‘This is about creating opportunity, confidence and capability for MGAs that need an EU solution that is both entrepreneurial and robust,’ says chief executive
Bridgehaven has confirmed the completion of its acquisition of SureStone Insurance DAC, marking a step in the hybrid insurer’s push to scale its European footprint.
The deal creates a new EU platform for Bridgehaven’s network of MGA partners, which it said would support long-term growth across commercial and specialty lines.
Initially announced in July 2025, this move marks Bridgehaven’s first acquisition.
Dublin-based SureStone will become Bridgehaven’s European arm and write commercial and specialty business by leveraging its existing property and casualty licences and developing additional specialty classes.
Its management team will be strengthened with extra resource as part of the transition.
Bridgehaven said the move aligned with its strategy to build a more connected insurance ecosystem that links MGAs to reinsurance capacity.
EU rollout
Paul Jewell, chief executive at Bridgehaven, said the completion represented “an important step in building a truly pan-European platform” and would allow the group to deliver its hybrid model “across much of the EU”.
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Jewell continued the acquisition “will fire a new phase of growth”. He added: “This is about creating opportunity, confidence and capability for MGAs that need an EU proposition that is both entrepreneurial and robust.”
Bridgehaven previously told Insurance Times that it aims to add approximately seven to eight MGAs annually while maintaining its model of linking reinsurer appetite with MGAs. The hybrid fronting insurer also detailed plans for a measured, country-by-country rollout in Europe, starting in nations with a strong MGA infrastructure.
Bridgehaven launched in July 2023 to create long-term aligned partnerships between MGAs, insurers and reinsurers. It said the acquisition strengthened its ambition to build a more cohesive and efficient trading environment across the market.
In the past year, Bridgehaven has also actively forged partnerships, including a recent capacity agreement with Pen Underwriting to support its UK solicitors’ professional indemnity portfolio.
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