Argenta Private Capital & Helios launch capital efficient Lloyd’s Starter Homes for 2025

Argenta Private Capital Limited (APCL) and Helios Underwriting PLC have launched a 2025 round of Starter Homes investment vehicles, that offer a capital efficient way for investors to access the returns of the Lloyd’s insurance and reinsurance market.

The Starter Homes provide investors with a way to access the returns of the Lloyd’s market via a rental fee, so without needing to own the underlying capacity the firms explained.

The structure is also capital efficient for investors, given they do not need to match the amounts invested to the capacity they will be supporting.

Argenta Private Capital Limited (APCL) is an FCA regulated adviser to Lloyd’s investors, while listed company Helios Underwriting PLC acquires and manages Lloyd’s capacity structures.

The Starter Homes structure means that investors do not need to own the underlying capacity, paying a rental fee instead.

This enables investors to put the majority of their capital to work in underwriting risk in the Lloyd’s market, so they can quickly ramp up their exposure and benefit from market conditions.

In addition, renting rather than buying reduces the required capital commitment for new investors.

A further attraction for investors is the fact the commitment of capital is an investment across a portfolio of syndicates, curated by Helios, and for a single Lloyd’s Year of Account (YoA), in this case the 2025 YoA.

So investors gain access to returns from diversified classes of insurance and reinsurance business underwritten in Lloyd’s, without any exposure to historic back years. Which can also enable investors to take advantage of any new syndicates launched during 2025 within their Starter Home, while they can flex their portfolio for 2026 onwards, Argenta Private Capital explained.

The Starter Homes have low capital requirements, beginning at 21% in Year One and reaching 50% of capacity by Year Three, thanks to the diversified nature of the Helios portfolio.

Argenta Private Capital also highlighted that potential investors can commit capital to a Starter Home up until 30th of June or later, subject to Helios’ agreement, so negating some of the time constraints of the traditional Lloyd’s capacity auction process which conclude in November each year.

Robert Flach, Managing Director of APCL, commented, “Returns at Lloyd’s continue to outperform global trends and most indices. At Argenta, our role is to provide an ever-broadening cohort of investors access to this unique opportunity.

“Our Starter Home initiative with Helios was designed to do just that: broaden access to Lloyd’s to new investors. After the remarkable success of the first round, I am therefore pleased to announce the second iteration of the product.”

Kate Tongue, Director of APCL, added, “Investing at Lloyd’s remains a highly attractive proposition for individuals and comes with defined tax incentives. We are very pleased indeed that we can today announce this next round of Starter Homes, and continue to broaden access to Lloyd’s to a growing numbers of private investors.”