The Fidelis Partnership is deepening its analytical footprint in Bermuda. The firm has appointed Alex Rossiter as head of portfolio analytics and risk allocation and Greg Bowman as group head of ceded reinsurance analytics.
Rossiter returns to The Fidelis Partnership after a stint at Convex, where he served as impact analytics manager. He previously held a role at the firm where he helped shape its technical underwriting and analytical frameworks.
He brings actuarial expertise and deep familiarity with the firm’s risk allocation business model. He will be based in London.
Bowman’s relocation to the island, meanwhile, puts a senior ceded reinsurance specialist at the heart of one of the world’s most important reinsurance markets.
Bowman has moved from London to Bermuda to take on his expanded remit. He brings more than 15 years of experience in reinsurance analytics, capital modelling and ceded structure optimisation.
His role covers the design and placement of ceded reinsurance programmes across TFP’s network of capacity providers.
Bowman’s move follows TFP’s deliberate pattern of analytical expansion on the island. In September 2025, the firm moved Danny Mereu from London to Bermuda as group head of property underwriting analytics and pricing.
Those moves came as TFP reported gross written premium of US$4.6 billion for 2024, a 29% increase year on year. The growth has put pressure on the firm to scale its analytical infrastructure accordingly.
John-Paul O’Hare, group director of underwriting at The Fidelis Partnership, said the appointments reflect the firm’s continued investment in the analytical capabilities at the core of its underwriting model.
He said Bowman’s expanded role would enhance the firm’s ability to optimise portfolios across multiple capacity providers. He added that the goal was “helping partners manage risk and deploy capital efficiently while achieving superior risk-adjusted returns.”
The focus on ceded reinsurance analytics reflects market-wide pressure facing MGA platforms. Fronting insurers typically retain only 10% to 20% of gross premiums written. They cede the remainder to reinsurers through quota-share agreements.
MGA-sourced direct premiums written totalled $90.4 billion in 2024, about 9% of the US P&C insurance market. Premiums grew 90% over the past five years, placing ceded reinsurance structuring at the centre of MGA capital management.
The Rossiter appointment addresses a separate but related pressure. In a softening market, reinsurers are scrutinising MGA portfolios more closely. They now show preference for high-quality, well-segmented books over broad quota shares.
The shift puts a premium on portfolio analytics and risk allocation expertise. It is precisely the kind of capability Rossiter brings back to the firm.
Rossiter said returning to the firm reinforced his view of what makes its model distinctive: “The combination of entrepreneurial underwriting, analytical rigour, and a relentless focus on portfolio performance creates an environment unlike any other in the market.”
He added that he looks forward to enhancing the firm’s pricing, portfolio analytics and risk allocation capabilities.
