Amiga Specialty, a specialist managing general agent (MGA), has secured a significant capacity agreement with AXA XL, which will bolster its Financial Institutions (FI) proposition and accelerate its growth across international markets.
The deal focuses on providing coverage for core FI risks, including directors and officers (D&O) liability, professional liability, and crime.
Adam Kembrooke, Founder and CEO of Amiga Specialty, said: “We are delighted to be partnering with AXA XL, a business with a truly global reputation and a long-standing commitment to specialty insurance. Their scale, financial strength, and underwriting heritage make them a natural partner for Amiga as we continue to build a best-in-class global specialty platform.”
By leveraging AXA XL’s global footprint and financial ratings, Amiga Specialty aims to provide broader limits and greater continuity for brokers and clients.
Since its launch in 2025, the MGA has focused on building a disciplined, broker-led platform, this new partnership aligns with Amiga’s strategy of securing long-term capacity for Tier 1 insurers to support its diverse portfolio.
The partnership enables Amiga Specialty to expand capacity across key international markets, to deliver broader limits and continuity for clients, strengthen long-term support for brokers and insureds, and accelerate growth across D&O, professional liability, and crime.
Jamie Ricketts, who joined Amiga in October last year as MD of Financial Institutions, said: “Financial Institutions has been a core focus for Amiga from day one. This partnership strengthens our ability to support brokers and clients with a consistent, globally relevant proposition across D&O, professional liability, and crime, delivered with the underwriting focus and responsiveness that define Amiga.”
