Fidelis Insurance has promoted Ben Savill, the head of its Bermuda office, to group chief underwriting officer.

The company, which launched in Bermuda in June last year, said Mr Savill would assume this role from Richard Brindle who held it jointly with his position as group chief executive officer during the inaugural phase of the company.

Mr Savill will assume the group CUO role in addition to his responsibilities as Bermuda CEO and will continue to be based on the island.

Mr Savill, who joined Fidelis soon after its launch, brings nearly two decades of underwriting experience. He joined Fidelis from Amlin Bermuda, where he led the North American market unit. He began his career at Harvey Bowring.

Mr Brindle said: “While our model is differentiated by our total-return strategy to maximise our return on equity across market cycles, at our core we are an underwriting business unimpeded by dependence on imposed strategic goals.

“Because underwriting is paramount, I am very pleased to announce Ben’s appointment as group CUO. He is a proven leader, an exceptional underwriter and his relationships with clients and brokers are built on nearly two decades of trust.”

Mr Savill said: “To lead the underwriting strategy at Fidelis, with the support of our experienced and talented team of underwriters, is an exciting challenge and one which I look forward to enormously.

“The way our business is structured gives us unequalled flexibility at any point in the cycle should opportunities present themselves but, as underwriters, we are always conscious of the importance of long-term, mutually beneficial relationships.”