Managing general agent Amiga Specialty has agreed a capacity deal with Axa XL to support its financial institutions proposition and help it grow its international portfolio across directors’ and officers’ liability, professional liability, and crime.

Jamie Ricketts, managing director of financial institutions at Amiga Specialty, 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.”

Amiga Specialty launched last year with backing from investment firm BP Marsh. It operates across sectors including management liability, professional lines, cyber, and transactional risks.

Adam Kembrooke, founder and CEO of Amiga Specialty, added: “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.”