Delinian announces the divestment of Insurance Insider to ECI Partners. ECI is a leading growth-focused mid-market private equity firm – focused on offering collaborative support to management teams.
Insurance Insider helps the world’s top insurers, distributors, service providers and investors to uncover new business opportunities and protect against risks through its exclusive insights, deep analysis and data solutions.
A pioneer since 1996, the business has expanded significantly across and beyond the London (re)insurance market to become the leading market intelligence provider in the Property & Casualty (P&C) and specialty (re)insurance markets.
Operating across three main products, it covers the global (re)insurance market that flows through London, the US P&C market and insurance-linked securities.
Mariana Valle, Managing Director at Insurance Insider, commented:
“Insurance Insider has been at the forefront of the insurance industry for nearly 30 years, and we are now at an inflexion point. We have found an ideal partner in ECI, who can help us realise our vision and ambition to become the go-to source of intelligence, insights and data to the global P&C industry. I am immensely excited for what is ahead of us and what we can achieve alongside ECI.”
Toby Fitzherbert, Investment Director at ECI, commented:
“We are absolutely delighted to be partnering with Insurance Insider for the next stage of their growth. We have been thoroughly impressed by Mariana and her team, who have built a category market leader that is trusted by its clients to deliver depth of expertise and quality insights in the complex non-standard insurance industry. Insurance Insider’s customer retention demonstrates the value of those insights in a fast-moving sector, and there is a fantastic opportunity for the business to serve more customers and enhance its product offering, both in the UK and the US.”
Andrew Pinder, Group CEO at Delinian, added:
“We are delighted that ECI Partners have recognised the exceptional growth of Insurance Insider, its position at the heart of the P&C insurance industry and its longer-term expansion opportunities. We look forward to watching the business fulfil its potential under new ownership.”
Ian Wood, Partner and Head of the Investment Team at Epiris, commented:
“When we bought Delinian in 2022, we saw the opportunity to unlock the value of its portfolio of highly respected global brands by investing in them to create a collection of great businesses that would appeal to the right buyers. We congratulate Andrew, Mariana and their respective teams on delivering an outstanding result, one that follows hot on the heels of Delinian’s sales earlier this year of IMN and IJGlobal.”
The deal is expected to complete before the end of 2024.
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5 September 2024