Fidelis opens new London trading floor

Move “highlights our absolute commitment”

Fidelis opens new London trading floor

Insurance News

By Terry Gangcuangco

The ‘Forum’, Fidelis Insurance Holdings Limited’s (Fidelis) new state-of-the-art trading floor, is now open at 37-39 Lime Street in London.

“The opening of our new trading floor highlights our absolute commitment to providing the face-to-face service and decision-making that our brokers and clients demand and deserve,” said Richard Coulson, the group’s insurance chief executive and Fidelis Underwriting Limited chief underwriting officer.

“This unique facility is another important step for our company at this transformational time, and I look forward to watching this space become a primary market trading hub and facilitator of countless successful transactions going forwards.”

The new trading floor will be used by Fidelis and its managing general agent platform Pine Walk Capital. The latter manages the likes of Kersey, Navium, Oakside, Perigon, and Radius. Brokers will be able to meet with all the abovementioned MGAs, as well as with Fidelis underwriters, actuaries, and wordings and claims specialists across 57 lines of business.

Commenting on the move, Pine Walk Capital CEO Rinku Patel stated: “The Pine Walk Group are delighted to take our next step in our growth as we enter our fifth year. It’s been a big year so far for Pine Walk, since Navium joined, and we’re looking forward to welcoming our clients and the continued broker support.”

The Forum is operational with immediate effect.         

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