Helios builds Lloyd’s capacity with £3.2m acquisition

Lloyd’s investment vehicle  Helios Underwriting has acquired a Limited Liability Vehicle (LLV) for £3.2 million as it continues to build its capacity.

Helios has completed the acquisition of Park Farm Underwriting, which provides access to syndicate capacity of £2.3 million on the Freehold Syndicate.

The total cash consideration for the acquisition was £3.2 million.

The transaction is in line with Helios’ strategy to expand its underwriting capacity through LLV acquisitions.

Helios provides a limited liability direct investment into the Lloyd’s insurance market. It trades within Lloyd’s writing approximately £310.8 million of capacity for the 2023 account.

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