Fidelis News

Fidelis Sets Up Re/Insurer in Dublin to Prepare for Brexit; Senior Leaders Appointed

Fidelis Insurance Holdings Ltd. announced it has established a regulated re/insurer in Ireland, called Fidelis Insurance Ireland DAC (FIID), to take advantage of opportunities in the European Economic Area (EEA) after Brexit. On Oct. 22, 2018 the Central Bank of …

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 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 …

Marsh Launches Non-Payment Insurance for Boeing Aircraft Financing

Marsh has launched the Aircraft Finance Insurance Consortium (AFIC), a non-payment insurance product designed for banks and capital market investors that are funding new aircraft purchases from Boeing. Available exclusively through Marsh, AFIC provides an alternative aircraft finance insurance product …

Future of London Market Threatened by ‘Brexit’, Warn Market Leaders

Brexit poses a grave threat to London’s insurance jobs and businesses, according to the International Underwriting Association of London (IUA), Lloyds, and Richard Brindle, group chief executive officer of Fidelis. In a position paper published today, these market leaders warned …