MGAs
July 2015
Established by Group CEO & Chairman Richard Brindle in July 2015, Fidelis is a specialist insurer and reinsurer backed with long-standing industry relationships and more than 30 years of underwriting, risk management, claims, and actuarial knowledge.
September 2017
Pine Walk was founded by CEO Rinku Patel in September 2017, in partnership with Fidelis.
November 2017
Radius Specialty Limited (Radius) was established in November 2017 by CEO Rob Ashton.
Radius underwrites specialty treaty reinsurance and retro excess of loss programmes, covering underlying lines of business such as Cyber, Political Violence, Nuclear, and Personal Accident.
December 2017
Oakside Surety Limited (Oakside) was formed in December 2017 by CEO Andy Ray who has over thirty years’ experience in Surety business.
Oakside care about building lasting relationships with brokers and our clients in the construction industry through the provision of Surety Bonds.
September 2018
Tiomanta Specialty Limited (Tiomanta) was established in September 2018 and is led by Riten Shah, a Senior Underwriter at The Fidelis Partnership.
Tiomanta underwrites a broad book of upstream and midstream energy (re)insurance risks for clients working through energy transition to greener portfolios.
November 2019
Perigon Product Recall Limited (Perigon) was founded in November 2019, underpinned by the more than 20 years’ experience of CEO Ian Bailey. Perigon offer market-leading underwriting services for Product Recall Insurance across a range of production processes and industries.
August 2020
Pine Walk Europe SRL (Pine Walk Europe) was established in Belgium during 2020 to provide the appropriate legal and regulatory framework to our Pine Walk Group MGA underwriting teams to ensure continuity of service to our EU/EEA domiciled clients Post-Brexit. Pine Walk Europe is a wholly owned subsidiary of Pine Walk Capital Limited.
Pine Walk Europe intermediates insurance business on behalf of EU / EEA domiciled clients from our Belgium office or UK branch.
May 2021
Navium Marine Limited (Navium)‘s CEO, Clive Washbourn, has over thirty-five years’ experience in the Marine and Specialty markets.
Navium offers insurance across the full range of Marine classes. Our experience allows us to understand they key risks faced by our clients whilst also looking to pioneer new approaches to risk selection and loss management.
November 2021
OPEnergy Limited (OPEnergy) is a specialty Energy Liability MGA founded in late 2021 by CEO Oliver Brown.
OPEnergy offers insurance solutions across the full range of energy trades and geographic regions, spanning onshore, and combined energy risks.
June 2022
Pernix Specialty Limited (Pernix) was co-founded by Kade Spears (CEO), Caroline Coulson (CUO), and Mark Grimson (Head Analyst), who bring over sixty years of combined Political and Non-Payment Risk experience.
Pernix is dedicated to enabling and supporting responsible and tangible investment and finance through the provision of Political Risk and Non-Payment insurance.
January 2023
The Fidelis Partnership is a leading privately-owned, Bermuda-headquartered Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products.
The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include ceded reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform.
The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
October 2023
Itasca MGA Limited (Itasca) established in October 2023, is led by CEO Gareth John.
Itasca work closely with aircraft financiers to provide aircraft non-payment credit insurance alongside traditional non-payment (re)insurance to banks and other lenders.
August 2024
Novagen Specialty Limited (Novagen) is a Renewable Energy MGA founded by Valeria Del Villano in August 2024.
Novagen offers the full spectrum of renewable technologies with a global remit.
September 2024
Seraphina Specialty Limited (Seraphina) is an International Property MGA founded by Kelly Sanders in September 2024. Kelly has over twenty years’ experience, specialising in Property D&F and demonstrating a strong trading ability.
Seraphina offers international property products covering all risks property damage and associated business interruption.
October 2024
Silverflame Re Limited (Silverflame Re) is a Specialty Reinsurance MGA founded in late 2024 by Jenan Nakeeb and Elizabeth Powell.
Silverflame Re is a specialty reinsurer covering marine, cargo, shipbuilding, onshore energy, credit, surety bonds, contract frustration, political risk, mortgage indemnity, pecuniary and legal expenses.
March 2025
Sevanta Specialty Liability Limited (Sevanta) is led by CEO Jon Hiller, established in March 2025.
Sevanta offers tailored general third-party liability solutions globally, specialising in specialty and complex risks, writing on both a primary and excess basis.
September 2025
Arenite Specialty is a specialised surety and structured credit (re)insurance underwriting business, focused on the emerging markets of Latin America (LatAm) and Asia Pacific (APAC)*.
Our clients include leading insurers, banks and financiers driving economic development, infrastructure, energy, and global trade.
We provide meaningful long-term capacity that supports responsible investment and sustainable growth. Our team brings deep experience across LatAm and APAC, investing in local expertise and relationships.
*subject to regulatory approval
September 2025
Imala Re is a Miami-headquartered Managing General Agent (MGA) specializing in treaty reinsurance across Property, Motor, and Marine lines. Our focus is on serving clients throughout Latin America and the Caribbean.
Founded in 2025, Imala Re operates as part of the Pine Walk platform, backed by The Fidelis Partnership. The name Imala is derived from Native American origins, meaning strong-minded and disciplined, values that define our approach to business
October 2025
Corsiam Specialty Limited – is a newly established MGA underwriting a global portfolio of Accident and Health insurance and reinsurance business.
November 2025
Carnovis Specialty is an Alternative Risk Transfer MGA, providing flexible, tailored solutions on a Treaty QS, Treaty XOL, Captive XOL and Direct XOL basis.
Offering an international book of business, providing worldwide coverage for (re)insurance and multinational clients, including captives.
Carnovis is equipped to underwrite business for EEA, UK and Rest of World coverage on behalf of the Fidelis Insurance Group.