Arkel, a specialist managing general agent (MGA) and part of the Atec Group, has been added to the Utility Warehouse hom
e insurance panel.
The move gives the multiservice provider access to a broader range of non-standard household insurance products for customers whose needs fall outside standard underwriting criteria.
Under the partnership, Arkel will offer A-rated products covering risks such as non-standard construction, complex occupancy types, flood-prone locations, buildings undergoing renovation and previously underpinned properties.
The deal is expected to generate around £3 million in gross written premium (GWP) per year.
Arkel was launched in 2019 as the in-house MGA of Atec Group and has since recorded significant growth. The business reported approximately £42 million in GWP by the end of 2024 and aims to reach £100 million within five years. Its recent capacity deals include a £120 million, three-year facility with AmTrust and a £25 million delegated authority binder from Axis for residential landlords’ insurance.
As part of the wider Atec Group, Arkel contributed to a 34% increase in group turnover in 2023, bringing the total to nearly £20 million. Arkel’s own GWP was expected to grow from £20 million to £30 million during that period.
Utility Warehouse, which bundles services such as energy, broadband, mobile, and insurance, said the addition of Arkel allows it to extend its reach to customers requiring non-standard home cover. Products offered through Arkel are underwritten with support from A-rated insurers and delivered using a tech-enabled underwriting platform designed for complex risks.
Kris Lee (pictured top right), chief underwriting officer at Arkel, said the partnership aligns with the firm’s focus on expanding access to cover for households with non-standard insurance requirements. Meanwhile, Benjamin Wigoder, director of financial services at Utility Warehouse, noted that the arrangement adds further range and flexibility to the company’s existing panel offering.
