Arch Insurance International Invests in Tech-Driven MGA

Arch Insurance International has announced its investment in London-based  Archipelago Risk Services , a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK) Limited.

Archipelago is a personal lines MGA founded by former Aon executives Angus Simpson, who will serve as CEO, and Richard Coleman. The company will distribute its products in the UK covering home, motor, travel, pet and residential investment property through wealth managers and selected specialized personal lines brokers.

The Archipelago platform was developed to help distribution partners grow and manage their client accounts by automating much of the customer journey and reducing the burden and cost of administration and compliance. It also enhances customer service by minimizing policy application question sets and providing clients the option of digitizing their claims process.

“Our investment in Archipelago allows us to offer an innovative and differentiated way to serve mid- to high-net-worth individuals in the UK. Archipelago is the newest part of our overall UK growth strategy.” – Arch Insurance International CEO, Hugh Sturgess.

“We founded Archipelago from our desire to improve personal lines for everyone involved. In creating our new platform, we re-examined every part of the business model and, crucially, the service to our distribution partners and their clients.” – Angus Simpson.

// Archipelago is wholly owned by Blue Sky Partners Ltd, a company jointly owned by management and Arch UK Holdings Ltd.