Willkie represented The Fidelis Partnership and Fidelis Insurance Group in connection with the launch of Lloyd’s Syndicate 3123.

On March 28, The Fidelis Partnership announced that Lloyd’s of London has granted “in principle” approval for the launch of Syndicate 3123, sponsored by The Fidelis Partnership in collaboration with Fidelis Insurance Holdings Limited (NYSE:FIHL), a global specialty insurer, and Hampden Agencies, a provider of private capital to Lloyd’s.

Subject to final approval, the launch of Syndicate 3123 reflects The Fidelis Partnership’s continued alignment and strong collaborative relationship with the Fidelis Insurance Group. Syndicate 3123 will underwrite across multiple insurance and reinsurance classes including contract frustration and political risk, credit, property catastrophe, political violence, marine and aviation.

The Fidelis Partnership is a privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. Fidelis Insurance Group is a global specialty insurer, leveraging strategic partnerships to offer innovative and tailored insurance solutions.

The Willkie team was led by partners Joseph Ferraro and Andrew Tromans and associate Rebecca Hughes.