Fidelis unveils $3bn MGU with Blackstone and Further Global joining investor base

Fidelis, Capital Z Partners, The Travelers Companies, Inc., Blackstone, Further Global Capital Management and Alfa Insurance

Richard Brindle’s London-Bermuda carrier Fidelis is to create a new managing general underwriter which plans to underwrite $3bn+ of GWPs and which will operate and be owned separately from its balance sheet business.

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