Dale Underwriting Partners
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Dale Underwriting Partners - overview
Established
2014
Location
London, -, UK
Primary Industry
Insurance
About
Based in London, UK, and founded in 2014 by CEO Duncan Dale, Lloyd's Syndicate 1729, trading as Dale Underwriting Partners, operates as a provider of underwriting services such as insurance and reinsurance lines to brokers and clients. Dale Managing Agency Limited's Lloyd's Syndicate 1729 operates through Lloyd’s Syndicate 1729 and Dale Dual MGU Limited. Additionally, in September 2023, CVC Capital Partners agreed to acquire a majority stake in Dale Underwriting Partners. The transaction was completed in December of that same year.
Dale Underwriting Partners provides Casualty portfolio underwritten services such as medical malpractice, workmen’s compensation, professional liability, and general liability. The company offers property insurance and claim services for open market, delegated authority business, and transportation. In addition, the firm provides a variety of services such as energy coverage and services, Health, and Personal Accident products, and many more. Dale Underwriting Partners offers reinsurance services for property and marine treaty to support their client.
Current Investors
Primary Industry
Insurance
Sub Industries
Claims Administration & Processing, Commercial Insurance, Insurance Intermediaries, Personal Insurance, Reinsurance
Website
www.daleuw.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Dale Underwriting Partners - timeline of key events
Dale Underwriting Partners - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,506,135 | 4,232,584 | 5,708,037 | 7,488,107 | 7,744,604 | 8,040,141 | 8,646,808 | 11,537,180 | - | - | - |
| % Revenue Growth (YoY) | - | 20.7% | 34.9% | 31.2% | 3.4% | 3.8% | 7.5% | 33.4% | - | - | - |
| EBITDA (USD) | (9,563) | 31,950 | 124,870 | 175,667 | 112,997 | 129,964 | 113,337 | 100,090 | - | - | - |
| Operating Income (USD) | (28,343) | (15,222) | 77,698 | 60,801 | 13,924 | 25,104 | 25,134 | 10,744 | - | - | - |
| Operating Margin | (0.8%) | (0.4%) | 1.4% | 0.8% | 0.2% | 0.3% | 0.3% | 0.1% | - | - | - |
| % EBITDA Margin | (0.3%) | 0.8% | 2.2% | 2.3% | 1.5% | 1.6% | 1.3% | 0.9% | - | - | - |
| NET Income (USD) | (35,286) | (23,581) | 45,637 | 21,894 | (11,008) | 138 | 14,390 | (5,284) | - | - | - |
| % Net Margin | (1.0%) | (0.6%) | 0.8% | 0.3% | (0.1%) | 0.0% | 0.2% | (0.0%) | - | - | - |
Dale Underwriting Partners - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Dale Underwriting Partners | - |
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Dale Underwriting Partners - employee data
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