Fidelis Group Holdings News

Fidelis’ Credit Ratings Under Review After Announcing Plan to Create MGU: AM Best

AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Fidelis Insurance Bermuda Ltd., Fidelis Underwriting Ltd. (in the UK) and Fidelis Insurance Ireland …

MGA Platform Pine Walk Launches Political Risk, Non-Payment MGA

Pine Walk Capital Ltd., the London-based specialist MGA platform and Fidelis subsidiary, has launched a seventh MGA, Pernix Specialty Ltd., which specializes in political risk and non-payment risks. Pernix will be led by CEO Kade Spears and CUO Caroline Coulson. …

Specialist MGA Platform Pine Walk Launches Energy Liability MGA, OPEnergy

Pine Walk Capital Ltd., the London-based specialist MGA platform, has announced the launch of its sixth MGA, OPEnergy Ltd. OPEnergy received regulatory approval from the UK regulator on Jan. 6, 2022 and will write onshore and offshore energy liability risks, …

Fidelis Group Holdings Opens New Flagship Office in NYC

Fidelis Group Holdings LLC (FGH), with its subsidiary company Continental Underwriters Ltd. (CUL), a national marine insurance coverage and service provider, announced the recent opening of its new flagship office located in Lower Manhattan, New York City. The Lower Manhattan …

Fidelis Group Holdings Launches Master Port Risk Program for Maritime Industry

Fidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd. (CUL), have launched a new Master Port Risk Program. According to H. Elder Brown, Jr., president and chief executive officer the Master Port Risk Program provides commercial vessel …

Civisca to Focus on Marine and Inland Marine for Louisiana’s Fidelis Group

Covington, La.-based Fidelis Group Holdings LLC (FGH), through its subsidiary company Continental Underwriters Ltd., a national marine and inland marine insurance coverage and service provider, appointed Michael L. Civisca as executive vice president. Civisca will oversee and continue building the …

Fidelis Group Holdings Names 2 Managing Directors for New Inland Marine Unit in N.Y.

Fidelis Group Holdings LLC, through its subsidiary company Continental Underwriters Ltd., announced the formation of its new inland marine division and appointed two managing directors for the new unit. Ed Helfers and Lisa Uzzo were named managing directors in charge …