Arch buys Obelisk Underwriting

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The business is to become part of the Arch UK Regional Division and follows its deal to buy Axiom Underwriting earlier this month.

Arch Insurance (UK), part of Arch Insurance International, has completed the acquisition of Obelisk Underwriting, a specialist underwriting agency.

The acquired business, which Arch stated generated approximately £5m of gross written premium in 2018, will become part of the recently formed Arch UK Regional Division, which is focused on commercial property, casualty, motor, professional liability, personal accident and travel.

Additional employees will also join Arch as a result of the

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