Helix Underwriting Partners expands MGA offering with the launch of a Professional Lines program

9 April 2025

HAMILTON, Bermuda, 09 April, 2025 – Helix Underwriting Partners Ltd (“Helix”), the Bermudian multiline independent Managing General Agent (MGA), has expanded its specialist offering with the launch of a new Professional Lines program.

The new Bermuda-based program is backed by Somers Re and offers a maximum line limit of $10 million. The new platform will write a portfolio of Professional Liability products and will be led by Matt Irvine, who joins Helix as Chief Underwriting Officer – Professional Lines.

The Professional Lines offering includes: Directors’ & Officers’ Liability, Errors & Omissions, Employment Practices Liability, Wage & Hour, Transactional Liability, and Cyber covers.

Mr. Irvine joins Helix from AXA XL and has over 30 years of underwriting experience in both London and Bermuda. At AXA XL, Mr. Irvine spent 13 years leading the insurer’s Bermuda Professional Lines business, expanding the product portfolio and growing the book of business.

This new offering complements the company’s middle-market Property Insurance and Excess and Casualty programs.

“We are delighted to make this announcement as Professional Lines has always been on our radar,” said Nigel Mortimer, Managing Partner at Helix. “The Bermuda insurance market has three pillars; Excess Property, Excess Casualty, and Excess Professional Lines. The launch of our new Professional Lines portfolio is the third critical pillar needed for Helix to better serve its clients and brokers comprehensively.”

“Attracting someone of Matt’s caliber to lead the Professional Lines program is a great win for Helix,” Mr. Mortimer added. “After three decades in the industry, Matt has cultivated extensive broker relationships across the Bermuda wholesale market, the broader US retail market, and in London. Matt has spent more than 20 years in Bermuda and has built a strong reputation and deep connections with clients, risk managers, partners, and senior executives, reinforcing his position as a trusted leader in the market.”

“Joining Helix at this stage in the company’s evolution is going to be an exciting adventure,” said Mr. Irvine. “Helix has ambitious plans for growth, and I am keen to start building bench strength and expertise in the company’s dedicated Professional Lines team – a key part of Helix’s overall portfolio. This is an exciting opportunity to support our clients, and my focus will be to work strategically with brokers across Bermuda, the US, and the UK.”

Helix was launched in Bermuda in 2020 by leading underwriting executives Claude Lefebvre, Nik Lucking, and Neville Weston. The MGA has enjoyed significant growth since Mortimer and Hadler arrived in 2021. Its existing portfolio includes a Property and Facultative book run by Nik Lucking in Bermuda and an Excess Casualty program led by Tim Hadler, who are now both Managing Partners at the company.

In December 2024, Helix launched a US platform writing a portfolio of Property business and the company has ambitions to expand into the London market.

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Property

The strategy for writing excess property insurance has been developed and refined over time. Distribution is focused on Bermuda-based brokers providing direct access to business from the US.
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General Liability

Experienced excess casualty team with extensive track record of profitability
focused on creating a balanced, diversified portfolio of well-priced and thoroughly underwritten business.
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Financial Lines

Our finance offering is currently being developed.



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