London-based MGA secures long-term capacity from Bridgehaven

Bridgehaven Specialty UK has entered into a strategic underwriting partnership with Amiga Specialty to provide long-term capacity for the MGA’s underwriting platform.

The agreement brings together Bridgehaven’s underwriting capacity and delegated authority expertise with Amiga’s specialist underwriting capabilities and growth strategy.

Bridgehaven said that the arrangement reflects its strategy of supporting specialist underwriting businesses with strong governance frameworks, technical expertise and growth ambitions.

Paul Dilley, chief underwriting officer at Bridgehaven, said: “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.”

Focus

The partnership will initially focus on selected financial lines classes of business, with further products expected to be added as the relationship develops.

Adam Kembrooke, founder and group chief executive at Amiga, said: ”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.

“Its 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.”