Fidelis has appointed Charles Mathias to the newly created position of group director of underwriting.
In his new role, Mathias will be responsible for ensuring that Fidelis’ underwriting data, systems, processes and reporting are of the “highest standard” and will support the CEOs of insurance and reinsurance in delivering Fidelis’ business plans.
Mathias previously served five years as chief risk officer at the firm. This role will now be assumed by Phillip Murfet.
Murfet was formerly Fidelis’ group portfolio manager and head of catastrophe modelling.
Richard Brindle, chairman and group chief executive officer of Fidelis, said: “The scale and scope of our underwriting capabilities have increased dramatically over the last two years.
“We now offer over 60 different products working with our clients through brokers and MGAs. So our underwriting controls, systems and data are at the centre of what we do, not just for our own needs but also for those of our Socium partners and other stakeholders.”
He added: “We have already developed market leading tools to manage our underwriting and analytics. We now need to move to the next level of automation and reporting. Charlie has great experience in these areas and will ensure we remain efficient and focused.”