Vessel Protect

Vessel Protect is an MGA specializing in the underwriting of Marine War Risks and K&R (Piracy). Founded in 2020, the company is backed by leading Lloyd's syndicates, offering a significant automatic capacity of USD 175m with additional capacity for War P&I up to Hull values. They also provide K&R cover up to USD 20m and Increased Value/Total Loss Only cover up to USD 30m. Operating in the Insurance, Insurtech, and Health insurance industries, Vessel Protect has potential to disrupt the traditional marine insurance market. With a focus on high-value coverages and strong financial backing, the company presents an attractive opportunity for investors looking to diversify their portfolio within the insurtech space. However, the lack of information regarding the headquarter and the last investment raises questions concerning the company's current status and growth trajectory, which may impact investor confidence.