Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited.
While the group has secured multiple names, it is understood that not all may be used, as they may just be reserving the names before applying for registration etc.
The reserved names include:
- Pelagos Insurance Capital Limited
- Pelagos Insurance Capital Bermuda Limited
- Pelagos Specialty Holdings Limited
- Pelagos Specialty Bermuda Limited
- Pelagos Specialty Insurance Group Limited
- Pelagos Purpose Foundation
The Pelagos Purpose Foundation may link to the Fidelis Foundation, a charitable body established in 2020 that enables staff from The Fidelis Partnership and Fidelis Insurance Group to promote altruism and philanthropy consistent with company values.
It supports anti-fascism, anti-racism, anti-discrimination, female empowerment, green education, poverty reduction, animal welfare, and ending prejudice.
Dan Burrows, Group Chief Executive Officer, Fidelis Insurance Group, said: “Our new name, Pelagos Insurance Capital, expected to launch in May 2026, captures our brand identity and future direction. It reflects our role as strategic capital allocators, highlights our unique market position, and reinforces our commitment to building lasting partnerships and meaningful connections with an expanded network of underwriting partners.
“Pelagos comes from the root of the word ‘archipelago,’ a community of islands, each unique yet connected and working together. It reflects how we’re built: a global community of teams, locations and trading partners, each bringing distinct expertise and made stronger by the connections between us.”
Pending shareholder and regulatory approvals, the company expects to begin trading on the New York Stock Exchange under the new ticker symbol PLGO in May 2026.
The brand refresh will not alter the group’s regulatory permissions, operations, or existing policy terms, Fidelis noted.
The transition of various legal entities to the Pelagos name will continue through 2026, subject to obtaining all necessary regulatory and legal approvals, including shareholder approval.
