Argenta Private Capital Limited launches MAPA with Helios Underwriting

Argenta Private Capital Limited* (APCL), an FCA regulated adviser to Lloyd’s investors, is working with Helios Underwriting PLC (Helios), an AIM listed investment company, to allow investors a unique way to access the Lloyd’s of London market.

This exclusive arrangement with Helios will enable APCL clients to participate in a portfolio of syndicates, curated by Helios’ CEO Martin Reith, without the need to own the underlying capacity. The selection of syndicates will be underwriting across most lines of business written in the Lloyd’s market, ranging from US property and casualty to cyber and satellite. Given current market conditions, the portfolio has the potential to generate significant returns.

The launch of this product comes at a time when market conditions have been improving for a number of years, and the current returns to investors at Lloyd’s look set to be at 15 year highs.

Robert Flach, Managing Director of APCL, said: “Now is the time, given current market conditions, to commit capital to underwriting, rather than buying capacity.

Further, Argenta is able to facilitate a limited number of “starter homes”, without any exposure to the historic back years that usually come with vehicles for sale, which have been granted the rights by Helios to participate on a selection of syndicates for 2024 only, enabling new investors to participate on what is expected to be a profitable underwriting year.

According to APCL, expected returns on capital, excluding any returns that might be generated on the capital provided, of c 24% for the 2024 year of account for its clients.

Kate Tongue, Director of APCL, said: “We are excited to be working with Helios to provide new and innovative solutions for clients to access capacity.

Our forecasts for 2023 and 2024 are the strongest for a number of years, which means the opportunity for investors to get involved at Lloyd’s has never been greater.  These vehicles are a simple and efficient way for individuals to access Lloyd’s returns for the first time which we believe will be attractive to a wider range of investors.”

* Argenta Private Capital Limited is authorised and regulated by the Financial Conduct Authority. Registered office as above. Registered in England No. 741597

**Note that whilst estimates are positive, returns are not guaranteed. The projected returns are dependent on the performance of the market and the performance of the underlying portfolio based on at least a three year cycle; this is a medium to long term investment.