Private managed general underwriter (MGU) Fidelis Partnership (TFP) has transferred its main European entity from Brussels to Dublin, effective December 1, 2025.
TFP’s use of Dublin as a hub to access European markets reflects its growing investment in Ireland and further supports its overall European growth ambitions.
TFP Dublin’s headcount has grown to more than 80 people over the past 12 months, with recent appointments including Paul Hendrix, who joined as underwriter in October, and Michelle Raine, who joined as senior D&F underwriter in November.
The company expects premiums to be approximately US$800 million in 2025. TFP also supports emerging local talent through an annual scholarship scheme with the University of Limerick and an internship scheme with Queen’s University Belfast.
TFP considers Dublin a strategic location and key hub for its technology, data analytics and actuarial teams. TFP has also led the establishment of a working group of specialist insurance CEOs, with the support of Ireland’s Finance Minister Robert Troy, to position Dublin as a European hub for specialist insurance.
Rob Kelly, CEO of Fidelis Partnership Ireland, commented: “TFP is delighted to be playing a leading role in Dublin’s development into a globally recognized European insurance hub. Ireland has established itself as a technology center of excellence and we welcome the opportunity to continue to build its image as a premier destination for insurance business, particularly in the specialist sector. As the home of Ireland’s leading and emerging underwriting talent, and as a convener of industry voices committed to Ireland’s growth, TFP is extremely well placed to help lead this development.”
Conor O’Riordan, Group Chief Financial Officer of Fidelis Partnership, added: “The decision to move our European headquarters to Dublin reflects the momentum we have built in Ireland since opening our office in Dublin in 2018, as well as our continued investment in local talent, operations and technology. We see huge potential for Ireland to accelerate its growth as Europe’s specialist insurance engine room and we are delighted to be deepening our commitment here.”
Jack Chambers, Minister of State for Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation, said: “Ireland has rapidly transformed into an internationally competitive home for global (re)insurance capital. Through meaningful regulatory reform, excellent educational links and access to the EU single market, Ireland has established a unique advantage as a center for business and outstanding talent. TFP’s new commitment to Dublin and Ireland is a testament to the strength of this environment and its future growth potential, and I am very excited about the future to work further with the business development.”
Robert Troy, Minister of State for Financial Services, Credit Unions and Insurance at the Irish Treasury, said: “Fidelis Partnership’s decision to relocate its European entity to Dublin represents a strong vote of confidence in the Irish insurance industry, our deep talent pool and our pro-business environment. From expanding our workforce to supporting the next generation of local talent, Fidelis Partnership The investment reinforces Ireland’s position as a leading location for specialist insurance in the EU. I look forward to further working with industry to enhance Ireland’s position as a destination of choice for insurance companies and improve competitiveness and availability in line with the Insurance Reform Action Plan.”