Inigo Limited

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Inigo Limited - overview

Established

2020

Location

London, England, UK

Primary Industry

Insurance

About

Inigo Limited, based in the UK, specializes in high-risk and high-capacity insurance and reinsurance, delivering customized solutions for commercial and industrial sectors. Inigo Limited operates as a specialized insurance and reinsurance provider established in 2020 in London, UK. Founded by Albert Hill, the company has successfully completed 2 deals, with the most recent being a LP Direct, Trade Sale, valued at USD 1. 7 billion as of September 18, 2025.


The company has raised a total of USD 1. 7 billion through its funding initiatives, with Richard Watson serving as its CEO. Inigo is a global specialist in high-risk, high-capacity insurance and reinsurance, offering tailored solutions for commercial and industrial enterprises across various sectors. Their core product offerings encompass property, casualty, financial lines, and reinsurance solutions, addressing the unique needs of clients facing complex and high-stakes risks.


The company utilizes advanced data analytics and innovative underwriting processes to enhance risk assessment, enabling them to provide bespoke insurance solutions that cater to the operational efficiencies and sustainability goals of their clients. Inigo actively serves clients in key geographical markets, including North America, Europe, and regions with significant exposure to geopolitical risks, ensuring that their tailored coverage responds effectively to local and global challenges. Inigo generated revenue of USD 743. 15 mn in 2023, with EBITDA amounting to USD 147.


11 mn for the same year. The company primarily focuses on business-to-business transactions, partnering with brokers and managing general agents (MGAs) to distribute its diverse insurance products, driven significantly by gross written premium (GWP) from offerings that include property, general liability, and specialty insurance lines. In September 2025, Radian agreed to acquire Inigo Limited from a consortium of investors for USD 1. 7 billion in cash.


This acquisition is expected to enhance Radian's market reach and capitalize on Inigo Limited’s specialized expertise. Inigo plans to expand into new markets and geographic regions, although specific details on the targeted markets and release dates for upcoming products have not been disclosed.


Current Investors

Stone Point Capital, La Caisse, JC Flowers

Primary Industry

Insurance

Sub Industries

Commercial Insurance, Reinsurance, Personal Insurance, Life Insurance, Health Insurance

Website

https://inigoinsurance.com/

Verticals

InsureTech, Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Inigo Limited - timeline of key events

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Inigo Limited - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)(4,963,000)---
Operating Income (USD)(4,963,000)---
Operating Margin----
% EBITDA Margin----
NET Income (USD)(4,963,000)---
% Net Margin----

Inigo Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP Direct, Trade SaleCompletedInigo Limited-
GrowthCompletedInigo Limited-
Add-onCompletedStarStone Underwriting Ltd.-

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Inigo Limited - employee data

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