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The Fidelis Partnership to open an office in Abu Dhabi

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The Abu Dhabi skyline (File photograph)

The Fidelis Partnership, the Bermudian-based managing general underwriter, is to open an office in Abu Dhabi.

The organisation said Fidelis MEASA (Middle East, Africa, Southern Asia) will give it access to and the ability to service new markets, clients and investors.

Matthew Warren will join The Fidelis Partnership to lead the office as executive chairman of Fidelis MEASA, alongside Youssef Al Kareh as chief executive and CUO of Fidelis MEASA.

Mr Warren, previously the chief executive of Oneglobal Middle East, said: “The Fidelis Partnership has established a reputation as a leading player globally when it comes to complex risks. This is an exciting opportunity to bring these capabilities to new markets and investors in the region.

“We look forward to meeting brokers and their clients in person as we build our presence in Abu Dhabi and the wider MEASA region.”

Mr Al Kareh has held a number of senior executive roles in the region, including most recently deputy chief executive, Corporate Insurance of Shory.

He said: “By establishing an on-the-ground presence, The Fidelis Partnership is demonstrating its strong commitment to Abu Dhabi and the wider region.

“I look forward to working closely with the teams in London, Bermuda and Dublin and bringing their expertise to current and prospective clients.”

Richard Coulson, the chief executive of Insurance and deputy group chief underwriting officer of The Fidelis Partnership, said: “This is another positive development in our ambitious expansion plans, giving us more direct access to a vibrant region, which has a significant pool of potential business.

“This also forms part of our commitment to building a footprint that aligns to where our clients, brokers and investors are.”

He added: “More broadly, insurance is a critical enabler for the energy transition and The Fidelis Partnership is already playing a leading role in helping our clients in both traditional and renewable energy tackle the unique risks and complexities in this area.

“We see significant potential to bring this expertise closer to clients in the Middle East.”

Matthew Warren, executive chairman of Fidelis MEASA (File photograph)
Youssef Al Kheri, CEO and CUO of Fidelis MEASA (File photograph)
Richard Coulson, CEO of Insurance and deputy group chief underwriting officer of The Fidelis Partnership (File photograph)

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Published May 24, 2024 at 11:16 am (Updated May 26, 2024 at 6:41 pm)

The Fidelis Partnership to open an office in Abu Dhabi

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