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Kelly Sanders to return to The Fidelis Partnership as Founder and Chief Underwriting Officer of Seraphina
Pine Walk Capital Limited (“Pine Walk”), the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership ("TFP" or "Company"), is pleased to announce the launch of its latest MGA, Seraphina.
Seraphina will write a broad portfolio of International Property business, complementing and diversifying The Fidelis Partnership’s existing Property D&F book and supporting the BRICS+ strategy to broaden the geographical footprint of the business
The launch also marks a return to the Company for Kelly Sanders, who was formerly a Senior Underwriter with the business. Kelly joins from Probitas 1492 where she was a Senior Underwriter and, prior to her last period with Fidelis Insurance, spent over 10 years in senior underwriting roles for StarStone and FM Global.
Launched in 2017, Pine Walk Capital Limited has now established ten MGAs providing custom underwriting, and operational and regulatory frameworks to support specialist and innovative underwriting offerings. In 2023, Pine Walk’s GWP grew 43% to $780 million.
Rinku Patel, Group COO of The Fidelis Partnership and CEO of Pine Walk, said: “We’re delighted to launch Seraphina as we continue to grow the Pine Walk platform in line with our expectations to surpass $1bn in GWP next year. Profitable growth is a natural result of the disciplined approach we take within the markets we’ve entered. We’re also delighted to welcome Kelly back to group, she has the deep trust of the leadership team and a large following in the market. Her solution-based underwriting approach has made her a sought-after partner for brokers and their clients, and we are excited for her to start.”
Kelly Sanders, Founder and Chief Underwriting Officer of Seraphina, said: “The international property market is expanding, within the overall context of a growing global economy as well as a heightened risk environment, driven, in part, by climate change. We’re seeing particular appetite for insurance from within the BRICS+ region. From experience, I know that no company is better placed to capitalise on these changes and opportunities than The Fidelis Partnership and I can’t wait to work with the team again.”
