Arch Insurance International invests in MGA
Archipelago, a personal lines managing general agent has been set up by former Aon-executives Richard Coleman and Angus Simpson.
Arch Insurance International has announced its investment in Archipelago Risk Services, a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK) Limited (formerly Arch Insurance Company (Europe).
The investment and underwriting capacity are both for an undisclosed sum.
Archipelago is a new insurtech personal lines provider, created by Angus Simpson who will be CEO and Richard Coleman. Both were previously Aon executives.
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