Policy Expert secures new capacity set to support nearly £2bn of premium

Policy Expert has secured new long-term capacity that is set to support nearly £2bn of premium.

The firm said today (1 July 2026) that it had renewed its long-term strategic capacity partnership with Bridgehaven, with the new deal running until the end of December 2029.

The agreement is expected to back approximately £1.75bn of premium over the term.

Policy Expert said the agreement is ”one of the largest and most significant of its kind” in the UK market and will be used to support its next phase of growth and innovation.

Steve Hardy, chief executive at Policy Expert, said: “This renewed partnership marks an important milestone for Policy Expert as we continue to scale and diversify our business.

“Bridgehaven has been a highly valued partner and its continued support reflects the strength of our underwriting performance and long-term growth strategy.”

’Shared commitment’

The capacity will be used for continued growth across core and new product lines and enable further product innovation and diversification.

Paul Jewell, chief executive at Bridgehaven, said: “This renewed agreement reflects a shared commitment to sustainable, high quality underwriting and long-term value creation.

”Our model combines specialist fronting and reinsurance expertise with disciplined underwriting governance, offering scalable, structured reinsurance solutions that enable MGA’s like Policy Expert to succeed.”