Key facts
- Amiga Specialty has increased capacity for its UK and European transactional risk team.
- The firm is backed by Lloyd's and International General Insurance (IGI).
- The increased capacity aims to provide brokers with greater certainty and larger limits for M&A and transaction activity.
- Amiga Specialty was established in May 2025 and is backed by BP Marsh.
- The firm will develop a more comprehensive transactional risk offering, including warranty and indemnity insurance for mid-market and complex transactions.
Amiga Specialty, a managing general agent (MGA), has announced an increase in capacity for its UK and European transactional risk team, supported by backing from Lloyd's and International General Insurance (IGI). This development aims to enhance the firm's ability to support M&A and transaction activity by offering brokers greater certainty, larger limits, and increased flexibility across various industry sectors and jurisdictions.
Established in May 2025 and backed by publicly listed investment company BP Marsh, Amiga Specialty intends to maintain a disciplined, underwriting-first approach while scaling its transactional risk platform. The enhanced capacity will also facilitate the development of a more comprehensive offering, including warranty and indemnity insurance tailored for mid-market and complex transactions.
Richard Mills, managing director of transactional risks at Amiga Specialty, stated that the new capacity is an "important step forward" for the platform, enabling the firm to offer greater certainty and support for deals across multiple sectors and jurisdictions. Adam Kembrooke, managing director and founder of Amiga Specialty, highlighted transactional risk as a core strategic growth area and emphasized that partnerships with insurers like IGI and Lloyd's allow for responsible expansion and continued delivery of underwriting expertise.