Fidelis appoints head of outwards reinsurance

Bermuda-based holding company Fidelis Insurance Holdings has appointed John Symms as head of outwards reinsurance. Working closely with Phil Vandoninck in his role as CEO of Socium, Fidelis’s partnerships pillar, Symms will coordinate all aspects of engagement with reinsurers across all segments of the business.

Richard Brindle, chairman and group chief executive officer of Fidelis commented: “Fidelis sets great value on its reinsurance relationships and this appointment is a demonstration of our commitment to provide best in class service and transparency to our partners. John will work alongside Phil Vandoninck and our underwriting, actuarial and analytics teams to ensure we provide excellent support to our brokers and reinsurers.”

John Symms said: “I am excited to join Fidelis, it is clear that outwards reinsurance relationships are of paramount importance to the company and are an essential part of their growth plans. I understand Fidelis devotes extensive resources to provide cutting edge tools for outwards analysis and reporting and I’m looking forward to utilising the tools to provide market leading information to our partners.”

Phil Vandoninck added: “Fidelis has a large number of reinsurance partners over 20 classes of business. This requires us to focus resources on the entire outwards process from broker and counterparty selection to placement and reporting. John’s extensive experience and relationships can only help us to develop further and offer a better service to our reinsurers.”