(Re)in Summary
• Amiga Specialty, a London-based MGA backed by B.P. Marsh, has officially launched its Hong Kong operations after receiving a licence from the Insurance Authority.
• AXA XL has entered a binder agreement to provide capacity for Amiga’s regional business, which will focus on financial lines such as cyber, crime, D&O, professional liability, and transaction-related products.
• Ralph Sherbahn leads the Hong Kong operation, with plans to initially focus on North Asia and then expand to other territories and products.
• Amiga will capitalise on automated and AI-driven platforms to support its tech-focused, relationship-driven business model.
Managing general agent (MGA) Amiga Specialty has launched its operations in Hong Kong after securing a licence from the Insurance Authority.
The London-headquartered MGA, backed by listed investment company B.P. Marsh, has secured capacity from AXA XL to support its Hong Kong business, which focuses on financial lines including cyber, crime, directors and officers (D&O), professional liability, and transaction-related products.
Ralph Sherbahn, managing director of financial lines for Asia-Pacific, leads the Hong Kong operation, having first joined Amiga when it launched in 2025.
The launch marks Amiga’s first step in building its APAC business, following its European launch in summer 2025. The MGA will focus initially on North Asia before expanding to other territories and products across the APAC region.
Sherbahn noted that financial lines is a huge regional opportunity that Amiga is ready to capitalise on and that the business is looking to expand its team in Hong Kong.
“We already have capacity in place to focus on a broad array of Financial Lines products, but with a directed view within its area of expertise to build out new and innovative products in a rapidly evolving tech and financial services-focused economy,” he added.
Adam Kembrooke, CEO and founder of Amiga, said: “Gaining regulatory approval is a huge milestone for our APAC business and I am delighted we have secured the permissions to trade from the rigorous Hong Kong regulator.”
Sherbahn explained the name Amiga means “friend” in Latin, underlining the firm’s view that people and relationships sit at the heart of its tech-first model, with artificial intelligence also embedded in its branding.
He added that modern automation platforms combining AI, orchestration, and insurance expertise give MGAs the tools to make real-time decisions and run more efficient operations.
“We’re fortunate to have launched amid a time of such fundamental transformation and excited to be able to leverage the nimbleness and agility these new technologies afford MGAs such as Amiga,” Sherbahn said. “The real work begins now. I can’t wait to offer the Amiga products to the Asian market.”
