Fidelis Underwriting Limited, a subsidiary of Bermuda-based Fidelis Insurance Holdings Limited, has promoted Kayley Stewart to the position of Co-Deputy Chief Underwriting Officer (CUO), and Head of Crisis Management.
Stewart’s promotion is followed by Michael Davern’s appointment to the role of Co-Deputy CUO and Head of D&F and Energy.
Matthew Bellamy has also been promoted to assume the role of Head of Property Reinsurance.
Richard Coulson, Chief Executive Officer of Insurance and Chief Underwriting Officer of Fidelis Underwriting Limited, said: “I am delighted to confirm Kayley and Michael’s appointment to Co-Deputy CUO, which reflects their outstanding contribution to profitably growing their areas of the business in what continues to be a transformational period for Fidelis, and will help Fidelis to continue to respond to our client’s needs and to out-perform expectations.”
Richard Holden, Chief Executive Officer of Reinsurance and Chief Underwriting Officer of Bermuda, said: “Matt has been instrumental in constructing our London reinsurance portfolio, which initially focused on North American property cat but has more recently expanded into other reinsurance lines and territories.
“Matt’s promotion is a reflection of his role in the Fidelis global reinsurance team as we look to continue to provide solutions to our clients and brokers in an evolving marketplace.”
