Log In

Reset Password

Fidelis launches MGA

Bermudian-based Fidelis Insurance has launched managing general agent Radius, which will focus on niche specialty treaty excess of loss business such as cyber, nuclear and PA Retro.

Radius will be run by Rob Ashton who joins the company from Hiscox Re where he was head of specialty. The MGA began writing business today, two months earlier than previously announced in July, according to the statement.

Radius is the first MGA to be launched through Pine Walk Capital. The new subsidiary will be run by Rinku Patel, who most recently worked in the MGA and intermediary space at Hyperion Insurance Group.

Fidelis CEO Richard Brindle, said: “We are delighted to have joined forces with Rob and Rinku furthering our strategy to sponsor specialist underwriting products. Rinku's proficiency in managing MGAs together with our underwriting expertise, make Pine Walk a highly attractive destination for new or existing MGAs.”

Richard Brindle, CEO of Fidelis

You must be Registered or to post comment or to vote.

Published November 01, 2017 at 1:37 pm (Updated November 01, 2017 at 1:37 pm)

Fidelis launches MGA

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon