Fidelis
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Fidelis joined the contingency market in 2020 amid massive dislocation caused by Covid-19.
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The carrier added the class to its product offering in 2020 amid an expansion in specialty lines.
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Inflationary pressure and climate change meant the market effectively gave ground to cedants despite nominal price rises.
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The executive, who joined Fidelis in 2017, will continue in her role as group head of contract wordings.
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Matthew Bellamy has also been promoted to head of property reinsurance at Fidelis Underwriting Limited.
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The appointment follows a period of substantial expansion in marine by the Richard Brindle-led carrier.
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The insurance market has the potential to become a “significant influencer” in combatting modern slavery, according to the independent anti-slavery commissioner Dame Sara Thornton.
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The new operation, labelled ‘the forum’ will be a trading hub for Fidelis and its MGA platform, Pine Walk Capital
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CEO Richard Brindle calls for pricing corrections to reflect climate change and exposure growth.
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The Richard Brindle-led carrier has undergone a major expansion in specialty lines.
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Plus all the highlights from the Reconnect conference and the week’s top news.
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The Fidelis CEO said stochastic modelling was “pretty much meaningless” and failed to consider the impact of climate change.
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