HDI Global expands partnership with M&A specialist MGA Amaniki

HDI Global Specialty SE has renewed its underwriting agency agreement with German M&A insurance specialist managing general agent (MGA) Amaniki.

The agreement will also see Amaniki move from a co-insurance panel of capacity providers to a 100 percent exclusive binder with HDI Global Specialty.

The Frankfurt-based MGA was formed in March last year and is one of the first standalone German MGAs to specialise in the M&A insurance market. It also has a subsidiary office in London and mainly focuses on UK and European risks.

Heiko Würtz, managing director and head of financial lines at HDI Global Specialty, said: “We are more than happy to strengthen this strategic partnership and to play our part in empowering this aspiring Agency. We believe the M&A insurance market in Europe has strong growth potential which the team at Amaniki is well placed to take advantage of.”

Niki Demirbilek, founder of Amaniki GmbH said: “We are delighted to have such a strong partner in HDI Global Specialty on our side. They are an experienced M&A capacity provider with a strong global reputation. It was important to us that we renewed the agreement at a time when other insurers are re-assessing their exposure to specialty niche products. This partnership will allow us to deliver innovative and flexible solutions to our clients.”

Carolina Rieger-Perdomo, senior manager of transactional risk insurance at HDI Global Specialty added: “Niki Demirbilek is one of the most experienced underwriters in transactional risk insurance. She combines more than 20 years’ experience as a qualified German and New York M&A lawyer with more than 12 years’ insurance expertise writing complex, cross border and distress transactions. Together with her experienced underwriters Jaco Van der Merwe and Stefania Fontana, they make a formidable team.”