Lloyd’s-backed MGA increases capacity for transactional risk team

Independent MGA Amiga Speciality has increased the capacity for its UK and European transactional risk team, following backing from Lloyd’s and speciality (re)insurance group International General Insurance (IGI).

Amiga Specialty said the increased capacity would improve its ability to protect M&A and transaction activity through measures including “higher limits, broader deal profiles and increased flexibility across a wide range of industry sectors”.

The firm – established in May 2025 and backed by publicly listed investment company BP Marsh – also announced its intention to maintain a “disciplined, underwriting-first approach” while scaling its transactional risk platform.

The new capacity will also allow the firm to develop a more comprehensive transactional risk offering, including warranty and indemnity insurance tailored for mid-market and complex transactions.

Important step forward

Today’s (19 January 2026) announcement follows the prior week’s news that the firm had secured Lloyd’s capacity to support its financial institutions (FI) offering, enabling it to underwrite in the UK, European and international markets.

According to Richard Mills, managing director of transactional risks at Amiga Specialty, the new capacity “marks an important step forward for our transactional risks platform”.

He added: ”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 advisors,” he added.

Adam Kembrooke, managing director and founder of Amiga Specialty, said: “Transactional risk remains a core strategic growth area for Amiga. 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.”