ECI Partners, the leading growth-focused mid-market private equity firm, announces its investment in Insurance Insider, a leading digital platform providing insight and analysis for the world’s top insurers, distributors, service providers and investors.  Their service offering helps customers to uncover new business opportunities and protect against risk through its exclusive insights, deep analysis and data solutions.

ECI is partnering with Insurance Insider’s management team to leverage its unparalleled market position and deep expertise in the Property & Casualty (P&C) insurance industry to accelerate its growth strategy.

Insurance Insider was part of Delinian, which owns a portfolio of companies that provide data, insights, accreditation and events in select global markets.  Delinian is focused on value creation and realisation across its portfolio through a three-part strategy of Invest, Grow and Divest. Delinian, formerly Euromoney Institutional Investor PLC, was acquired by Epiris in 2022.

A pioneer since 1996, Insurance Insider has expanded significantly across and beyond the London (re)insurance market to become the leading market intelligence provider in the 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 inflection 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.

Advisors to ECI:

• M&A – Raymond James
• Financial & Tax – EY
• Legal – Squire Patton Boggs
• CDD – Simon-Kuchar Partners and Plural
• Operations & IT – PwC

Advisors to Delinian / Insurance Insider: 

• Legal – Foot Anstey
• Advisors to management – PriestlySoundy

ENDS

About Insurance Insider

Insurance Insider’s mission is to help market participants of the complex P&C insurance industry to outcompete by empowering them with unique, timely and actionable insights. 

Led by Mariana Valle (ex Euromoney, Acuris and Debtwire), Insurance Insider has an experienced and tenured team based in London, New York and Bulgaria. It operates with a true entrepreneurial spirit, growing organically to launch two new products in the last 10 years, and expanding into data solutions recently with its M&A Deal Tracker and Talent Tracker amongst other tools.

About Delinian

Delinian owns a portfolio of companies that provide data, insights, accreditation and events in select global markets. The individual portfolio companies benefit from owning some of the most highly respected brands in their sectors and are leveraging a rich history of proprietary data, first-hand knowledge and deep experience within their specialised markets.

Delinian is focused on value creation and realisation across its portfolio through a three-part strategy of Invest, Grow and Divest. Delinian, formerly Euromoney Institutional Investor PLC, was acquired by Epiris in 2022.

About ECI

ECI is a leading private equity investor, focused on offering collaborative support to management teams. ECI prides itself on being straightforward to deal with, helping where it believes it can add value, and working in absolute alignment with management teams. This is how it has delivered such exceptional results for over 45 years.

ECI manages funds of over £2bn and invests in growth businesses valued up to £300m, investing as either a majority or a minority investor. Its growth focus is integral to how it has built its team. ECI has created the capability to support management teams on anything, from sourcing and executing acquisitions, developing market entry strategies, understanding and improving employee engagement, or ensuring tech platforms can scale as quickly as the companies they back, and much more.

ECI closed its latest fund, ECI 12, at a hard cap of £1bn, marking a 40% increase on its predecessor.