Amphitrite Underwriting London (“Amphitrite”), the specialist marine MGA, today announces that it has received full authorisation from the UK Financial Conduct Authority (FCA), effective Wednesday 31st of January 2024.
Since Amphitrite’s launch in 2018, Tysers has acted as the MGA’s regulatory principal, supporting the business through its growth. Amphitrite has since quickly become a recognised leader in the global marine markets, committed to excellence, transparency, and innovation.
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. 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.”
Amphitrite is backed 100% by Arch Capital Group Ltd. (Arch Capital or ACGL) a publicly listed Bermuda exempted company which writes insurance, reinsurance and mortgage insurance on a worldwide basis. Arch Capital is an S&P 500 company (nasdaq: ACGL).