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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
CaliforniaDescription
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.
Agreement Insights
Based on industry dataStrategic 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