Distinct identity from parent company

The FCA and shareholders have approved the name change of Lloyd’s investment vehicle Hampden Underwriting to Helios Underwriting.

Helios announced the plans to change its name in November to avoid confusion with other parts of the Hampden Group.

Chief executive officer Nigel Hanbury said: “We continue to greatly appreciate the support and services of the Hampden group of companies as founding sponsor, shareholder and service provider.  

“The company continues to see significant opportunities ahead and, as we enter this exciting stage in the company’s development, we are pleased to clarify our distinct identity under the new name.”

Helios made five acquisitions last year and has £20.2m capacity in Lloyd’s this year.