LONDON: Helios Underwriting, the only publicly traded investment vehicle offering access to a diverse portfolio of syndicates at Lloyd’s, the world’s largest insurance market, announced the appointment of Louis Tucker as Chief Executive Officer. Subject to regulatory approval, it is anticipated that Louis will assume the role as CEO and join the Board in October. Louis…
LONDON, UK: Helios, a leading provider of insurance solutions, has announced the acquisition of Chorlton Underwriting Limited, a specialist underwriter of niche and non-standard risks, for £2m. The deal, which was completed on 13 July 2023, is part of Helios’ strategy to increase its underwriting capacity and diversify its product portfolio. Helios paid £1.8m in…
LONDON, UK: Helios Underwriting has acquired North Breache Underwriting Limited, a limited liability member of Lloyd’s of London. The total consideration paid for North Breache was £3.9 million, of which £3.4 million was paid on completion in cash and £0.5 million has been satisfied by the issue of 304,878 new ordinary shares in Helios at…