Fidelis Insurance Group has taken a new step in its global rebranding, retaining six company names in Bermuda as it prepares to transition to Pelagos Insurance Capital Limited.
While the group has been awarded multiple names, it is understood that not all of them may be available as they may simply be holding on to them pending applications for registration etc.
Reserved names include:
- Pelagos Insurance Capital Ltd.
- Pelagos Insurance Capital Bermuda Limited
- PELAGOS PROFESSIONAL HOLDINGS LIMITED.
- Pelagos Specialty Bermuda Limited
- Pelagos Specialty Insurance Group Ltd.
- Pelagos Purpose Foundation
The Pelagos Purpose Foundation may be associated with the Fidelis Foundation, a charity established in 2020 to enable employees of the Fidelis Partnership and Fidelis Insurance Group to promote altruism and philanthropy consistent with the company’s values.
It supports anti-fascism, anti-racism, anti-discrimination, female empowerment, green education, poverty reduction, animal welfare and ending prejudice.
Dan Burrows, Group CEO of Fidelis Insurance Group, said: “Our new name, Pelagos Insurance Capital, expected to be launched in May 2026, reflects our brand identity and future direction. It reflects our role as a strategic capital allocator, highlights our unique market position and reinforces our commitment to building lasting partnerships and meaningful connections with our expanded network of underwriting partners.
“Pelagos comes from the root of the word ‘archipelago,’ a community of islands, each unique but connected and working together. It reflects the way we are built: a global community of teams, locations and trading partners, each bringing unique expertise and becoming stronger through the connections between us.”
Pending shareholder and regulatory approval, the company expects to begin listing on the New York Stock Exchange in May 2026 under the ticker PLGO.
Fidelis noted that the brand refresh will not change the group’s regulatory licenses, operations or existing policy terms.
Various legal entities will continue to transition to the Pelagos name until 2026, subject to obtaining all necessary regulatory and legal approvals, including shareholder approval.