London, 4 August 2026 – Accredited Insurance (Europe) Limited (“Accredited”) and Hellenic Hull Management (HM Insurance Agencies) Ltd (“Hellenic Hull”) are pleased to announce a new delegated authority partnership covering Hull & Machinery, ancillary marine risks and Marine Cargo.
The agreement establishes Hellenic Hull as Accredited’s first dedicated MGA partner for these classes and marks Accredited’s strategic move into specialist ocean marine underwriting.
Accredited, an insurer with an AM Best Financial Strength Rating of A- (Excellent), selected Hellenic Hull following a detailed review of the company’s underwriting expertise, claims capabilities, governance, market relationships and long-standing track record in managing delegated marine insurance business.
Hellenic Hull has been active in marine insurance for more than 30 years, with a particular focus on Greek and Cypriot shipowners, together with selected international business. Under the agreement, Hellenic Hull will underwrite a targeted portfolio of marine risks on behalf of Accredited, subject to agreed underwriting guidelines and individual risk assessment.
The partnership brings together Accredited’s experience in building long-term relationships with specialist MGAs and Hellenic Hull’s established marine underwriting, claims, governance and distribution capabilities.
Marco Hensemberger, Head of Specialty and Business Development at Accredited, commented:
“Accredited’s business model is built around long-term partnerships with specialist MGAs. Hellenic Hull’s depth of marine expertise, established distribution, integrated claims capabilities and disciplined underwriting approach made it the right partner for our first dedicated Hull & Machinery and Marine Cargo program.
“We look forward to working with Ilias and his team to develop a profitable and sustainable marine portfolio together.”
Ilias Tsakiris, Chief Executive Officer of Hellenic Hull, commented:
“We are very pleased to welcome Accredited as a new partner and particularly proud that Hellenic Hull has been selected for its first dedicated ocean marine program.
“That decision represents a significant vote of confidence in our people, underwriting discipline, claims capabilities and long-standing relationships with brokers and shipowners.
“Accredited’s financial strength, long-term approach and commitment to specialist MGA partnerships will be important to the success of the program. We look forward to introducing Accredited to the major shipping markets of Greece and Cyprus, together with selected international business, and to building a strong and lasting partnership.”
About Accredited
Accredited is a leading global specialty insurer operating across the United States, the United Kingdom and Europe. It partners with specialist MGAs and reinsurers to provide insurance capacity across a diversified range of programs.
Accredited Insurance (Europe) Limited is a Malta-based insurer providing capacity solutions in the UK and across Europe and has an AM Best Financial Strength Rating of A- (Excellent).
About Hellenic Hull
Founded in Cyprus in 1994, Hellenic Hull is a specialist marine insurance underwriting and management company operating from Piraeus and Limassol and serving Greek, Cypriot and selected international shipping markets.
Over more than three decades, Hellenic Hull has cumulatively underwritten more than 20,000 vessels, worked with over 1,000 ship management companies and generated more than USD 425 million in gross written premium on behalf of its insurance partners.
Since 2016, Hellenic Hull has managed the European operations of The American Club across Hull & Machinery and P&I in cooperation with Shipowners Claims Bureau, Inc. The company also maintains a delegated authority partnership with SiriusPoint (S&P A Stable), supporting its wider development across specialist marine classes.
Hellenic Hull combines the underwriting, claims, compliance and operational capabilities of a specialist marine insurer with the flexibility and cost discipline of an MGA.
Media enquiries
Hellenic Hull Management
- Mrs Ioanna Skondra
- Marketing Manager
- marketing@hma.com.cy
- +30 210 4522395
Accredited Insurance
- Tom Blackwell
- FTI Consulting
- tom.blackwell@fticonsulting.com
- +44 (0)7747 113 919
