SME-focused MGA Firestone Surety Limited has undergone a rebrand – and the Firestone name is no more.
The Fidelis Insurance Holdings Limited MGA will instead be known as Oakside Surety Limited going forward.
The move was announced in a short Press release which stated that Oakside will remain focused on the SME sector of the surety market and be managed through Pine Walk Capital Limited.
The Firestone name was originally established along with the MGA’s formation back in November, 2017. However, that name was seen as a “working title” for the formation of the business. Its new name has now been chosen as its permanent identity. The MGA is run by surety industry veteran Andy Ray, who formed Kerry London’s surety broking division in his capacity as managing director.
“I am pleased to partner with Fidelis and Pine Walk in forming this new MGA,” commented Ray back in December. “There is a clear need for new capacity in the SME sector, supporting the bonding needs of main and sub-contractors.”
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