Fidelis Partnership elevates Billy Ayres to bolster crisis management portfolio

Bermuda-based managing general underwriter The Fidelis Partnership (TFP) has promoted Billy Ayres (pictured) to head of crisis management, expanding the reach of its terrorism and contingency lines.

Ayres has been with TFP since 2024 and most recently served as head of terrorism, overseeing the delivery of bespoke solutions across a diverse range of war, terror and political violence risks. He joined TFP from CNA Hardy and previously held underwriting, risk management and actuarial positions at Brit Insurance.

Ayres will now oversee the terrorism and contingency teams. He will work to expand the geographic range of these products as part of the BRICS+ initiative and of the cross-selling with other TFP and Pine Walk lines of business.

Michael Davern, UK chief underwriting officer, at TFP, said: “We are passionate about making TFP a place where the sector’s best underwriting talent can thrive, and are thrilled to be promoting Billy to lead our Crisis Management function. His expertise, leadership and track record of delivering results under pressure make him ideally suited for this role. As the risk landscape continues to evolve against a backdrop of geopolitical tensions, Billy will be instrumental in guiding our clients through complex challenges.”

Ayres commented: “I’m delighted to be taking on this new role and look forward to continuing to drive TFP’s high conviction, differentiated offering in the terror and contingency markets. I look forward to working closely with the teams in their exceptional work of helping clients navigate complex, business-critical risks.”

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