Insurance and reinsurance firm Fidelis has announced three new appointments designed to boost its underwriting capability.

Nick Burkinshaw has joined the firm from Catlin in London and is the new chairman of specialty at the firm.

Ben Savill is Bermuda chief executive officer, while Richard Holden will head North American underwriting.

Fidelis set up earlier this year with initial capitalisation of $2 billion.

Fidelis group CEO Richard Brindle said: “Fidelis has made exceptional strides since launch. However, the realisation of our strategy and ambitions depend on the continual enhancement of our team the appointment of exceptional underwriters who understand the cycle.

“Success in today’s specialist insurance market requires innovation, a clear direction and the provision of targeted bespoke solutions.

“Nick, Ben and Richard have consistently marked themselves out as some of the market’s leading underwriters. They have built their reputations on challenging outdated practices and working to forge lasting relationships by providing better solutions for clients.

“They share our vision and aspirations for Fidelis and provide us with additional expertise to strengthen our offering and target further sectors in which we see unrealised potential. I am very pleased to welcome them to our team.”

Mr Savill, formerly of Amlin Bermuda, where he led the North American unit, has more than 18 years of experience in the industry, while Mr Holden is a 14-year industry veteran and also joins Fidelis from Amlin, where he was a leading class underwriter.