
Bespoke
Our unique book of products is designed to meet bespoke demands. We are nimble, but we are also disciplined; we cover risks where we can generate innovative, tailored and mutually beneficial solutions.
Our Bespoke lines include asset-backed non-payment (both tangible and intangible assets), economically linked risk (e-cat), mortgage indemnity, political risks, structured credit, tax indemnity and surety. Working directly with our broking partners and via sponsorship of MGAs – including through our MGA incubator, Pine Walk – we will continue to deploy our significant capacity to tailor cutting-edge solutions to our clients’ needs.
KEY DRIVERS
OF DEMAND:
- Bespoke is a specific risk transfer opportunity with different drivers from traditional insurance procurement
- Chief among these are regulatory capital relief, capital efficiency and transaction facilitation
CHARACTERISTICS OF
BESPOKE PRODUCTS:
- Highly specialised models and policy wordings, tailored to the given risk profile and driven by extensive data history
- Low and stable attritional loss exposure
- Carefully defined tail loss exposure
- Little/no correlation to peak catastrophe perils, meaning they are highly capital efficient
HOW IS THE FIDELIS PARTNERSHIP POSITIONED TO SUCCEED?
- We set and lead the terms and conditions with embedded intellectual property and barriers to entry
- Our leading risk insights and extensive market experience enable deep understanding of the specific risk drivers in each bespoke transaction
- Strong engagement with counterparties and technical expertise is essential
Our Team
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