Skyward Specialty Acquires Apollo Group: Strategic Industry Move

Skyward Specialty Completes Strategic Acquisition of Apollo Group

Skyward Specialty Insurance Group, Inc., a key player in the property and casualty insurance industry, has officially rebranded its holding company as Skyward Group. This development marks the completion of the strategic acquisition of Apollo Group Holdings Limited, an esteemed specialist in the Lloyd's insurance market. The acquisition not only strengthens Skyward's market position but also aligns with evolving regulatory compliance requirements.

On September 3, 2025, Skyward Specialty finalized its $555 million purchase of Apollo Group. The deal involved acquiring shares from stakeholders such as Alchemy, management, employees, and other strategic investors. Securing the necessary regulatory and minority shareholder approvals in December 2025, the transaction reached completion on January 1, 2026. Despite the changes, both Skyward Specialty and Apollo will continue their operations under their existing brand names within the newly formed Skyward Group, ensuring seamless integration with a focus on risk management and underwriting excellence.

Andrew Robinson, Chairman and CEO of Skyward Group, highlighted the importance of maintaining the distinct brand identities, stating, “Skyward Group does not replace Skyward Specialty and Apollo, our well-respected and highly recognizable brands.” By preserving these identities, Skyward Group aims to leverage each subsidiary's established reputations for innovation and regulatory compliance, while fostering a unified strategic vision and enhancing communication efforts among investors, distribution partners, and other key stakeholders.