Fidelis unveils new London trading hub

Bermuda-based  Fidelis Insurance Holdings has launched a new trading hub to enable brokers access to its underwriters, actuaries, wordings and claims specialists, as well as managing general agents (MGAs).

The new operation will be a trading hub for Fidelis and its MGA platform Pine Walk Capital.

At the trading floor, called ‘Forum’, brokers will be able to meet with Fidelis specialists to discuss opportunities across 57 lines of business under its three pillars – bespoke, reinsurance and specialty. They will also be able to meet with all MGAs managed by Pine Walk Capital, including Kersey, Navium, Oakside, Perigon and Radius.

Richard Coulson (pictured), chief executive officer of insurance and chief underwriting officer of Fidelis Underwriting, said: “The opening of our new trading floor highlights our absolute commitment to providing the face-to-face service and decision making that our brokers and clients demand and deserve.

“This unique facility is another important step for our company at this transformational time, and I look forward to watching this space become a primary market trading hub and facilitator of countless successful transactions going forwards.”

Rinku Patel, chief executive officer of Pine Walk Capital, added: “The Pine Walk Group are delighted to take our next step in our growth as we enter our fifth year. It’s been a big year so far for Pine Walk, since Navium joined, and we’re looking forward to welcoming our clients and the continued broker support.”

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