Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), has announced the launch of a new Capital Solutions business called Mezura Capital Partners, which will be headquartered in Bermuda.
Mezura Capital, led by Shireen Gammoh as CEO, has been established to offer strategic capital solutions and forging partnerships with insurers and reinsurers.
Its offering will include whole account solutions, structured casualty and specialty arrangements, and retrospective solutions, including combined prospective and retrospective covers.
Gammoh is set to lead the new business bringing almost two decades of experience across Bermuda, London, and the United States.
Her deep expertise covers retrospective, structured reinsurance, and capital solutions, as well as alternative/ILS capital market solutions.
The executive joins from Howden Re, where she served as Managing Director in its Legacy & Structured Solutions team. Prior to Howden Re, Gammoh was Global Head of Capital Advisory at Gallagher Re, and she has also held senior capital management positions at, Flood Re, and Canopius.
Gammoh commented: “I’m hugely excited to be launching Mezura at a time when large specialty insurers and reinsurers are increasingly seeking both nimble, bespoke capital management solutions and long-term strategic partnership.
“To launch this business on the Pine Walk platform, with The Fidelis Partnership’s reputation for underwriting leadership and innovation, was a highly attractive opportunity, and I am delighted to be getting started.”
With the launch of Mezura Capital, subject to the necessary regulatory approvals, Pine Walk has now established 17 businesses on its platform – which provides custom underwriting, operational and regulatory frameworks to support specialist and innovative underwriting offerings.
Michael Davern, UK CUO & Group Head of D&F Property and Energy at The Fidelis Partnership, stated: “Pine Walk is a key pillar of TFP’s differentiated distribution footprint and we’re delighted to launch Mezura Capital as Pine Walk’s 17th business unit. In a global risk environment evolving at pace, there is increasing demand for flexible, innovative and tailored capital solutions.
“Shireen’s outstanding reputation, deep market expertise, and international experience mean she is exceptionally well placed to build an offering that responds to this demand at scale. It’s a pleasure to be welcoming her to the Pine Walk team.”
