Fidelis enters contingency and fine art markets
To spearhead its entry into the contingency and fine art and specie markets, Fidelis Underwriting Limited has appointed Emily Clapham and Stacey Munton respectively as underwriters in those classes.
They will be based in London and will join the Fidelis Specialty Team.
Fidelis Underwriting is part of Bermudian-based Fidelis Insurance Holdings Limited.
Richard Coulson, chief underwriting officer for Fidelis Underwriting Limited said: “The contingency market has been turned upside down by the global impacts of Covid-19. As incumbents in this market withdraw and retrench there is real opportunity for Fidelis to take a lead role in innovating, restructuring and repricing products to ensure clients of this market continue to have access to long term risk transfer solutions.
“Fidelis can provide innovation and leadership for these products, and we are excited to have an underwriter of Emily's calibre join to spearhead this business for the group.”