Markets/Coverages: Amiga Specialty Secures Lloyd’s Capacity for New Yachts Division

Amiga Specialty, the London-based managing general agent, has secured £/$25 million of “A”-rated capacity with global Lloyd’s licensing for its Yachts division, marking an important step in the development of its specialist marine offering.

The capacity will support Amiga Specialty’s ability to underwrite yacht risks globally, with a focus on the U.S., Southeast Asian and European markets. Southeast Asia is expected to be a key market for the business following the recent launch of Amiga’s Hong Kong office.

Due to the capabilities of the Amiga Yacht team, including Jason Stephenson, managing director – Yachts, who is now at the helm, Amiga Specialty’s Yachts division gained access to Lloyd’s capacity, quickly and efficiently, Amiga said.

This now strengthens the ability of the team to support brokers and clients operating across international marine markets. Stephenson will spend time in Hong Kong at key points during the trading year as the business develops its presence in the region.

“Securing Lloyd’s capacity is an exciting and important milestone for our Yachts business”, said Stephenson. “It provides us a strong platform from which to support brokers and clients internationally, backed by exceptional capacity and a specialist underwriting proposition.”

About Amiga Specialty

Amiga Specialty is an independent international MGA, headquartered in London, specializing in underwriting specialty lines insurance for blue-chip clients. Established in June 2025, Amiga is financially backed by B.P. Marsh, a publicly listed investment company with deep expertise in the insurance sector.