Bringing together capacity, funding capital, the underwriter and a suite of back office services, Pine Walk is focussed on helping underwriting teams create, build and run successful businesses.

If you are interested in building long term value for yourself and all the stakeholders in your business, please get in touch.

 

 

About Us

The Pine Walk team have a wide range of experience to help with the start-up and ongoing phases of building an MGA.

Management Team

Rinku Patel
Fidelis MGU Group COO, Pine Walk CEO

Rinku is an Institute of Chartered Accountants in England and Wales qualified accountant having trained with BDO Stoy Hayward and moving to Andersen. Rinku was Group Chief Financial Officer & Chief Operating Officer of DUAL Group, Group Chief Financial Officer of Howden Broking Group and Director of Finance at Hyperion Insurance Group (Now Howden Group Holdings) before consulting in 2016/7 to private equity and intermediaries. Previous industry experience includes Software Development (SAAS and non-SAAS), Data/Information businesses and Insurance.

Rinku founded Pine Walk in 2017 with Fidelis and currently has 8 MGAs under the platform.

Tom Lawson
Pine Walk Group Information Manager

Tom qualified as an ACCA accountant at Reed Business Information and for the past 10+ years has focused on finance and information roles in insurance and MGA businesses. In 2010 he joined DUAL International as Group Financial Controller, consolidating the financial accounts and insurance data of multiple international businesses. Tom joined Pine Walk Capital in 2018 and built out the financial and insurance reporting systems for Pine Walk and the MGAs. Today he oversees the data, systems and reporting across the Pine Walk MGA Platform.

Nigel Lee
Pine Walk Operations Director

For 30+ years Nigel has held director level compliance and operations roles for regulated entities in the Lloyd’s, London Company and Hong Kong insurance markets. Joining Pine Walk in January 2018, Nigel has embedded our operational, compliance and control frameworks that are in place across Pine Walk and our underlying MGA businesses. Nigel holds a Master’s degree in Insurance and Risk Management from Bayes Business School, and he is a Fellow of the CII.

Pearly Ng
Pine Walk Finance & Insurance Controller

Pearly qualified as a chartered accountant with KPMG. She has extensive experience in financial planning, accounting, controls and strategy implementation. Prior to joining Pine Walk, Pearly held several positions at DUAL including European Financial Controller and interim Head of Finance Transformation, working to deliver excellent services to stakeholders across the spectrum.

Board 

Grahame Dawe
Pine Walk CFO & Fidelis MGU Group Controller

Grahame has over 25 years’ experience in the insurance and reinsurance industry. Grahame was previously at Aspen Insurance Group where he worked for 17 years in various finance roles, including as Group Financial Controller and most recently as Group Chief Accounting Officer and UK CFO. Prior to joining Aspen, Grahame was at KPMG in the Insurance audit practice where he was responsible for a portfolio of London market and international clients. Grahame began his career at Sedgwick Lloyd’s Underwriting Agency.  He is a fellow of the Association of Chartered Certified Accountants, qualifying in 1997.

Michael Cottell
Group General Counsel and Group Company Secretary

Mike graduated from Oxford in 2001. He is a qualified solicitor having trained at Clifford Chance then moved to an Insurance firm (DAC Beachcroft). He has been a board member of PWCL since 2020 and worked in establishing the Pine Walk platform in 2017 and has worked on all following transactions adding further MGAs. In addition to his position on the Pine Walk board, Mike is Group General Counsel and Group Company Secretary at Fidelis MGU where he has been in-house since 2017 and manages the legal team day to day.

Charles Mathias
Fidelis MGU Deputy Chairman & Group Executive Director

Charlie joined Fidelis Insurance in 2015 and brings over three decades of broking and underwriting experience.  Charlie was previously at Lancashire until November 2015 where he was Chief Risk Officer with responsibility for the group’s enterprise risk management. He started at Lancashire at its launch in October 2005, and his roles there also included Chief Underwriting Officer of the Bermuda entity and Group Underwriting Operations Director. Prior to 2005 he held a number of roles with brokers and MGAs in London, the USA and Mexico.

Hinal Patel
Fidelis MGU Group CFO

Hinal has more than 20 years of industry experience, specifically focused on the actuarial and financial sides of the sector. Hinal joined Fidelis in 2015 as Group Chief Actuary, later becoming Group CFO in 2017 until the bifurcation of the company in the beginning of 2023. As Group CFO, he is responsible for the finance, investment, actuarial and corporate finance functions. Hinal is a Non-Executive Director of Fidelis Insurance Group. Prior to his time at Fidelis, Patel spent 12 years at Catlin as Bermuda Chief Actuary, overseeing actuarial, catastrophe modelling and capital functions for its Bermuda entity. He has also worked at a number of actuarial consultancies and graduated from the London School of Economics.

Rinku Patel
Fidelis MGU Group COO, Pine Walk CEO

Rinku is an Institute of Chartered Accountants in England and Wales qualified accountant having trained with BDO Stoy Hayward and moving to Andersen. Rinku was Group Chief Financial Officer & Chief Operating Officer of DUAL Group, Group Chief Financial Officer of Howden Broking Group and Director of Finance at Hyperion Insurance Group (Now Howden Group Holdings) before consulting in 2016/7 to private equity and intermediaries. Previous industry experience includes Software Development (SAAS and non-SAAS), Data/Information businesses and Insurance.

Rinku founded Pine Walk in 2017 with Fidelis and currently has 8 MGAs under the platform.

What we do

Pine Walk provides a range of services that wrap around the underwriting team. The suite of services are adapted to complement the approach needed to develop the portfolio and business over multiple years.

IT and Systems – Pine Walk deliver a market-leading Insurance Technology solution and exploit as much data as possible using the latest technology.

Finance – the MGA model brings its own intricacies from a financial perspective.  The Pine Walk team provide a thoughtful and auditable approach to monitor the developing business

Data and Reporting – Pine Walk look to leverage new technologies to provide clean, informative data sets and reports to all parties from day one

Compliance and Regulation – Pine Walk consolidates the requirements an MGA will need to satisfy across regulators, carriers and other stakeholders allowing the team to focus on developing their portfolio

Executive and Strategic Support – Pine Walk supports MGA management on the diverse issues that arise as the business grows

Business Operations – the MGA can benefit from shared services and facilities with a recognition that start up companies need to remain flexible and adaptable

Everything else: Pine Walk have a motivated, multi-skilled and experienced team ready to work hard to solve issues as they arise but also to create robust businesses as they develop