Bridgehaven is the first UK hybrid fronting insurer to be authorised and regulated by the PRA and FCA. Our aim is to be the leading UK hybrid fronting insurer of commercial and specialty lines.
Our mission is to achieve this by aligning with MGAs by supporting their product and capacity needs, and to deliver a cost-effective solution by fronting for a broad range of reinsurers. We ensure alignment of interests through retaining risk and promote collaboration with clear communication and speed of decision making, using a trust and verify approach to doing business.
Bridgehaven facilitates the fronting model through a retention of risk, by partnering exclusively with MGAs and by aligning with reinsurers at an MGA and product level. Our objective is to partner with a carefully selected panel of MGAs and reinsurers who are focused on underwriting profitability.
Bridgehaven’s focus is on UK Commercial & Specialty lines writing admitted business with incidental international exposures. We retain up to 10% of all risks and have a flexible appetite dependent upon the reinsurers with which we and the MGA are partnering. Our focus is on medium sized commercial business across a broad range of sectors and classes of business. We look to write Property/Energy, Liability, Commercial Motor, Financial Lines, Aviation, Marine and specialist classes including Trade Credit, Accident & Health and Contingency. We don’t have appetite for retail (personal lines & motor) and small businesses with a turnover less than £1m.
Bridgehaven looks to partner with MGAs that have a proven track record of underwriting profit and can achieve a scale of approximately £25m at year three.
For further information please email hello@bhvn-ins.com or call +44(0)20 31310102.