Axiom Underwriting now part of Arch UK regional division
Deal follows Arch's purchase of Ardonagh's commercial MGA businesses last year.
Arch Insurance (UK), part of Arch Insurance International, has purchased Axiom Underwriting.
Axiom had a GWP of £20m in 2018 and will now join the Arch UK regional division, specialising in commercial property, casualty, motor, professional liability, personal accident and travel.
The transaction means that twenty Axiom employees will move to Arch.
Arch bought Ardonagh Group’s commercial MGA businesses last November in a deal worth £31m.
CEO of Arch UK, Steve Bashford said: “We are pleased
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