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Fidelis Underwriting Limited bolsters London reinsurance pillar

Fidelis Underwriting Limited bolsters London reinsurance pillar | Insurance Business

Fidelis Underwriting Limited bolsters London reinsurance pillar

The reinsurance pillar of Fidelis Underwriting Limited (FUL) is about to get stronger.

Bringing more than 13 years of experience, Matthew Bellamy is coming onboard FUL’s London underwriting team on November 01.

“I am excited to join Fidelis and to continue to build on Fidelis’s success by further expanding its property treaty reinsurance book in London, complementing Fidelis’s portfolio across the group,” stated Bellamy, who most recently served as property treaty head and deputy active underwriter at Lloyd’s Acapella Syndicate.

Commenting on the appointment, executive head of reinsurance Rich Holden said this is the right time to continue to grow their London reinsurance pillar. Holden added that he is “very pleased,” citing Bellamy’s market relations and industry knowledge.

Meanwhile FUL chief underwriting officer Rich Coulson had this to say: “FUL started writing property treaty reinsurance in 2017 and was successful in creating this opportunity outside of the Lloyd’s market. We look forward to having Matt join us to continue to grow our London book.”