Brokers and deal advisers handling larger UK and European M&A transactions will have access to higher transactional risk limits after Amiga Specialty secured additional capacity backed by IGI and Lloyd’s.
The London-based managing general agent said the backing will support its transactional risks team across corporate deal activity, including warranty & indemnity insurance for mid-market and complex transactions. Amiga said the arrangement is intended to provide higher limits and more flexibility for placements involving multiple sectors and jurisdictions.
“This new capacity marks an important step forward for our transactional risks platform. With the support of IGI and Lloyd’s, we can offer brokers greater certainty, larger limits, and the ability to support deals across multiple sectors and jurisdictions. It positions us strongly as we continue to grow alongside our clients and their advisers,” said Richard Mills, managing director of transactional risks at Amiga Specialty.
“Transactional risk remains a core strategic growth area for Amiga,” said Adam Kembrooke, managing director and founder of Amiga Specialty. “Partnering with high-quality global insurers like IGI and Lloyd’s enables us to expand responsibly, support more complex transactions, and continue delivering the underwriting expertise and service our broker partners expect.”
The capacity move follows a series of underwriting arrangements since Amiga’s 2025 launch. Amiga has also secured Lloyd’s capacity to support its financial institutions proposition, aimed at underwriting risks across the UK, Europe and international markets through Lloyd’s licensing infrastructure. That offering targets asset managers, investment firms, funds, banks and fintech firms and is led by managing director Jamie Ricketts. In addition, Amiga has Lloyd’s capacity for a management liability proposition targeting SME and mid-market businesses, covering D&O and management liability risks in selected territories.
Amiga also secured multi-year, multi-product capacity in November 2025 via the Accelerant Risk Exchange, covering commercial D&O, professional indemnity, financial institutions and transactional risks.
Amiga Specialty is an independent international MGA headquartered in London. Established in May 2025 and officially launched in June 2025, it is backed by B.P. Marsh & Partners, a publicly listed insurance-sector investor.
The company said it intends to maintain what it described as a “disciplined, underwriting-first approach” as it develops its transactional risks platform.
