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Specialist Underwriting Agency Trading Online From Edinburgh
Edinburgh, City of Edinburgh, ScotlandIdentity protected
Available
About this business
This managing general agent writes specialist cover on behalf of insurers, with its own underwriters pricing risks and setting terms within the authority it holds. Its products sit in niches the mainstream market handles less well, such as non-standard property and small specialist trades. It has traded since 2016, has no premises and employs 34 people working remotely. Turnover has grown each year to £4m and adjusted EBITDA to £720k, up from £453k in 2021, so margins have improved steadily. Any buyer will need the insurers' consent to continue the underwriting arrangements.
Key investment highlights
- Adjusted EBITDA up from £453k to £720k
- Turnover has grown in every year since 2021
- Team of 34 working fully remotely
- Net assets of £1.72m
Reason for sale
The founders plan to retire and have chosen to sell while the agency is still growing.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover rose +4.0% in 2026.
- 2021: baseline
- 2022 (+2.5%)
- 2023 (+5.1%)
- 2024 (+3.4%)
- 2025 (+2.7%)
- 2026 (+4.0%)
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 13.5% in 2021 to 18.0% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.