Fidelis Partnership
-
The consortium goes live from 1 January 2026.
-
The London-based MGA will begin underwriting its international book next month.
-
Oliver Dlugosch spent 20 years at Swiss Re before it exited aviation this year.
-
Insurers must avoid being a “blocker” in development and financing decisions.
-
The consortium will target excess layers, providing $250mn of capacity.
-
The syndicate is expected to write ~$300mn of business in 2026.
-
The executive has run the MGA platform since its 2017 inception.
-
The move comes as the broker rebuilds its Bermuda team.
-
The business has ramped up its underwriting volume since launching in Lloyd’s last July.
-
The business said it was experiencing strong momentum on the Island.
-
Pine Walk has grown substantially and is on course to write $1.2bn of premium this year.
-
Connor O’Riordan has served as chief capacity officer and group head of corporate finance.
-
Nadia Beckert was promoted to Bermuda CUO in March.
-
The company launched into the contingency market in the wake of the Covid-19 pandemic.
-
Patel has run the MGA platform since its launch in 2017.
-
The executive said there was an ‘active cross-sell culture’ across The Fidelis Partnership.
-
How is The Fidelis Partnership choosing to launch into new insurance classes as it rapidly expands?
-
Plus, the latest people moves and all the top news of the week.
-
David Turner previously spent more than 30 years at Amlin.
-
The carrier has also added AIG’s Alice Hawkins to its aviation unit.
-
The underwriting executive joins from Axa XL.
-
Nadia Beckert joined the carrier as an underwriter in 2021.
-
CEO Rinku Patel said the move marked a “clear step change” in Pine Walk’s MGA strategy.
-
The MGA’s GWP hit $4.6bn as the CEO labelled aviation all-risks rates “woefully inadequate”.