For Radian, the attraction lies in Inigo’s trajectory since its founding in 2020. Constructed by three former Hiscox executives – Richard Watson, Russell Merrett and Stuart Bridges – the syndicate secured $800 million in preliminary backing, entered Lloyd’s with a clear steadiness sheet, and wrote $412 million of premium in its first 12 months. By 2023, gross written premium had topped $1.08 billion, supported by growth into cyber, monetary establishments, onshore power and aviation conflict.