High Multiple

Cyber Insurance Broker — Business Valuation Multiple

EBITDA Valuation Guide · Small & Mid-Sized Businesses

Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.

Min

7×

Typical

9×

Max

12×

Revenue Model

Recurring

Capital Intensity

Low

7×Typical EBITDA Range12×

A typical multiple of 9× EBITDA reflects mid-market transactions in the $1–$50M revenue range.

Overview

Specialist cyber insurance broking businesses typically trade at 7×–12× EBITDA. Rapidly growing corporate cyber insurance premium market, FCA-authorised broker status, and technical cybersecurity advisory alongside insurance placement support premium valuations. Consolidator demand in the insurance intermediary market has kept multiples elevated. Claims volatility in the cyber insurance market and capacity withdrawal by underwriters are the primary risk factors.

Key Value Drivers

  • Rapidly growing cyber insurance premium market
  • FCA-authorised broker status
  • Technical cybersecurity advisory capability
  • Cross-sell from technology and professional insurance
  • Consolidator acquisition demand

Key Risks

  • Cyber claims volatility affecting capacity
  • Underwriter capacity withdrawal in hard market
  • Regulatory complexity in cyber compliance
  • Premium inflation eroding client affordability
  • Competition from general insurance brokers

Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.