The Fidelis Partnership plans to launch Singapore-based Lloyd’s service company, TFP APAC*

The Fidelis Partnership ("TFP") is pleased to announce plans to launch a Singapore-based Lloyd’s service company, The Fidelis Partnership APAC (“TFP APAC”). The Company intends to commence Underwriting from 1 January 2027 and will focus on building long-term partnerships in high-growth markets across APAC, in line with TFP’s wider growth ambitions in this region. The Service Company is subject to regulatory approval.

The business will be led by Bilal Zafar as CEO*. Bilal joins from Volante Global, where he served as Managing Director of Volante Emerging Markets, overseeing the company’s reinsurance operations across Asia Pacific, the Middle East, and Africa. Since 2024, he has also been CEO of Volante Syndicate’s Singapore Service Company. With nearly two decades of experience in the re/insurance sector, Bilal has held senior underwriting and leadership positions across London, Zurich, Singapore, and other high-growth international markets. He began his career at Swiss Re and later served as Director at London-based investment firm GGH.

Bilal will be joined by Song Liu. He has previously been Treaty Portfolio Director in Volante Global’s Singapore unit. Song brings extensive local market expertise and relationships, having started his career at China Reinsurance Group Corporation, where he ultimately served as Deputy COO of its Singapore division.

Bilal and his team will write a portfolio of proportional and non-proportional treaty reinsurance business across Property & Engineering, Marine & Energy, Casualty and Specialty lines, with capacity provided by Fidelis Syndicates 3123 and 2126 via the Lloyd’s Asia platform.

Charles Mathias, Deputy Chairman at The Fidelis Partnership, commented: “TFP is delighted to be planning to launch TFP APAC in Singapore. Asia is a priority within our wider High Growth Markets strategy, which recognises the opportunity for TFP to address complex re/insurance gaps in markets that are growing exceptionally strongly. Leveraging decades of market experience and relationships across local, regional and global distribution partners, Bilal and his team are perfectly positioned to capture this opportunity, and I’m looking forward to collaborating closely to bring TFP’s proposition to new clients in the region.”

 Bilal Zafar TFP APAC CEO*, commented: “We are hugely excited to be part of TFP’s highly differentiated capacity, infrastructure, and underwriting capabilities. Our broad suite of products, classes and structures will allow us to support partners holistically, provide bespoke solutions where our clients need them, and help the local (re)insurance markets of high-growth economies become more sustainable and resilient. By building long-term relationships with brokers and cedents in these markets, we are pleased to be part of TFP’s wider strategic ambitions across high-growth markets and look forward to collaborating closely.”

 ^{*subject to regulatory approval}