Arkel has announced an extension of its relationship with AmTrust, securing an increased limit of £120 million gross written premium (GWP) A-rated capacity over the next three years for non-standard household insurance.
According to a news release, the agreement brings Arkel’s total annual capacity to £65 million GWP, complementing its panel of long-term capacity providers and signalling a new phase in its growth strategy.
Launched six years ago, Arkel, a specialist multi-line managing general agent (MGA), has witnessed sustainable year-on-year growth, reaching £42 million GWP at the end of 2024. The company has set a target to achieve £100 million GWP within the next five years.
The MGA attributes its rapid rise and growing market share to reliable capacity relationships. It said the extension of its relationship with AmTrust provides further evidence of its disciplined approach to underwriting and strong focus on data and technology-driven innovation.
“We’re delighted to announce this extension of our relationship and an increased limit with AmTrust,” said Kris Lee, chief underwriting officer at Arkel. “We had reached a tipping point with more demand for our products than we were able to meet. This additional capacity will take the shackles off. It will allow us to service a number of exciting significant deals already in our pipeline and further invest in developing and extending our extensive product range to deliver even more value for our capacity and broker partners.”
Bruce Whitmee, CEO at AmTrust Speciality Limited, also welcomed the extended partnership. “We’re pleased to extend our long-standing relationship with Arkel, a business whose appetite, and nimble entrepreneurial approach is very much aligned with our own,” he said. “We believe in partnering with trustworthy MGAs with strong distribution capabilities, reliable data, and strong underwriting discipline that deliver sustainable growth.”
This move comes amidst a dynamic 2025 landscape for UK non-standard home insurance. A broker survey from April, released by Prestige Underwriting, reported a strong rise in requests for non‑standard home insurance. Brokers cited unoccupied properties (75%) and flood‑risk homes (64%) as top areas of growing need – up, notably, from 55% in the previous year.
What are your thoughts on the recent announcement? Share your insights in the comments below.
