Bridgehaven unveils new strategic partnership with Amiga Specialty
Hybrid fronting insurer Bridgehaven Specialty UK has announced a new strategic underwriting partnership with Amiga Specialty to provide long-term capacity supporting the continued growth of Amiga's Underwriting insurance platform.
According to the companies the new partnership brings together Bridgehaven's capacity, governance and delegated underwriting expertise with Amiga's specialist underwriting talent, technology-driven operating model and ambitious growth strategy. Bridgehaven is focused on supporting exceptional underwriting businesses that combine technical excellence, strong governance and entrepreneurial ambition. Amiga embodies those qualities and has demonstrated a clear vision for building a leading international specialty MGA.
The arrangement focuses initially across selected Financial Lines classes of business, with the expectation that further new lines of business will be added as they are introduced.
Paul Dilley, chief underwriting officer of Bridgehaven, commented: “Bridgehaven’s decision to partner with Amiga follows an extensive assessment of the MGA's leadership team, underwriting capability, governance framework and strategic growth plans. The team at Amiga has a strong track record of building high-quality books of business from scratch and we are delighted to provide capacity to support the next phase of Amiga's growth. This partnership reflects our commitment to working with high-quality underwriting teams and building long-term relationships that create sustainable value for all stakeholders.”
Adam Kembrooke, founder and group chief executive of Amiga Specialty, said: “I am delighted that Amiga will be partnering with Bridgehaven. From our earliest conversations, it was clear to me that we share the same cultural ethos, ambitions and desire to build something for the long term, underpinned by strong relationships, trust and a real commitment to underwriting excellence.
“Finding the right capacity partners is hugely important to us at Amiga. Bridgehaven understands what we are building with the team and where we want to take the business. Their support gives us an excellent platform to continue growing our underwriting offering and, over time, to develop new products and capabilities together. I am really looking forward to what we can achieve through this partnership.”
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