The Fidelis Partnership has shifted its primary European entity from Brussels to Dublin, effective December 1, consolidating its EU activities in Ireland.
Dublin will now serve as the hub through which the group accesses the EU market, aligning with its European growth plans and increased investment in the country.
TFP said the restructuring reflects the scale of operations it is building in Ireland and its intention to support a broad range of business across Europe from the Dublin base. The firm expects to write approximately US$800 million in premium in 2025 through its Irish platform.
Headcount in Dublin has risen to more than 80 over the past 12 months, with recent additions including underwriter Paul Hendrix, who joined in October, and senior D&F underwriter Michelle Raine, who arrived in November.
TFP is also running an annual scholarship with the University of Limerick and an internship programme with Queen’s University Belfast to support emerging local talent.
Rob Kelly (pictured above), Ireland CEO at The Fidelis Partnership, said TFP is “delighted to be playing a leading role in the development of Dublin as a globally recognised European insurance hub.”
Kelly added that, as “a home for Ireland’s leading and emerging underwriting talent, and as a convenor of industry voices committed to Ireland’s growth,” TFP views itself as well placed to help advance Dublin’s role in the sector.
The Dublin move forms part of a wider platform strategy, with TFP also adding capacity at Lloyd’s through Syndicate 2126, launched with Blackstone to write property, specialty and bespoke business.
Through these investments in local talent and insurance expertise, TFP has identified Dublin as a key operational and strategic centre, particularly for technology, data analytics and actuarial functions. With support from Minister of State Robert Troy, the firm is leading a working group of specialty insurance CEOs aimed at positioning Dublin as a European hub for specialty insurance.
TFP is also growing its managed MGA platform, Pine Walk Capital, which is projected to exceed USUS$1.2 billion in gross written premium in 2025, up from USUS$0.9 billion in 2024.
In June, TFP and IDA Ireland co-hosted a panel event featuring Irish Minister for Public Expenditure Jack Chambers to highlight Ireland as a location for insurance innovation and as an investment destination. The initiative forms part of broader efforts to promote the country’s credentials in financial services and specialty lines.
Robert Troy, Minister of State for Financial Services, Credit Unions, and Insurance at Ireland’s Department of Finance, said The Fidelis Partnership’s relocation is “a strong vote of confidence in Ireland’s insurance sector, our deep pool of talent, and our pro-enterprise environment.”
He said the firm’s expansion and talent initiatives support Ireland’s position “as a leading location for specialty insurance within the EU” and align with the Action Plan for Insurance Reform.
