Lampe & Schwartze Marine Underwriting

What Lampe & Schwartze Marine Underwriting does

Lampe & Schwartze is a Bremen-based Assekuradeur (authorized underwriting agency) that has underwritten marine and cargo insurance since 1858, operating as a private partnership (KG) within a group of 350+ employees. Its Marine Underwriting division employs 50 specialists who are authorized to bind coverage on behalf of 30 A-rated insurance carriers and distribute through a network of 90+ brokers; the firm states staff collectively speak more than 25 languages, supporting placement of complex, multi-jurisdictional risks.

The firm's product set centers on marine hull and marine cargo cover, including high-value and non-standard placements in steel, oil & gas, offshore wind, pharmaceuticals, agricultural commodities, and infrastructure projects, alongside newer lines such as the SOMCC cyber product for ship operators (launched 2019, with a Cyberwar extension in 2020) developed in partnership with MCERT/VHT. Distribution is increasingly multi-channel: traditional broker-led placement for complex risks sits alongside Cargosure24, a self-service online platform for cargo cover, and value-added services such as a recyclable cardboard-based container lining system for loss prevention.

Revenue is generated via underwriting agency commission on premiums placed with carrier partners; the firm does not disclose financial figures. As a private partnership with no external funding rounds on record, growth has been funded organically over 165+ years, with the most recent strategic emphasis on digital distribution channels, cyber line expansion, and continuity in Marine Hull leadership following the February 2022 succession.

Name

Lampe & Schwartze Marine Underwriting

Legal name

Lampe & Schwartze KG

Website

https://lampe-schwartze-marine.de

Company type

Private

Founded year

1858

Operating status

Operating

Headcount range

101–250 employees

Short description

Bremen-based Assekuradeur underwriting marine and cargo insurance since 1858, authorized by 30 A-rated carriers, distributed through 90+ brokers, with 50 marine specialists serving complex international trade risks.

Ownership category

akta.pro rank

Product category

Marine Insurance Underwriting

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro industry

PRIMARYFSAEADAJ

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

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAJAGAJ

Marine Specialty (Hull/P&I/Cargo)

Financial & Insurance/Insurance — Motor, Property & Casualty/Specialty & Excess/Surplus Lines (E&S)

Keywords

• Marine insurance underwriting
• Cargo insurance services
• Vessel hull insurance
• Transport liability coverage
• Marine risk management

Headquarters

HQ city

Bremen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission (Assekuradeur): As an underwriting agency (Assekuradeur), the company earns commissions by writing insurance policies on behalf of partner insurance companies (30 A-rated insurers). The company is authorized to bind coverage and manages the insurance contracts.
2. Cargo and Marine Insurance Premiums: Earns income from placing insurance policies for cargo transport, ship hull insurance, liability coverage, and specialized insurance solutions. Revenue generated through insurance premiums underwritten for partner companies.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Lampe & Schwartze Marine Underwriting is a German Assekuradeur (underwriting agency) founded in 1858 in Bremen that provides marine and cargo insurance underwriting services, including cargo insurance (Warenversicherung), transport liability coverage (Verkehrshaftung), and vessel hull insurance (Schiffsversicherung). The company is authorized by 30 A-rated insurance companies to bind coverage and operates exclusively through a network of more than 90 insurance brokers, handling complex, large-volume international trade and shipping risks with on-site risk management and claims support.

Differentiator

Problem solved

Functional benefit

Brands

• SOMCC: Ship Owner's Marine Cyber Cover - an integrated insurance solution for shipping companies covering cyber risks including cyberwar.
• Cargosure24

Products and services

• Warenversicherung (Cargo Insurance)
• Verkehrshaftung (Transport Liability Insurance)
• Schiffsversicherung / Kaskoversicherung (Marine Hull Insurance)
• SOMCC - Ship Owner's Marine Cyber Cover
• Cargosure24 Online platform that allows users to insure cargo transport without prior registration and in just a few steps, receiving an insurance certificate directly. Enables quick, self-service cargo insurance for shipping needs.

Quantifiable outcome

• Reduced cocoa transport condensation damage by developing cardboard container lining system
• +4 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• 30 Insurance Companies (A-rated)coreOthersCurrently authorized by 30 world-renowned and mostly A-rated insurance companies to underwrite insurance policies. These partnerships provide the capacity to handle large-volume, complex risks that would be difficult for a single insurer to cover alone.
• Maritime Cyber Emergency Response Team (MCERT)coreTechnology or IntegrationPartnership for cyber risk assessment and response services for the SOMCC (Ship Owner's Marine Cyber Cover) product. MCERT provides risk assessment, cyber attack reporting, and emergency hotline services for insured shipping companies.
• Verein Hanseatischer Transportversicherer (VHT)coreStrategic or Co-development PartnerCollaboration partner for cyber risk assessment in the SOMCC product development. VHT contributes maritime transport insurance expertise to the cyber cover assessment process.
• Bremische Hafenvertretung (BHV)minorOthersBremen Port Representation association membership providing networking and industry representation in the Bremen port community.
• Gesamtverband der Deutschen Versicherungswirtschaft e.V. (GDV)minorOthersMembership in the German Insurance Association (GDV), the central association for the German insurance industry.
• Verein Hanseatischer Transportversicherer e.V. (VHT)minorOthersMembership in the Hamburg Association of Marine Underwriters, providing industry networking and professional development in the transport insurance sector.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• JBT Insurance Brokers: Specialist German marine insurance broker with similar focus on ship owners, cargo, and transport liability; directly comparable in target customer and product breadth within the German marine Assekuradeur/broker market.
• SCHUNCK GmbH & Co. KG: German insurance broker with strong transport and marine competence, also operating as an Assekuradeur; competes directly with L&S MU for German marine and cargo insurance placements via brokers.
• Funk Gruppe GmbH: German family-owned insurance broker and risk consultant with dedicated transport/logistics practice; comparable as another non-bank, relationship-driven German insurance intermediary serving complex corporate risks.

Broad incumbents

• Allianz Global Corporate & Specialty (AGCS): Global corporate insurer with significant marine hull and cargo portfolio; competes with L&S MU on large complex marine placements and is one of the A-rated carriers L&S MU partners with.
• HDI Global Specialty SE: Specialty insurer within the Talanx Group offering marine hull, cargo, and liability coverage; a partner-carrier competitor that underwrites the same marine risks directly rather than through an Assekuradeur.
• Aon Germany (Aon Holding Deutschland GmbH): Global broker with substantial marine and cargo practice in Germany; competes with L&S MU as a broker while also being a potential partner-broker under L&S MU's distribution model.
• Liberty Specialty Markets (Liberty Mutual): Global specialty carrier writing marine hull, cargo, and offshore energy; competes as both a partner carrier for L&S MU and a direct underwriter for large marine risks.
• Marsh Germany (Marsh GmbH): Global risk and insurance brokerage with marine specialty capabilities; competes on complex cargo and marine programs and shares the same broker-driven distribution model.

Regional players

• G.E.B. Versicherungs-Vermittlung GmbH & Co. KG: German specialty insurance broker focused on marine and transport; closely comparable in product mix and customer base but smaller scale and primarily German-market.

Emerging players

• Howden Broking Group (Germany): London-headquartered specialist broker with growing German marine presence; competes for complex marine and cargo placements and increasingly offers similar underwriting-agency-style solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lampe-schwartze-marine-underwriting

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Lampe & Schwartze Marine Underwriting