Predict your next investment

EC3 Brokers company logo
FINANCIAL | Insurance / Insurance Broker
ec3brokers.com

See what CB Insights has to offer

Founded Year

2013

Stage

Private Equity - II | Alive

Total Raised

$6.69M

About EC3 Brokers

EC3 Brokers is an independent Lloyds of London intermediary with decades of combined London market experience. It specializes in servicing reinsurance and program clients.

EC3 Brokers Headquarter Location

3rd Floor Dukes House 32-38 Dukes Place

London, England, EC3A 7LP,

United Kingdom

+44 02031501970

Latest EC3 Brokers News

Private Equity Investor BP Marsh Increases Stake in EC3 Brokers

Oct 13, 2020

October 13, 2020 EC3 Brokers has received a new investment from existing shareholder BP Marsh & Partners, which will take its holding in the broker to 35%. This investment will help London-based EC3 Brokers broaden its offering and attract entrepreneurial teams to develop new market-leading products. Formed in 2013 by CEO Danny Driscoll, EC3 Brokers is an independent commercial lines Lloyd’s broker, headquartered in London, with subsidiaries in the U.S. and the Dubai International Financial Centre (DIFC). With 50 employees, EC3 Brokers operates in the reinsurance and MGA world, specializing in wholesale property, and U.S. construction, as well as global entertainment/contingency. “This new investment is a very welcome endorsement of our business and will enable us to further enhance our presence in the entertainment sector, while developing new products and strengthening our existing capabilities via new teams and potential acquisitions,” said Driscoll. “BP Marsh have been a strong supporter since our formation, and we welcome their continued involvement.” In December 2017, BP Marsh & Partners Plc originally took a 20% equity stake in EC3 for a total cash consideration of £5 million. The company is a specialist investor in early stage financial services intermediary businesses, including insurance intermediaries, financial advisers, wealth and fund managers and specialist advisory and consultancy firms. The full terms of the transaction are not disclosed and closing is subject to obtaining relevant regulatory approvals. Source: EC3 Brokers

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.