Antares Underwriting Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Antares Underwriting Limited - overview

Established

2007

Location

London, -, UK

Primary Industry

Insurance

About

Antares Underwriting Limited specializes in providing tailored insurance and reinsurance solutions for diverse clientele, including SMEs, corporations, and individual consumers, across various international markets. Founded in 2007, Antares Underwriting Limited operates in the insurance sector, focusing on providing comprehensive insurance solutions. The company is headquartered in London, United Kingdom, and has expanded its operations to regions including the European Economic Area (EEA), Bermuda, Singapore, and Qatar. Alexander Craggs serves as the CEO, leading the firm in its strategic objectives and operational growth.


Antares provides a comprehensive suite of local and international insurance and reinsurance solutions tailored to meet the diverse needs of its clientele, which includes small and medium enterprises (SMEs), large corporations, and individual consumers. The company’s primary offerings encompass accident and health insurance, cargo and casualty coverage, cyber and technology insurance, as well as marine and property treaties. These products are designed to address complex business risks and personal insurance needs, facilitating risk transfer solutions that are critical for maintaining operational stability and mitigating financial loss. Antares operates across various geographical markets, including the United Kingdom, European Economic Area (EEA), Bermuda, Singapore, and Qatar, ensuring that its products are accessible to a broad spectrum of clients engaged in diverse industries and sectors.


Antares generates revenue through a structured transaction model that typically involves underwriting agreements, where clients pay premiums for insurance coverage based on specific product offerings. The firm engages in business-to-business (B2B) relationships, providing insurance products to brokers and large enterprises while also catering to direct consumers for personal lines. For instance, clients may enter into contracts for casualty or property insurance, where the pricing is determined by factors such as the level of coverage and the associated risks. Revenue is derived from these premium payments, and the company’s flagship products, including cyber insurance and marine risk coverage, are integral to its financial performance.


The structured approach to transactions allows Antares to maintain a steady revenue stream while providing tailored solutions to its diverse client base.


Primary Industry

Insurance

Sub Industries

Insurance

Website

www.antaresunderwriting.com

Total Amount Raised

Subscriber access only

Antares Underwriting Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)96,978,766.791,698,113.2---
% Revenue Growth (YoY)-(5.4%)---
EBITDA (USD)-----
Operating Income (USD)-----
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)(6,822,063.8)4,333,040.8---
% Net Margin(7.0%)4.7%---

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.