Fidelis Insurance Holdings Limited has opened the ‘Forum’, a new trading hub for the company and its MGA, Pine Walk Capital, located at 37-39 Lime Street, London.
The new state-of-the-art trading floor is now open, enabling brokers to meet with Fidelis underwriters, actuaries, wordings and claims specialists to explore opportunities across 57 lines of business under bespoke, reinsurance, and specialty.
Additionally, brokers will be able to meet with all managing general agents (MGAs) that are managed by Pine Walk Capital, including Kersey, Navium, Oakside, Perigon, and Radius.
Richard Coulson, Chief Executive Officer (CEO) of Insurance and Chief Underwriting Officer of Fidelis Underwriting Limited, commented: “The opening of our new trading floor highlights our absolute commitment to providing the face-to-face service and decision making that our brokers and clients demand and deserve.
“This unique facility is another important step for our company at this transformational time, and I look forward to watching this space become a primary market trading hub and facilitator of countless successful transactions going forwards.”
The launch of ‘Forum’ is somewhat akin to a major player in the market launching its own Lloyd’s underwriting room, and interestingly, Fidelis does not have a Lloyd’s syndicate either.
Rinku Patel, CEO of Pine Walk Capital, added: “The Pine Walk Group are delighted to take our next step in our growth as we enter our fifth year. It’s been a big year so far for Pine Walk, since Navium joined, and we’re looking forward to welcoming our clients and the continued broker support.”
