The Fidelis Partnership is a high-growth, diversified lead underwriter, originator and risk allocator
Built on a 40-year track record of outperformance
We have long- term capacity including cornerstone 10 year rolling binder with Pelagos Insurance Capital, Lloyd’s Syndicate 3123 backed by ‘sticky’ Names capacity and Lloyd’s Syndicate 2126 backed by multi- year capacity from Blackstone. This is complemented by 60+ global insurer and reinsurer relationships and 11 Lloyd’s Consortia.
$5.4 billion Written Premium across Fidelis Underwriting and our MGA incubator Pine Walk
Year ended December 31, 2025 (1)
We underwrite over 150 lines of business in more than 140 countries
Lead Underwriter on 96% of Written Premium attributable to Fidelis Underwriting
Lead underwriter (2)
$1.2 billion Pine Walk Written Premium
With teams on the platform doubling over the last 24 months (1)
$411 million Adjusted EBITDA
With minimal adjustments and industry leading EBITDA margins of 60% (1) (3)
Double digit organic growth
With no M&A or large capital outlays
Our Team
Our Team
We are experts in origination, underwriting, portfolio design and optimisation, actuarial pricing and exposure management, and risk processing, supported by the use of proprietary technology and AI.
Our offices in Bermuda, London, Dublin, Abu Dhabi, and Miami work in lockstep. We harness the full strength of these platforms to build partnerships for a unified underwriting approach.
PHENNY BRINDLE
Co-Chief Canine Officer
We lead the market through
LEADERSHIP
LEADERSHIP
Proven leaders, making confident decisions to deliver exceptional outcomes
Our Business ModelRICHARD BRINDLE
Founder, Chairman & Group Chief Executive Officer
We lead the market through
SOLUTIONS-LED
SOLUTIONS-LED
Quick, nimble, bespoke – without restriction
Bespoke InsuranceMICHAEL DAVERN
UK CUO and Group Head of D&F Property and Energy
We lead the market through
Creativity
Creativity
Creating growth through first-mover innovation
Our ProductsSuzanne Wells
Group Chief Operating Officer
We lead the market through
INNOVATION
INNOVATION
Using AI to allocate risk across multiple capacity sources with greater precision and scale
Our Business ModelJohn-Paul O'Hare
Group Director of Underwriting
We lead the market through
Optimisation
Optimisation
Turning capital into competitive advantage
Our CapacityConor O’Riordan
Group Chief Financial Officer
We lead the market through
PERFORMANCE
PERFORMANCE
Driving results through disciplined execution
The Fidelis Partnership SyndicatesCatherine Scullion
Chief Financial Officer - Syndicate
We lead the market through
Respect
Respect
Building trusted partnerships that create lasting value
SustainabilityCHARLES MATHIAS
Deputy Chairman
What we do
Bespoke
First we listen. Then we act. Every client is different and we approach underwriting with both vigilance and nuance to ensure that our experts are acting in the best interests of our clients. Our unique book of products enables us to make good decisions that are as diverse as the clients we serve.
What we do
Reinsurance
We manage risk. Our innovative reinsurance and retrocession products provide coverage across catastrophe reinsurance, property, specialty reinsurance and specialty insurance lines.
What we do
Specialty
We are more than one platform. We offer coverage for a number of specialty lines, both via our own books and through our MGA, Pine Walk. We are responsive and nimble, with the ability to meet the demands of our clients, who trust us to deliver excellence every day.
We are driven by the desire to enact positive change. Our focus on sustainability guides our decision-making, working practices, culture and ethos at every level.
SUSTAINABILITY(1) Year Ended December 31, 2025. Written premium represents the premium underwritten by us for all Capacity Providers on a year of account basis. Written Premium is a metric that indicates the scale and growth of the business, consistent with its use in the insurance industry. It includes estimates based on information received from (re)insureds and brokers. Written Premium includes reinstatement premiums received. (2) Lead Underwriter means one or more underwriters that, pursuant to the relevant policy and/or related documentation, is identified as being one or more of the following: claims lead, slip lead, claims agreement party, agreement party to special acceptance, and agreement party to contract changes. (3) We define Adjusted EBITDA as Net Income (the most directly comparable U.S. GAAP financial measure) before (i) interest expense, net, (ii) income tax expense / (benefit), (iii) depreciation, (iv) amortization, and (v) stockbased compensation expenses and further adjusted for other non-cash or non-reoccurring items including, (i) other (income) / expense, net, (ii) net (gain) / loss on equity securities, (iii) share in Syndicate (income) / loss and (iv) interest income.