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The Fidelis Partnership, formerly known as Fidelis MGU, has announced plans to open an office in Abu Dhabi, underscoring its commitment to expanding into new markets and reaching new clients and investors.
The Abu Dhabi office will be led by Matthew Warren as Executive Chairman of Fidelis MEASA (Middle East, Africa, Southern Asia), with Youssef Al Kareh serving as CEO and CUO.
Richard Coulson, CEO Insurance & Deputy Group CUO at The Fidelis Partnership, said, “This is another positive development in our ambitious expansion plans, giving us more direct access to a vibrant region which has a significant pool of potential business.
“This also forms part of our commitment to building a footprint that aligns to where our clients, brokers and investors are.”
Coulson continued, “More broadly, insurance is a critical enabler for the energy transition, and The Fidelis Partnership is already playing a leading role in helping our clients in both traditional and renewable energy tackle the unique risks and complexities in this area. We see significant potential to bring this expertise closer to clients in the Middle East.”
Warren added, “The Fidelis Partnership has established a reputation as a leading player globally when it comes to complex risks. This is an exciting opportunity to bring these capabilities to new markets and investors in the region. We look forward to meeting brokers and their clients in person as we build our presence in Abu Dhabi and the wider MEASA region.”
Al Kareh commented, “By establishing an on the ground presence, The Fidelis Partnership is demonstrating its strong commitment to Abu Dhabi and the wider region. I look forward to working closely with the teams in London, Bermuda and Dublin and bringing their expertise to current and prospective clients.”
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