Leading Personal Lines Insurance Broker

Offer Deadline:

SOLD

Project Jupiter

Hilco is delighted to offer for sale the business and assets of Project Jupiter, a leading UK personal lines insurance broker with a proven record of writing motor vehicle insurance policies. The proposed sale offers a purchaser an excellent opportunity to acquire an established business in the sector with scope to scale existing operations or as a bolt on to an established organisation.    

The salient details on the business are as follows:

• Long established broker with an excellent reputation for writing vehicle insurance policies.
• Class leading policy platform delivering a seamless digital customer journey as well as providing detailed bespoke insight and data analysis.
• Mobile based technology with self-serve portal for MTA’s and renewals and offering  multiple premium finance options.
• Integrated partnerships with leading UK price comparison websites with the platform providing real time data exchange and allowing complete insurer integration.
• 10 years of vehicle demographic and claims data with approx. 1.25m policies written.
• Excellent customer satisfaction ratings on defaqto.
• Turnover for 9 months to 31^st December 2022 c.£12m.

Business Assets

Available assets include:

Intellectual Property Assets – the established brand name, trademarks, policy platform, historical data, copyright in the website content, domain name and Company published literature.

Partner Relationships – the existing business partner agreements and relationships 

Organisational Knowledge  – an established team with a detailed understanding of the market and products 

Goodwill – the valuable goodwill attaching to the business