Fidelis Insurance Holdings, operating as Fidelis Insurance Group, has named Hannah Greenwood (pictured above) as chief underwriting officer (CUO) for Bermuda. The announcement follows Greenwood’s tenure as chief of staff since joining the company in 2023.
In her expanded role, Greenwood will oversee the development and implementation of underwriting strategies for Fidelis Insurance Bermuda, with a focus on risk management and operational initiatives. She will maintain her responsibilities with the executive team on strategic projects.
Greenwood has more than a decade of experience in the insurance sector. She began her career at Lloyd’s of London before moving to NMB (later renamed Ed) in 2014 as an energy broker. In 2020, she shifted to a strategic position supporting the CEO with a focus on specialty lines. In 2021, she joined Ardonagh, working with the CEO of its capital solutions division.
She holds a BA in politics, philosophy, and economics from the University of Durham and an MBA from Warwick Business School. Greenwood is also ACII certified.
Group chief financial officer and Bermuda chief executive officer Allan Decleir noted that the decision to promote Greenwood was based on her contributions over the past two years.
“As chief underwriting officer, Hannah will be responsible for shaping FIBL’s underwriting strategy, strengthening our risk management practices, and driving innovation within our Bermuda operations. We are very fortunate to have her on board," Decleir said.
Bermuda serves as a central hub for Fidelis’s underwriting operations, particularly in specialty lines such as energy, marine, and aviation. Greenwood’s role will be closely tied to optimizing performance in these areas as the company refines its strategic positioning.
The appointment comes shortly after Fidelis Insurance Group reported a net loss of US$42.5 million, or US$0.38 per share, on revenue of US$658.4 million for the first quarter of 2025.
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