The Bermudian-based insurer formerly known as Fidelis Insurance Holdings has completed its rebranding to Pelagos Insurance Capital.

The legal name change to Pelagos is effective today. Shareholders approved the move at the annual meeting on April 28. The company’s ticker symbol is expected to change from “FIHL” to “PLGO” on the New York Stock Exchange, effective Tuesday.

Dan Burrows, group chief executive officer, said: “Our new name, Pelagos Insurance Capital, marks an exciting milestone in our evolution. The name is a stronger, clearer reflection of who we are. It captures what we’ve built, how we create value, and where we’re going.

“Like an archipelago with distinct parts that are closely linked and stronger together, our new name speaks to the power of connection.

“While our name is changing, everything else is staying the same. The same team and expertise, the same capital strength and underwriting strategy, and the same commitments to our clients, brokers, and shareholders.”