloyd's presence. Most directly comparable to Amwins Global Risks — independent, wholesale-focused, and a leading Lloyd's contributor competing for similar specialty placement volume globally.

Broad incumbents

• WTW (Willis Towers Watson): Global advisory, brokerage, and solutions firm with substantial specialty and reinsurance operations. Comparable to Amwins Global Risks in Lloyd's-linked placement but operates across a much broader portfolio of insurance and advisory services.
• Aon: Global professional services firm with a major insurance brokerage and reinsurance division. Competes with Amwins in specialty and reinsurance placement while offering broader risk capital, health, and wealth advisory services.
• Arthur J. Gallagher & Co. Major US-headquartered global insurance broker and risk management services firm. Overlaps with Amwins in wholesale specialty brokerage and reinsurance, but operates as a broad-based incumbent with retail brokerage, benefits, and consulting in addition to wholesale.
• Marsh (Marsh McLennan): Global insurance brokerage and risk management arm of Marsh McLennan. Overlaps with Amwins Global Risks in specialty placement and reinsurance but operates as part of a much broader advisory conglomerate covering risk, consulting, and talent services.

Regional players

• BFL Canada: Largest independent commercial insurance brokerage in Canada, with specialty and reinsurance capabilities. Operates in similar specialty placement space but is regionally focused on the Canadian market rather than competing globally with Amwins.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/amwins-global-risks
• Instagraminstagram.com/amwinsglobalrisks

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 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 THB Group Ltd