Bermuda-based insurance and reinsurance holding company Fidelis Insurance has announced a series of senior promotions, including the appointment of Charles Mathias as Deputy Chairman.
Mathias was most recently Director of Underwriting, having started at the company in the role of Chief Risk Officer. He has nearly four decades of broking and underwriting experience and is also an Executive Director of the Fidelis Group.
He joined Fidelis in 2015 from Lancashire where he was latterly Chief Risk Officer, and, prior to 2005 he held a number of roles with brokers and MGAs in London, the USA and Mexico.
At the same time, Matthew Bellamy has been promoted to take over Mathias’s previous position as Director of Underwriting, having until now served as Head of FUL Property Reinsurance at Fidelis.
Bellamy has more than 15 years of underwriting experience and prior to joining Fidelis in 2019 was Head of Property Treaty and Deputy Active Underwriter at Lloyd’s Acapella Syndicate.
And finally, Fidelis has also announced the promotion of Michael Davern as a member of the Executive Committee.
Davern has grown the company’s portfolio in the D&F property sector and has over 20 years’ experience in the industry holding various roles within underwriting and actuarial. He joined Fidelis from AXA XL where he spent more than 10 years, most recently as an Underwriting Manager writing open market and delegated authority business.
“I am delighted to be able to promote Matt and Michael as valuable members of our core team,” said Richard Brindle, Chairman and Group Chief Executive Officer and Chief Underwriting Officer of Fidelis.
“They have been instrumental in developing our business and I look forward to working with them more closely as we continue to grow,” Brindle continued.
“I have worked with Charlie since 2005 and am happy to give him the recognition of the role he plays as an ambassador and adviser across all aspects of our company. This is a very exciting time for Fidelis and we are committed to developing our colleagues to help us forge ahead.”
