Scorpius Mga Limited secures £349k investment

A funding round of £349k has been completed by Scorpius Mga Limited, a London-based dedicated underwriting platform. This capital injection results in a post-money valuation of £698k for the entity. The company provides Managing General Agents with access to underwriting capacity, operational support, and governance services.

Incorporated in 2023, the firm operates in the non-life insurance sector and connects profitable business from these agents with Antares Insurance Company and third-party markets. It serves brokers, underwriting partners, and customers within specialist and retail segments. These services are offered both within the UK and internationally.

Regulatory updates show that Qic Antares Holdings Limited was notified as a person with significant control in January 2026, holding between 75 and 100 percent of the shares. Formal documentation and share allotments were filed in late 2025 (December 2025). The company's latest accounts were prepared for the year ended 31 December 2024.