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The Fidelis Partnership’s Pine Walk launches new MGA, Seraphina

The Fidelis Partnership’s wholly-owned subsidiary Pine Walk Capital Limited has launched its latest MGA, Seraphina.

Seraphina will reportedly write a broad portfolio of International Property business, “complementing and diversifying” The Fidelis Partnership’s existing Property D&F book.

The new MGA will additionally support the firm’s BRICS+ strategy to broaden its geographical footprint.

Seraphina’s launch also marks the return of Kelly Sanders to the company.

Sanders rejoins from Probitas 1492 where she was a Senior Underwriter. Before her last period with Fidelis Insurance, she spent over 10 years in senior underwriting roles for StarStone and FM Global.

Rinku Patel, Group COO of The Fidelis Partnership and CEO of Pine Walk, commented on the launch “We’re delighted to launch Seraphina as we continue to grow the Pine Walk platform in line with our expectations to surpass $1bn in GWP next year. Profitable growth is a natural result of the disciplined approach we take within the markets we’ve entered.

We’re also delighted to welcome Kelly back to the group, she has the deep trust of the leadership team and a large following in the market. Her solution-based underwriting approach has made her a sought-after partner for brokers and their clients, and we are excited for her to start.”

Kelly Sanders, Founder and Chief Underwriting Officer of Seraphina, added, “The international property market is expanding, within the overall context of a growing global economy as well as a heightened risk environment, driven, in part, by climate change. We’re seeing a particular appetite for insurance from within the BRICS+ region.

“From experience, I know that no company is better placed to capitalise on these changes and opportunities than The Fidelis Partnership and I can’t wait to work with the team again.”

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