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Upstream Energy

At The Fidelis Partnership we provide niche Upstream Energy products including excess of loss ‘Named Windstorm Only’ and Decommissioning Bond solutions for our clients with assets in the Gulf of Mexico. Our sponsored MGA Kersey offers more conventional Operational and Construction coverage in the Upstream Energy market.

Downstream Energy

We also provide Insurance & Reinsurance for Operational Downstream Energy / Power & Utilities risks. Downstream Energy scope includes Oil & Gas & Petrochemicals Refining, Processing, Marketing & Distribution. Power & Utilities encompasses both Conventional & Renewable Energy Power Generation assets. We provide coverage for All Risks of Physical Loss or Damage and Business Interruption with a preference to attach excess of Critical Natural Catastrophe and CBI sub limits.

We are committed to driving forward anti-coal initiatives, we look to shape change by not offering insurance to companies to support coal extraction or to generate energy using coal.

Renewables on/offshore

The Fidelis Partnership provides cover for both the construction and operational phase of renewable energy projects globally. With a particular focus on the offshore market, we can deploy meaningful capacity to support physical damage and business interruption risks across wind farms, grid connection projects, and interconnectors.  Our onshore offering covers solar and wind projects worldwide, providing cargo transit, CAR and OAR insurance to our clients on a quota share or excess of loss basis. 

Our cross-class capabilities allow us to offer matching terrorism capacity where required.

Our Team

  • Mike Davern

    Michael Davern
    UK CUO & GROUP HEAD OF D&F PROPERTY, ENERGY AND CONSTRUCTION

    Michael UK CUO and Group Head of D&F Property, Energy and Construction at The Fidelis Partnership. Michael joined Fidelis Insurance from AXA XL in March 2020. After graduating from Oxford University with a Master of Physics degree in 2003, he joined Lane Clark & Peacock Actuarial Consultancy. He joined Catlin in 2008 and qualified as Fellow of the Institute of Actuaries (FIA). He was the property actuary responsible for pricing, reserving and capital modelling for all property lines worldwide across the group. He moved over onto the underwriting side in 2010 as class underwriter writing International and US D&F property business for the Lloyd’s of London Syndicate. He progressed to Underwriting Manager and established the middle market cost centre writing a combination of delegated authority and open market business. Michael will be writing a shared and layered D&F portfolio through the London Market Wholesale Broker network.

    Email: Michael.Davern@fidelispartnership.com

  • Riten Shah

    Riten Shah
    HEAD OF UPSTREAM ENERGY AND TRANSITION

    Riten is the Head of Upstream Energy and Energy Transition at The Fidelis Partnership, having joined in January 2025. He began his career in 2005 with Marsh & McLennan’s Natural Resources Division, gaining extensive experience in insurance contracts and programme design for global oil and gas clients. In 2014, he moved into underwriting at Canopius, followed by a leadership role as Head of Energy at Lochain Patrick in 2019. Riten holds an MBA in International Business and Finance.

    Email: riten.shah@fidelispartnership.com

     

  • Oliver Searles

    Oliver Searles
    UNDERWRITER - ENERGY

    Oliver is an Upstream and Energy Transition Underwriter at The Fidelis Partnership. Oliver joined the business in September 2024. Prior to this, he spent four years at Marsh, initially on the graduate scheme and later as an Assistant Vice President within the Asia Pacific Energy team. Oliver is ACII qualified and holds a BA (Hons) in Philosophy, Politics and Economics from Durham University.

    Email: oliver.searles@fidelispartnership.com

     

  • Cathal Ruane
    ASSISTANT UNDERWRITER

    Cathal is an Assistant Underwriter at The Fidelis Partnership. Cathal joined Fidelis Insurance in 2022. Prior to joining Fidelis, Cathal worked in the renewals team at Arachas Corporate Brokers. Cathal holds an honours degree in Risk Management and Insurance from the University of Limerick.   

    Email: Cathal.Ruane@fidelispartnership.com

     

  • Conor Pearson
    ASSISTANT UNDERWRITER

    Conor is an Assistant Underwriter at The Fidelis Partnership. Conor joined Fidelis Insurance in 2022. Prior to Fidelis Insurance, he worked for Axis Capital as a control operations and DUA intern. Conor graduated from the University of Limerick with a Bachelor of Business, majoring in Insurance and Risk Management.

    Email: conor.pearson@fidelispartnership.com

  • Billy Sallitt

    Billy Sallitt
    UNDERWRITING ASSISTANT - ENERGY

    Billy is an Underwriting Assistant on the Energy team, having  joined The Fidelis Partnership in February 2025. Prior to this Billy studied Business and Sociology at Newcastle University, graduating in July 2024.

    Email: billy.sallitt@fidelispartnership.com

     

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