Marine MGA Amphitrite gets FCA approval
Specialist marine MGA Amphitrite Underwriting London has received full authorisation from the UK Financial Conduct Authority (FCA), effective January 31.
Amphitrite is backed 100% by Bermuda-listed re/insurer Arch Capital Group.
Since Amphitrite’s launch in 2018, Tysers has acted as the MGA’s regulatory principal to support the business through its growth.
Konstantinos Tampakakis, CEO of Amphitrite, said: “Securing FCA approval is a testament to the excellence and professionalism of the team. This is a pivotal moment in our journey and marks an exciting new phase for our business. We are now able to realise our growth ambitions and further capitalise on the opportunities in the specialist marine market.”
He added: “Tysers has proven a valuable and stable partner, and I would like to thank them for their continued regulatory support and for all their efforts in securing our success.”
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