Richard Brindle: the unique matrix of The Fidelis Partnership

What is the strategic thinking behind The Fidelis Partnership’s unique business model?According to CEO Richard Brindle the firm is now increasingly perceived by balance sheet reinsurers as a distributor, as opposed to a direct competitor.He tells Behind the Headlines that the diverse structure – including backing from a listed balance sheet, plus two Lloyd’s syndicates and MGA incubator Pine Walk – is the best thing he has built in his careerThe firm is ploughing ahead with its strategy to expand in high growth global markets beyond insurance’s traditional heartlands – an area where he says the wider industry’s track record has been “woeful”.In a typically forthright interview, the serial entrepreneur also shares his views on the 1.1 reinsurance renewals, opportunities linked to data centres, and the work ethic in the City.Plus, Fiona Robertson discusses the Insurance Insider editorial team’s predictions for the major themes to shape 2026.