Fidelis Insurance Group

He moves to the carrier after a decade at Lancashire.

Oakside is focussed on the SME sector of the surety market.

The MGAs join specialty reinsurance and surety ventures on the Pine Walk Capital incubator platform.

The energy veteran will run a new venture on Fidelis's Pine Walk Capital platform.

Aware Specialty is to be led by Giles Schofield, the former head of reinsurance for mortgage and special risks at AmTrust International.

As two relative minnows see off legal threats from financial giants, it goes to show that, with a bit of ingenuity, there's plenty of room for underdogs as well as big dogs.

The specialty insurer can continue to use its name after a High Court ruling.