Willkie Farr & Gallagher LLP
10/31/2025 | News release | Distributed by Public on 10/31/2025 11:35
Willkie Advises The Fidelis Partnership on Launch of New Lloyd’s Syndicate
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Willkie Advises The Fidelis Partnership on Launch of New Lloyd's Syndicate
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October 31, 2025
Willkie represented The Fidelis Partnership (TFP) in the launch of Syndicate 2126 in partnership with one of the world's largest alternative asset managers.
On October 31, TFP announced the launch of the new syndicate following in-principle approval from Lloyd's of London. Syndicate 2126 supports the expansion of TFP's role as a risk allocator for Lloyd's capacity. Capital will be deployed via London Bridge 2, further validating this as a risk transformation platform for the Lloyd's market.
Alongside the growth in existing Syndicate 3123, the new Syndicate capitalizes on the combination of the Lloyd's market's universally recognized brand, global licensing and credit rating with TFP's proven underwriting leadership. Syndicate 2126 will target $300 million of gross written premium in 2026, writing across a number of property, specialty and bespoke lines, including through the unique Pine Walk MGA platform and reinsurance of existing TFP group business.
The Fidelis Partnership is a privately owned Managing General Underwriter, and a global underwriter of property, bespoke and specialty insurance and reinsurance products from London, Dublin, Brussels, Abu Dhabi and Bermuda.
The Willkie team in Corporate Insurance was led by partners Joseph Ferraro and Andrew Tromans.
On October 31, TFP announced the launch of the new syndicate following in-principle approval from Lloyd's of London. Syndicate 2126 supports the expansion of TFP's role as a risk allocator for Lloyd's capacity. Capital will be deployed via London Bridge 2, further validating this as a risk transformation platform for the Lloyd's market.
Alongside the growth in existing Syndicate 3123, the new Syndicate capitalizes on the combination of the Lloyd's market's universally recognized brand, global licensing and credit rating with TFP's proven underwriting leadership. Syndicate 2126 will target $300 million of gross written premium in 2026, writing across a number of property, specialty and bespoke lines, including through the unique Pine Walk MGA platform and reinsurance of existing TFP group business.
The Fidelis Partnership is a privately owned Managing General Underwriter, and a global underwriter of property, bespoke and specialty insurance and reinsurance products from London, Dublin, Brussels, Abu Dhabi and Bermuda.
The Willkie team in Corporate Insurance was led by partners Joseph Ferraro and Andrew Tromans.
Joseph D. Ferraro Partner Corporate & Financial Services London [email protected] +44 20 3580 4707
Andrew Tromans Partner Corporate & Financial Services London [email protected] +44 20 3580 4715
Related Practice Areas
Insurance - Transactional and Regulatory Insurance & Reinsurance
Related Locations
London
Citypoint, 1 Ropemaker Street
London EC2Y 9AW
Willkie Farr & Gallagher LLP published this content on October 31, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 31, 2025 at 17:35 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]