Fidelis Insurance News

Fidelis, Aon and Marsh Develop Marine Cargo Clause Aiming to Combat Modern Slavery

A group of brokers and insurers in the London market has come together to announce a new approach to keeping the products of modern slavery out of the export supply chain. Fidelis, Aon and Marsh have developed a clause which …

Fidelis Appoints Symms from Talbot as Head of Outwards Reinsurance

Fidelis Insurance announced the appointment of John Symms as head of Outwards Reinsurance, in a new role that will support the growth of company’s reinsurance partnerships and the increasingly important quota share relationships across multiple lines of business. Working closely …

Fidelis Insurance Takes Equity Stake in New MGA Perigon, Provides Capacity

Fidelis Insurance, the Bermuda-headquartered re/insurer, announced it has taken an equity stake in a new managing general agent (MGA) Perigon Product Recall Ltd., and will be providing underwriting capacity. Perigon’s focus will be product recall and product contamination coverage for …

Fidelis Taps Bellamy from Pembroke’s Acapella Syndicate for Reinsurance Team

Fidelis Insurance announce that Matthew Bellamy will join Fidelis Underwriting Ltd.’s (FUL) London underwriting team to continue to build its reinsurance business. Bellamy has over 13 years of experience where he was most recently the head of Property Treaty and …

Fidelis Takes Equity Stake, Provides Capacity, for Energy Market MGA, Kersey Specialty

Fidelis Insurance announced it has taken an equity stake in a new managing general agent, Kersey Specialty Ltd., and will be providing underwriting capacity. London-based Kersey will focus on the upstream energy subscription market insurance and will be managed through …

Fidelis Appoints Creagh-Coen from Lancashire as Head of Strategic Relationships

Fidelis Insurance announced that Jonathan Creagh-Coen has joined as head of Strategic Relationships, effective on July 2. Creagh-Coen will develop strategic relationships with key stakeholders, and will lead and manage the investor relations’ function. Bringing over 20 years’ experience, Creagh-Coen …

Fidelis’ MGA Firestone Rebrands to Oakside

Fidelis Insurance announced it has rebranded its managing general agent (MGA), Firestone Surety Ltd., to Oakside Surety Ltd. London-based Oakside is focused on the small and medium-sized enterprises sector of the surety market and is managed through Pine Walk Capital …

Fidelis Promotes Coulson to Chief Underwriting Officer, UK

Fidelis Insurance has promoted Richard Coulson to the position of chief underwriting officer of Fidelis Underwriting Ltd. (FUL). He takes up this role with immediate effect and reports to Daniel Burrows, chief executive officer of FUL. Coulson joined Fidelis in …

Fidelis Takes Equity Stake in New MGA Firestone Surety

Fidelis Insurance announced it has taken an equity stake in a new managing general agent (MGA) Firestone Surety Ltd., and will provide underwriting capacity. Details about the amount of Fidelis’ investment and capacity provision were not released. London-based Firestone will …

Fidelis Launches Treaty Excess-of-Loss MGA, via New MGA Platform Pine Walk

Bermuda-based Fidelis Insurance announced it has launched its first managing general agent (MGA), called Radius. The MGA will be run by Rob Ashton and will focus on niche specialty treaty excess of loss business, such as cyber, nuclear and personal …