At Fidelis Insurance Group, we believe that sustainable value comes from embedding responsibility into everything we do — from underwriting and investments to governance and community engagement.
We are committed to taking actions with the best interests of our colleagues, shareholders, customers, communities and the environment in mind, and pursuing a strategy that reflects the markets in which we operate.
We have four core focus areas across our business and operations, through which we seek to create sustainable value for all our stakeholders: disciplined and resilient underwriting, responsible investment practices, continued investment in our people, and operational emissions monitoring.
As part of our strategy to manage climate-related risks we strive to:
Deploying a proprietary pricing view of climate risk, informed by in-depth analysis and consultation with meteorological experts to capture the full extent of climate impact on perils.
Leveraging risk transfer mechanisms, with a focus on the expanding catastrophe bond market, providing Fidelis with flexible, long-term capital protection and the ability to safeguard shareholders even when offering climate risk solutions to clients.
Increasing our underwriting of renewable energy and green technologies to align with broader economic trends and to capitalize on opportunities to support innovation and develop new products that address evolving client needs.
We have embedded risk management across the business to support sustainable business practices and long-term resilience.
Fidelis Insurance Group is committed to managing our financial assets in line with our sustainability principles.
We have a disciplined approach to managing our core fixed income portfolio, including reviewing climate and nature-related considerations. This focus reflects the alignment of our core fixed income portfolio with our broader sustainability principles.
We have a clear structure and policies in place to enable us to maintain the highest standards of ethical conduct.
Our Board is responsible for overseeing our strategic direction and our risk management process. Board committees comprise the Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee, Investment Committee and Risk Committee. For more information in our Board and Committee Structures please visit:
We aspire to the highest standards of honesty, integrity and business conduct. These standards are reflected in our corporate values, as well as our ethos. They are also captured in our Code of Ethics and Conduct, which provides five broad principles to which we adhere.
| Our principles |
|---|
| We respect and value our clients, partners and shareholders; |
| We respect and comply with relevant laws and regulations; |
| We respect and protect the Company; |
| We respect and value each other; and |
| We respect and support the communities in which we operate. |
Building strong relationships is at the center of everything we do, and that starts with our employees. We strive to cultivate a culture of empowerment, accountability, and self-direction within our organization. We value expertise, encourage intellectual curiosity, and nurture a dynamic environment.
We are committed to supporting our people and our wider communities through a number of initiatives, including:
Designed to enhance employee engagement by creating opportunities that reflect workplace values, this voluntary, employee-driven initiative encourages team members to prioritize charitable causes. As a result, employees are able to drive meaningful change within the community.
Since 2018, we have worked each year to offset our operational carbon emissions. Fidelis Insurance Group is a member of ClimateWise, and seeks to align its disclosures with recommendations and principles set out by ClimateWise.
We aim to foster a sense of belonging amongst our employees through accountability, representation, advancement, culture, and outreach initiatives.
Fidelis Insurance Group has zero tolerance to slavery and human trafficking and is committed to preventing such in its corporate activities. Our Anti-Slavery and Human Trafficking Statement is approved by the Board of Directors of Fidelis Insurance Holdings Limited.
For more information on our approach to Corporate Responsibility please read our Corporate Responsibility presentation here: