The Fidelis Partnership appoints Peter Welton as Head of Specialty

The Fidelis Partnership (TFP) is today pleased to announce the appointment of Peter Welton as Head of Specialty.  

Peter joins TFP from AXA XL, where he served as Chief Underwriting Officer for Marine, Energy and Aerospace, UK & Lloyd’s. With prior roles including UK Head of Downstream Energy & Power Generation at XL Catlin, he brings a wealth of specialist market expertise to TFP and over twenty years of experience in the specialty insurance markets.  

Peter will report to John-Paul O’Hare, TFP’s Director of Underwriting, and is responsible for supporting the continued growth of TFP’s leading specialty offering, with a particular focus on Aviation, Space and Energy (re)insurance lines, including the growing Renewables book.  

John-Paul O’Hare, Director of Underwriting at The Fidelis Partnership, commented: “We’re delighted to welcome Peter aboard as we continue to build out our market-leading specialty book. At a time of increasing risk complexity and volatility, the need for nimble, innovative and high-conviction underwriting has never been more important. Peter’s impressive track record, his industry reputation and deep sector specialist expertise will further enhance TFP’s underwriting leadership as we build upon our 40-year heritage of underwriting outperformance.” 

Peter Welton added: “It’s a pleasure to be joining the team at TFP, whose reputation for pioneering leadership and creative underwriting showcase the speciality insurance market at its entrepreneurial best. As the business continues to set new standards for underwriting innovation and to grow its proposition across specialty lines, this is a hugely exciting time to be stepping aboard.”