Fidelis hires ex-Novae exec as chairman of specialised risks in London

Bermuda-based holding company Fidelis Insurance has hired Ian Burford to join its London underwriting team as chairman of specialised risks.

Burford left Novae in May 2017, where he had worked since 1998, most recently as underwriting performance director. He began as deputy underwriter for Novae’s Syndicate 1241 and then Syndicate 2007, and was promoted to joint active underwriter of the group in 2011. He also served as a director of Novae Syndicates.

In his new role, Burford will focus on identifying opportunities to expand specialised products in insurance and reinsurance, including MGA start-ups. He will also write treaty reinsurance including property for Fidelis Underwriting where complementary to the North American and international business written by Fidelis Insurance Bermuda.

Dan Burrows, UK CEO, said: "We are pleased to welcome someone of Ian’s calibre and expertise to our underwriting team. His knowledge of the market and emerging needs will be invaluable as we continue our strategy of identifying and attracting specialist underwriting talent with innovative and closely defined products."

Burford added: "I look forward to joining the Fidelis underwriting team, and continuing to build their specialised book. Their opportunistic and highly responsive approach is key to success in today’s market."

Get the latest re/insurance news sent to your inbox every day -  Sign up to our free email newsletters

Today’s stories

Munich Re and Swiss Re face 'significant' impact from Harvey

Allianz acquires Nigerian Ensure to expand African footprint

Partner Re CEO explains the new focus after ownership change

Aon unveils new flood cover for organisations hit by Hurricane Harvey

XL Catlin hires Gallagher Bassett exec for US Southeast operations

Russell Group launches new casualty risk management product

Don't miss our insurtech email newsletter - sign up today