Amphitrite Underwriting London, a specialist marine hull managing general agent, has moved to full independence following a buyback of Arch’s minority shareholding.
Founded in 2018, Amphitrite received strategic seed investment and capacity backing from Arch entering the market in 2019.
Amphitrite explained the milestone marks “a pivotal step” in its evolution.
Arch will remain as a long-term capacity provider, continuing to lead Amphitrite’s marine hull portfolio in the years ahead.
Milestone
Konstantinos Tampakakis, CEO of Amphitrite, said: “This is a significant milestone in our ongoing journey of transformative growth. Full independence will further enhance
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk