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Fidelis expands with new trading floor in London

HAMILTON, BERMUDA— 28 October 2021Fidelis Insurance Holdings Limited (“Fidelis”) is pleased to announce the opening of its state-of-the-art trading floor – the ‘Forum’. The new operation is located at 37-39 Lime Street, London EC3M 7AY and will be a trading hub for Fidelis and its MGA platform, Pine Walk Capital, effective 28th October 2021.

At the Forum, brokers will be able to meet with Fidelis underwriters, actuaries, wordings and claims 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 managing general agents (MGAs) managed by Pine Walk Capital, including Kersey, Navium, Oakside, Perigon and Radius.

Richard Coulson, Chief Executive Officer of Insurance and Chief Underwriting Officer of Fidelis Underwriting Limited, 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, 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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