Symms takes Fidelis reinsurance relationships role

Bermudian-based Fidelis has named John Symms as head of outwards insurance.

The company said Mr Symms will co-ordinate all aspects of engagement with reinsurers across all segments of the business.

The aim is to support the growth of Fidelis’s reinsurance partnerships and the increasingly important quota-share relationships across multiple lines of business.

Mr Symms will works with Phil Vandoninck in his role as chief executive officer of Socium, Fidelis’s partnerships pillar.

Richard Brindle, chairman and group chief executive officer of Fidelis, said: “Fidelis sets great value on its reinsurance relationships and this appointment is a demonstration of our commitment to provide best in class service and transparency to our partners.”

Mr Symms said: “I understand Fidelis devotes extensive resources to provide cutting edge tools for outwards analysis and reporting and I’m looking forward to utilising the tools to provide market leading information to our partners.”

Phil Vandoninck noted: “Fidelis has a large number of reinsurance partners over 20 classes of business. This requires us to focus resources on the entire outwards process from broker and counterparty selection to placement and reporting.

“John’s extensive experience and relationships can only help us to develop further and offer a better service to our reinsurers.”

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Published Jan 27, 2020 at 12:31 pm (Updated Jan 28, 2020 at 8:02 am)

Symms takes Fidelis reinsurance relationships role

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