Covington, Louisiana-based Fidelis Group Holdings LLC (FGH), a provider of marine insurance coverage and services, has created a new senior management structure for the company and its subsidiaries, Continental Underwriters Ltd. (CU), Fidelis Marine Underwriters LLC (FM) and Fidelis Claims Service LLC (FCS).
The changes are designed to build upon the successful business model and core legacy established over the company’s 50-year history while strategically positioning it for future growth.
Under the new structure, H. Elder Brown Jr. has been named chairman of Fidelis Group. He previously served as president and CEO of Fidelis Group and Fidelis Marine, and chairman of Continental Underwriters.
Elder Brown III has been named CEO of Fidelis Group. Previously, he served as vice president of Fidelis Group and its subsidiaries, Fidelis Marine and Continental Underwriters.
Baldwin Brown has been named chief underwriting officer of Fidelis Marine. He previously served as executive vice president.
Teddy B. Boone has been named chief administrative officer of Continental Underwriters. Previously, he served as president and CEO.
The changes come as Fidelis Group marks its 50th year in business. Brown’s father, Elder Brown Sr., founded Continental Underwriters in 1970 in New Orleans, Louisiana. In recent years, the company has expanded into New York, Chicago, Houston, Knoxville and Seattle.
With six offices across the U.S. serving both domestic and international clients, Fidelis Group has added multiple product lines, while also diversifying its employee talent.
With headquarters in Covington, Louisiana, Fidelis Group Holdings LLC provides specialty insurance products for primary and excess marine liabilities, ocean cargo, hull and machinery, and inland marine insurance for business owners, vessel operators, ship builders, terminal operators, fleet operators, stevedores, cargo handlers, marine contractors, warehousemen, distributors, manufacturers, shippers, logistics operators, armored cars, fine arts and other specialty businesses. FGH provides underwriting, broker services, claims management and loss control assistance for its clients. ed insurers.
Source: Fidelis Group Holdings LLC
Topics Louisiana Underwriting
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