‘His impressive track record and deep sector expertise will further enhance TFP’s underwriting leadership,’ says director of underwriting
The Fidelis Partnership (TFP) has appointed Peter Welton as its new head of specialty.
In his new role, Welton will help the London-based insurance firm expand its proposition across aviation, space and energy (re)insurance lines.
He will report to John-Paul O’Hare, director of underwriting at TFP.
O’Hare said: “We’re delighted to welcome Welton 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.
“Welton’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.”
Experience
Welton joins the business from Axa XL, where he was chief underwriting officer for marine, energy and aerospace in the UK and Lloyd’s markets.
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He brings over two decades of experience in the specialty insurance sector, including previous leadership roles such as UK head of downstream energy and power generation at XL Catlin.
Speaking about his new role, Welton said: “It’s a pleasure to be joining the team at TFP, whose reputation for pioneering leadership and creative underwriting showcase the specialty 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.”
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