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, 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 a specialty insurer and reinsurer we are inherently exposed to climate-related risks due to the nature of our underwriting activities.
Key activities undertaken to manage climate related risks include:
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 our core fixed income portfolio's alignment 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 include 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 Board of Directors and Committee Composition.
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 Business Ethics and Conduct, which provides five broad principles to which we adhere. These principles are:
Our Code of Ethics and Conduct, along with other key governance documents, can be accessed here: Governance
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:
Our Enterprise Resource Group (ERG): 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.
Inclusion & Belonging: We aim to foster a sense of belonging amongst our employees through accountability, representation, advancement, culture, and outreach initiatives.
Climate and Environmental Commitments: Since 2018, we have worked each year to offset our operational carbon emissions. Fidelis is a member of ClimateWise, and seeks to align its disclosures with recommendations and principles set out by ClimateWise.
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. Anti-Slavery & Human Trafficking Statement
For more information on our approach to Corporate Responsibility please read our Corporate Responsibility presentation here