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Insurer promotes its Bermuda CEO to group chief underwriter

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Fidelis Insurance Holdings Ltd. on Thursday said it has promoted Bermuda CEO Ben Savill to group chief underwriting officer.

He takes over from Richard Brindle, who had held the position of group chief underwriting officer since the company had been founded in June 2015, along with his role as group CEO.

Mr. Savill will assume the group chief underwriting officer role in addition to his responsibilities as Bermuda CEO and will continue to be based in Bermuda, the statement said.

Mr. Savill’s past experience encompasses many components of insurance and reinsurance, including the development of internal rating models, portfolio analysis systems and the integration of proprietary ratings tools and risk analysis methodologies, the statement said.

“I am very pleased to announce Ben’s appointment as group CUO,” Mr. Brindle said in the statement. “He is a proven leader, an exceptional underwriter, and his relationships with clients and brokers are built on nearly two decades of trust. Under his management our underwriting business will continue to flourish.”