Fidelis opens trading floor in London
The Bermuda-based specialty insurance and reinsurance provider said its new operation would enable brokers to meet with its underwriters, actuaries, wordings and claims specialists to discuss 57 lines of business.
Fidelis Insurance Holdings had announced the opening of its UK trading floor, which will be known as the ‘Forum’.
The new operation is located at 37-39 Lime Street, London EC3M 7AY. It will be a trading hub for Fidelis and its MGA platform, Pine Walk Capital.
Richard Coulson, chief executive officer of insurance and chief underwriting officer of Fidelis Underwriting, commented: “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.”
Brokers
At the Forum, Fidelis said brokers would be able to meet with its underwriters, actuaries, wordings and claims specialists to discuss opportunities across 57 lines of business in reinsurance, specialty, and bespoke.
They would also be able to meet with all managing general agents (MGAs) managed by Pine Walk Capital, including Kersey, Navium, Oakside, Perigon, and Radius.
Rinku Patel, CEO of Pine Walk Capital, said: “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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