Bespoke

Our diversified suite 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 (tangible assets), economically linked risk (Economic Catastrophe - ‘E-Cat’), mortgage indemnity, political risks, structured credit, transactional liabilities and surety. Working directly with our broking partners, directly with clients 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 is regulatory capital relief, capital efficiency and transaction facilitation

CHARACTERISTICS OF
BESPOKE PRODUCTS:

Highly specialised tailor-made models and policy wordings, based on 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 all appropriate multi-polar counterparties and technical expertise is essential