Business

Fidelis Insurance opens new trading floor

The new operation is located in London, effective 28 October

Fidelis Insurance Holdings has announced the opening of its state-of-the-art trading floor, named the ‘forum’.

The new operation is located at 37-39 Lime Street, London EC3M 7AY and will be a trading hub for Fidelis and its MGA platform, Pine Walk Capital, effective 28th October 2021.

Richard Coulson, chief executive officer of Insurance and chief underwriting officer of Fidelis Underwriting Limited, said: “The opening of our new trading floor highlights our absolute commitment to providing the face-to-face service and decision making that our brokers and clients demand and deserve.

“This unique facility is another important step for our company at this transformational time, and I look forward to watching this space become a primary market trading hub and facilitator of countless successful transactions going forwards.”

Rinku Patel, CEO of Pine Walk Capital, said: “The Pine Walk Group is delighted to take our next step in our growth as we enter our fifth year. It’s been a big year so far for Pine Walk, since Navium joined, and we’re looking forward to welcoming our clients and the continued broker support.”

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