Brit merging Brit Global, Ambridge into 1 entity

Brit Ltd. is merging its U.S. service company platform, Brit Global Specialty USA, and its managing general agent, Ambridge, into one combined entity.

The entity, which will operate under the Ambridge brand as Ambridge Partners LLC, will form an MGA that will manage in excess of $450 million in premium in the U.S. and over $110 million in premium written by Ambridge's international affiliates.

Jess Pryor will lead Ambridge as executive chairman. He will also continue in his role as executive chairman of Scion, which will remain a stand-alone MGA business.

The enlarged Ambridge business will trade through three segments, Ambridge Transactional, Ambridge Specialty Casualty and Ambridge Re.

Brit Global's programs team will write directly into Brit Syndicate 2987.