✉news BusinessStartups first seen 18 h ago, last 11 min ago, peak #1
B.P. Marsh acquires 30% stake in marine underwriting startup
Original: B.P. Marsh takes 30% of marine underwriting startup
Specialist insurance investor B.P. Marsh & Partners has taken a 30% stake in a marine underwriting startup, according to Business Insurance. The investment gives the London-listed firm an early position in a specialist shipping-risk venture. No details on the startup's name or deal value were given in the report. Specialist investors have been actively backing niche underwriting businesses as the marine insurance market draws new entrants.
Why now: Investors follow B.P. Marsh's pattern of early-stage stakes in specialist insurance ventures.
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- B.P. Marsh takes 30% of marine underwriting startup · Business Insurance
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