✉news BusinessStartups first seen 19 h ago, last 1 h ago, peak #1
B.P. Marsh acquires 30% stake in marine underwriting startup
Original: B.P. Marsh takes 30% of marine underwriting startup
Specialist investor B.P. Marsh & Partners has taken a 30% stake in a marine underwriting startup, according to Business Insurance. The deal gives the London-listed investment firm an early position in the specialty marine insurance market. B.P. Marsh is known for backing early-stage financial services businesses, and the move fits its strategy of taking minority positions in niche underwriting ventures.
Why now: B.P. Marsh's investment activity is closely followed in the insurance sector, making news of a new stake in a marine startup notable to industry watchers.
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- B.P. Marsh takes 30% of marine underwriting startup · Business Insurance
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