Hedgehog Risk Secures Investment to Expand Across the UK & Europe

Hedgehog Risk, a premier provider of specialist sports and prize insurance, has secured a significant investment from SIG Insurance, part of Susquehanna, a renowned global quantitative trading and investment entity. This investment is poised to drive Hedgehog Risk's expansion across both the UK and European markets. With this financial infusion, Hedgehog Risk aims to enhance its pricing capabilities across an array of sports disciplines, while also extending its reach in covering more extensive and long-term risks. Founded in 2013, Hedgehog Risk has established itself as a leading underwriter in London, specializing in crafting and insuring performance bonus incentives tied to sports contracts, and delivering coverage for performance-related revenues linked to athletic events. The collaboration with SIG will also empower Hedgehog Risk to create innovative insurance products, harnessing SIG's expertise to structure deals in ways that maximize client benefits. According to Luke de Rougemont, Hedgehog Risk's managing director, this move represents a pivotal moment for the company, enabling it to fuel growth within crucial markets and explore new business avenues in the sports and entertainment insurance sectors.