The insurance arm of Bermuda-based holding company Fidelis Insurance has appointed Paul Russell as the group’s new Head of Marine.
Russell’s arrival is part of a broader strategic effort by Fidelis to expand its marine segment internally as well as with its Marine MGA, Navium.
Navium commenced underwriting under Clive Washbourne in May 2021 and is reported to have already established a substantial market footprint.
This move places Fidelis among the top marine players in London and will see it new ‘Forum’ trading floor on Lime Street leveraged to maximise face-to-face accessibility to brokers.
The new state-of-the-art trading floor is designed to provide brokers with easier access to Fidelis underwriters, actuaries, wordings and claims specialists.
“We are looking forward to Paul joining our team as he brings with him a wealth of experience and client relationships that will further enhance Fidelis’ offering and uncompromising service and commitment to delivering the best insurance solutions for our brokers and clients,” said Richard Coulson, Chief Executive Officer of Insurance and Chief Underwriting Officer of Fidelis Underwriting Limited.
