London’s Amiga Specialty expands into Hong Kong with new APAC lead

Financial lines veteran appointed

London’s Amiga Specialty expands into Hong Kong with new APAC lead

Cyber

By Roxanne Libatique

London-headquartered Amiga Specialty has launched operations in Hong Kong as part of its broader growth strategy across the Asia-Pacific region.

The specialty managing general agent (MGA) has also named Ralph Sherbahn as managing director for financial lines in Asia-Pacific, where he will oversee development of the firm’s offerings in areas such as cyber, directors and officers (D&O), professional liability, crime, and transactional risks.

New appointment supports APAC expansion strategy

Sherbahn brings more than 22 years of experience in underwriting and market leadership. His previous roles included developing financial lines portfolios in Asia and Europe, including cyber risk and digital asset insurance.

In his new position, he is tasked with expanding Amiga’s footprint in the region and building underwriting teams focused on regional and cross-border risk.

Sherbahn said he views the move as a chance to shape a regional specialty business with a clear client and broker focus.

“Joining AMIGA Specialty is a unique and exciting opportunity to be part of an ambitious, forward-thinking MGA,” he said. “I’m excited to build a strong, client-focused proposition in the Asia-Pacific region and work with a team that shares a bold vision for specialty underwriting.”

Amiga Specialty Holdings managing director Adam Kembrooke said Sherbahn’s appointment marks an early milestone in the MGA’s international development.

“This is a significant start to our international growth plans, and we see the Asia-Pacific region as a key market for us,” he said. “Ralph’s deep product expertise, leadership experience, and trusted relationships across the market make him an ideal fit to help build a bold and different proposition. Ralph is a high-calibre person who embodies the values we care most about: trust, loyalty, and collaboration. I am delighted to welcome him to Amiga.”

Diverse regulatory landscape across Asia-Pacific

Amiga’s entry into Hong Kong comes as insurers and brokers continue to assess how regulatory conditions are evolving across Asia-Pacific markets.

According to the TMF Group’s Global Business Complexity Index (GBCI) 2025, Hong Kong and New Zealand remain among the least complex jurisdictions globally for business operations.

Ranking 76th and 77th respectively out of 77, both jurisdictions benefit from simplified administrative procedures and stable regulatory frameworks, which continue to attract multinational firms and investors.

By contrast, Mainland China was ranked the 10th most complex jurisdiction, driven by frequent regulatory changes and variation in regional implementation.

India ranked 18th, with compliance reform efforts increasing operational requirements in the near term while aiming to improve transparency and governance.

Japan moved to 43rd place from 38th last year, aided by expanded access to English-language resources for foreign companies.

Singapore, placed at 48th, continues to strengthen its digital infrastructure and trade facilitation systems.

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