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Skyward Specialty to acquire Lloyd’s specialist Apollo for $555m

Written by Adam Cadle
05/09/2025

Skyward Specialty Insurance Group is to acquire Lloyd’s specialist, Apollo Group Holdings, for $555m.

With Apollo, Skyward will add roughly $1.5bn of managed premium from US-focused Apollo.

Apollo CEO, David Ibeson, said: “We have been building a relationship with Skyward Specialty for nearly two years, and during that time, we have had a number of opportunities to collaborate.

“We very quickly understood that we had a common view of the future of the specialty market and a shared understanding of how to position our respective organisations to win.”


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