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Arch Insurance International invests in insurtech personal lines insurer

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Arch Insurance International invests in insurtech personal lines insurer

Arch Insurance International has made an investment in Archipelago Risk Services Ltd., an insurance technology personal lines insurer.

Archipelago Risk Services, backed with underwriting capacity from Arch Insurance (UK) Ltd., formerly known as Arch Insurance Co. (Europe) Ltd., will underwrite only intermediated business. Angus Simpson, one of the company's founders, will serve as CEO.

Archipelago Risk Services is based in London. It is wholly owned by Blue Sky Partners Ltd., a company jointly owned by management and Arch UK Holdings Ltd.