Xact Risk Solutions

What Xact Risk Solutions does

Xact Risk Solutions Ltd is an independent wholesale insurance broker specialising in the placement of difficult, non-standard and specialist risks through Lloyd's and the London Market. Founded in 2012 and operational since 2013, the firm holds FCA authorisation (FCA Number 590914), full Lloyd's Broker accreditation, and Lloyd's Coverholder status, providing direct market access that underpins its placement capabilities. The firm serves insurance brokers, intermediaries and specialist partners in the UK and 16 international markets, with a 50/50 split between UK and international business, operating a wholesale-only model that deliberately avoids direct client conflict.

The firm's product surface spans two core lines. General Insurance covers commercial placements via line slips, delegated authorities, schemes and binders, with a focus on unusual and difficult-to-place risks plus guarantee and parametric performance contracts. Financial Services covers life, accident and sickness placements for impaired lives, hazardous occupations, high sum insureds, Inheritance Tax liability solutions, corporate travel, and affinity/membership arrangements. Operations are conducted from London (registered office at 30 Churchill Place, Canary Wharf and main office at 6 Lloyd's Avenue), Newcastle, and Copenhagen, with the Copenhagen office providing a European domicile structure for access into European markets.

The business model is commission-based transaction revenue on insurance placements. Approximately 75% of business flows through binding authorities with brokers and underwriting agencies, 20% through master policies and schemes, and 5% through open market individual placements. 90% of placements are placed into Lloyd's and specialist London markets. The firm operates with 11 staff and 7 appointed representatives in the UK and overseas, carrying over 250 years of combined broking and underwriting expertise. £55m of GWP is under management, with revenue derived from the commission spread on placements. No funding rounds, parent company, or external institutional investors are disclosed.

Name

Xact Risk Solutions

Legal name

Xact Risk Solutions Ltd

Website

https://xactrisk.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Xact Risk Solutions is an independent wholesale Lloyd's broker placing difficult, non-standard and specialist insurance risks on behalf of brokers across the UK and 16 international markets through binding authorities, master policies and open market placements.

Ownership category

akta.pro rank

Product category

Wholesale Insurance Brokerage

NAICS

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

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

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

akta.pro secondary industry

Professional Liability (E&O) (FSAJAGAC)

Keywords

• Wholesale insurance brokerage
• Lloyd's of London broker
• Specialist risk placement
• Non-standard insurance solutions
• Binding authorities schemes

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Placement Commission: Wholesale broker earning commissions on placements placed through Lloyd's and specialist London markets. 90% of business is placed into the Lloyd's market with almost 100% wholesale distribution model.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Xact Risk Solutions is an independent wholesale insurance broker that places difficult, non-standard and specialist risks on behalf of brokers, intermediaries and specialist partners into Lloyd's of London and the specialist London Market. The company delivers two core service lines: General Insurance (line slips, delegated authorities, schemes, binders, guarantee and parametric performance contracts, European domicile business) and Financial Services (life, accident and sickness cover for impaired lives, hazardous occupations, corporate travel, affinity/membership arrangements, and inheritance tax liability solutions).

Product overview

Xact Risk Solutions is an independent wholesale insurance broker offering specialist risk placement services primarily through Lloyd's and the London Market. The company operates two core product lines: General Insurance (covering commercial and international placements via line slips, delegated authorities, schemes, and binders) and Financial Services (covering life, accident, sickness, and protection products including solutions for impaired lives and hazardous exposures). Additional offerings include Inheritance Tax liability solutions, corporate travel, affinity/membership arrangements, European domicile business from Copenhagen, and guarantee/parametric performance contracts. The business model is wholesale-only, with 90% of placements in Lloyd's and specialist London markets, and operates through binding authorities (75%), master policies/schemes (20%), and open market placements (5%).

Differentiator

Problem solved

Functional benefit

Products and services

• General Insurance

Segments3 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.

• Lloyd's of LondoncoreOthersFully accredited Lloyd's Broker since July 2013 and Lloyd's coverholder since January 2015. 90% of business is placed into the Lloyd's market. This is the primary market for their specialist risk placement services.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Howden: Large independent insurance and reinsurance broker with a wholesale and specialty division placing business into Lloyd's and London markets. Directly comparable as a specialty broker with Lloyd's market access, though operating at materially larger scale than Xact Risk Solutions.
• Marsh Specialty: Specialty division of Marsh McLennan focused on complex, non-standard risk placements at Lloyd's and across the London market. Directly comparable as a wholesale broker placing difficult risks through the same market channels Xact uses, though operating as part of a global firm.
• Lockton: World's largest independent insurance broker with significant specialty and wholesale capabilities. Comparable to Xact as an independent, partnership-driven broker serving complex commercial risks, though operating globally at vastly larger scale.
• RKH Specialty: Specialty insurance broker with strong Lloyd's and London market presence focused on complex commercial placements. Directly comparable as a specialist wholesale broker serving brokers and intermediaries with non-standard risk expertise.
• Capsicum Reinsurance Brokers: Specialty insurance and reinsurance broker headquartered at Lloyd's placing complex and non-standard risks. Comparable as a specialist broker serving difficult placements, with overlapping London market relationships though stronger reinsurance orientation.
• Pen Underwriting: Specialty managing general agent and Lloyd's broker handling non-standard and complex commercial risks through delegated authorities. Comparable as a specialist Lloyd's market firm focused on unusual risks, though structured primarily as a managing agent rather than pure wholesale broker.
• BGB Group: Independent specialist insurance broker placing complex and unusual risks through Lloyd's and London markets. Comparable as a small, specialist wholesale broker focused on difficult commercial placements in similar market channels.

Broad incumbents

• Arthur J. Gallagher: Global insurance brokerage and risk management firm with a significant specialty practice placing complex risks through Lloyd's and London markets. Comparable as a major broker with specialty placement capabilities, though much broader in scope and scale.
• WTW (Willis Towers Watson): Global advisory, broking, and solutions firm with a specialty insurance division placing complex risks at Lloyd's. Comparable as a major broker with specialty placement expertise, though broader in scope and operating as a large diversified firm.
• Aon: Largest global insurance broker with specialty and wholesale capabilities spanning Lloyd's and London market placements. Comparable as a major broker with specialty placement functions, though vastly larger and operating across all insurance lines.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/xact-risk-solutions-ltd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

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 Xact Risk Solutions