Macquarie Insurance Facility (MIF), part of Macquarie Asset Management, has announced plans to launch Longbrook Insurance, a new multi-line underwriting business. The new entity will be headquartered in London and is expected to begin operations in early 2026.
Longbrook Insurance will focus on two main areas: transaction liability insurance and energy insurance. The transaction liability segment will offer solutions for mergers and acquisitions, including warranty and indemnity as well as tax liability insurance. The energy insurance line will provide property damage and business interruption coverage for the construction and operation of energy assets, with an emphasis on supporting the transition to cleaner energy sources. Both lines are intended to serve clients globally.
MIF currently aggregates about $1.8 billion in premium spend each year from private equity, infrastructure, energy, and real estate firms worldwide.
The company states that Longbrook aims to deliver long-term insurance solutions by providing access to a distinct distribution platform and improved risk management insights. This approach leverages MIF’s network of relationships with leading global insurers and brokers.
Shaun Reynolds has been appointed Head of Transaction Liability at Longbrook Insurance. Reynolds brings over 20 years of experience in mergers and acquisitions (M&A) and underwriting, having previously held positions at AIG and Volante Global.
Nick Wilski, Global Head of Macquarie Insurance Facility, said: “Effective risk management is a crucial element to delivering value on investments, and Longbrook is the next step in MIF’s strategy to offer diversified solutions to our clients. Longbrook’s team will have deep underwriting expertise in managing transaction liability and energy infrastructure risks. They’ll be well placed to build on the strong foundations of our distribution model and extensive relationships with brokers to develop best-in-class solutions to the benefit of our clients.”
The launch remains subject to regulatory licensing approvals.