Fidelis Partnership Syndicate Begins Underwriting at Lloyd's with $180M Target, Eyes $450M in 2025 Premiums

The Fidelis Partnership together with Fidelis Insurance Holdings Limited (NYSE:FIHL) ("Fidelis Insurance Group") are pleased to confirm that Syndicate 3123 ("The Fidelis Partnership Syndicate") has formally begun underwriting business at Lloyd's.

The Fidelis Partnership Syndicate was launched by The Fidelis Partnership in collaboration with the Fidelis Insurance Group, a global specialty insurer, and Hampden Agencies, the largest provider of private capital to Lloyd's. The sponsorship of this syndicate by The Fidelis Partnership marked the return of its Founder and Chief Executive Officer, Richard Brindle, to the Lloyd's market after 26 years.

The Fidelis Partnership 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 including contract frustration and political risk, credit, property catastrophe, political violence, marine, and aviation.