Amiga broadens financial lines offering
Amiga Specialty has launched a pension trustee liability run-off and overlooked beneficiary insurance offering, further expanding its specialist financial lines appetite.
The new facility enables Amiga to provide limits of up to £5m in the aggregate, with policy periods of up to 15 years, supporting pension schemes connected to sponsoring employers domiciled in the UK, Guernsey, Jersey, the Isle of Man and Gibraltar, with worldwide territorial coverage available.
The MGA added the product is backed by A-rated capacity and had been designed to address the complex, long-tail exposures that can arise during and following pension scheme wind-ups.
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