Ignite Specialty Risk, which specialises in litigation risk insurance, is to offer its products to insureds in the European Economic Area. This includes after the event, and single risk and portfolio capital protection insurance. The move builds on Ignites existing presence in the UK and the US.

Byron Sumner, CEO and co-founder of Ignite Specialty Risk, said: “Building on our US expansion in 2024, we are thrilled to bring our innovative products to EEA-based insureds. Last year, US-based institutional financiers and law firms began using our products to facilitate meaningful risk transfer and improve access to justice.

“By entering the EEA, we aim to deliver customised solutions that address the unique challenges of cross-border disputes. This strategic step reinforces our commitment to empowering businesses and legal teams with the tools to manage litigation risks effectively.”