Bridgehaven Europe Holdings closed its acquisition of Dublin-based MGA SureStone Insurance DAC after regulators signed off, and the deal plants a clear flag for the company’s push across the EU.
The move isn’t window dressing – Bridgehaven runs a risk-taking hybrid insurer model in commercial and specialty lines, and the firm wants a broader bench of MGAs that plug into its capital stack without dragging operational overhead.
SureStone brings property and casualty licences that already support commercial and specialty segments, and the team in Dublin now gears up to add more specialty classes as the carrier widens its appetite.
The company is headquartered at Merrion Hall in Sandymount, Dublin, and remains an authorized entity regulated by the Central Bank of Ireland. Historically, SureStone specialized in property and casualty risks but entered an orderly run-off in late 2019. Under its new ownership in 2026, it has transitioned from that run-off status to a growth-oriented “hybrid” model that links Managing General Agents (MGAs) with high-quality reinsurance capacity.
The existing leadership stays in place, which helps continuity, though Bridgehaven plans to pump in fresh resources and technical talent as the business shifts into what executives call its European arm.
It’s a big label, maybe a bit bold, yet it signals how much weight Bridgehaven puts on EU growth.
Paul Jewell, Bridgehaven’s CEO, frames the transformation as a way to push the company’s hybrid model across the bloc.
He points to a setup that connects MGAs to stable reinsurance capacity and keeps underwriting discipline tight enough to support long-term value.
SureStone’s transformation allows us to deliver Bridgehaven’s unique hybrid model across much of the EU, linking MGAs to quality reinsurance capacity, whilst ensuring underwriting discipline and long-term value creationPaul Jewell, chief executive officer of Bridgehaven
According to our data, MGAs across the EU keep hunting for paper that doesn’t box them in, so this structure lands at a moment when distribution and capital both stretch thin.
The integration work begins now, and, honestly, it’ll test how quickly Bridgehaven can scale its model without losing the sharp edges that made it interesting in the first place.
