Fidelis Insurance has appointed group chief risk officer Charles Mathias to the board of Fidelis Insurance Holdings Limited (FIHL).

Mathias is taking the board seat vacated by Neil McConachie when he resigned as group chief financial officer and director earlier this year. McConachie, however, retains a consulting relationship with Fidelis until the end of 2017.

Commenting on the appointment, FIHL chairman Richard Brindle said Mathias’ impact as Fidelis group chief risk officer cannot be overstated.

“Our success is built on careful and expert assessment of risk, and Charles has demonstrated his broad knowledge and leadership in this regard. I am very pleased to welcome him to our board,” said Brindle.

The new board member, who joined Fidelis in 2016, has almost three decades of broking and underwriting experience. Mathias was chief risk officer at underwriter Lancashire before he moved to Fidelis.

At Lancashire, Mathias served as chief underwriting officer of the Bermuda entity, as well as group underwriting operations director. He eventually became responsible for the group’s enterprise risk management. 

Prior to joining Lancashire when it launched in 2005, Mathias held a number of roles with brokers and MGAs in London, the US, and Mexico.


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