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The Fidelis Partnership Syndicate 3123 begins underwriting business at Lloyd’s

Jul 01, 2024•almost 2 years ago

Contract Type

partnership

California

Description

The Fidelis Partnership Syndicate, in collaboration with Fidelis Insurance Group and Hampden Agencies, has formally begun underwriting business at Lloyd’s. The syndicate has an initial target to write $180 million of Gross Written Premium (GWP) in H2 of 2024 and $450 million in 2025, underwriting across multiple insurance and reinsurance classes.

Company Information

Company

The Fidelis Partnership

Location

California, United States

About

The Fidelis Partnership is a global specialty insurer and provider of private capital to Lloyd’s.

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Strategic

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months