Antares Underwriting Limited
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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 Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 96,978,766.7 | 91,698,113.2 | - | - | - |
| % 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% | - | - | - |

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