Fidelis Insurance, the privately owned Bermuda-based holding company, has announced a series of key role changes including the replacement of Ben Savill as Bermuda Chief Executive Officer.
The announcement comes as Fidelis strengthens restructuring its business along four pillars: Bespoke, Reinsurance, Partnerships and Specialty.
Hinal Patel, Group Chief Financial Officer, will lead as Fidelis Insurance Bermuda Chief Executive Officer in Savill’s place.
Patricia Roufca, Group General Counsel, will assume the new and additional role of Chief Operating Officer. Since arriving to the company, Fidelis says she has delivered and executed on key projects including a proposed Brexit solution.
Richard Brindle, Chairman and CEO, will reassume the additional role of Group Chief Underwriting Officer, leading the underwriting across the company’s four pillars.
“We are always looking to improve our service to our clients and this clear division of our core underwriting business into four pillars will sharpen the focus on our key products and relationships,” Brindle commented.
“We have great strength and depth in our executive team, and Patricia will be instrumental in driving the continued search for efficiency in all we do.”
“I am looking forward to an exciting future for Fidelis with strong definition on our sources of profit and differentiation, and with a relentless dedication to our culture of execution.”
