Fidelis MGU bolsters underwriting team with key promotions

Three elevated to senior roles

Fidelis MGU bolsters underwriting team with key promotions

Insurance News

By Mika Pangilinan

Fidelis MGU has announced a series of promotions to bolster its underwriting team, with three elevated to senior roles, effective immediately.

Richard Coulson (pictured left) has been promoted to deputy group chief underwriting officer. He will assume the role while maintaining his secondary position as chief executive officer of insurance. Coulson joined Fidelis in 2015 as head of speciality. Since 2021, he has served as UK CUO and insurance CEO.

Stepping into the UK chief underwriting officer role is Michael Davern (pictured centre), who was deputy UK CUO. At the same time, Davern will continue his duties as group head of D&F (direct and facultative) property, energy, and construction.

The new UK CUO began his career in 2003 at Lane Clark & Peacock actuarial consultancy before transitioning to an underwriting capacity at Catlin Syndicate. He came to Fidelis in 2020 as a senior underwriter.

Matthew Bellamy (pictured right), who has now been elevated to the position of deputy UK CUO, will concurrently maintain his role as director of underwriting for the group. His responsibilities include overseeing underwriting data, systems, processes, and reporting.

Bellamy joined Fidelis in 2019 as a senior underwriter. He began his career at Amlin as a US property treaty underwriter. He later moved to Acapella Syndicate 2014 where he held a number of senior underwriting roles and was deputy active underwriter.

Aside from these three moves, Fidelis MGU also promoted Jamie Cann to head of aviation and space, Savannah Thompson to head of political risk, and Abigail Wilkins to head of airlines.

“It is an exciting time for Fidelis MGU as we take advantage of our separation from the Fidelis Insurance Group to redouble our focus on underwriting and our balance sheet colleagues complete a successful first earnings release as a public company,” said executive chairman and CEO Richard Brindle. “These promotions recognise the fantastic contributions that these colleagues have made in executing our plans for growth and profitability.”

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