Richard Coulson has been promoted to the position of chief underwriting officer of Fidelis Underwriting Limited (FUL). He takes up this role with immediate effect and will report to the company’s CEO, Daniel Burrows.

Coulson joined Fidelis in June 2015 as head of specialty and was promoted to director of underwriting in 2017. Prior to that he served as executive director of political risk, structured credit and surety at RK Harrison.

His early career was spent at MMC Capital and Marsh, where he focused on structuring alternative risk transfer, and captive solutions. After Marsh, he spent three years at Hiscox, underwriting the company’s space and satellite and offshore energy books, before returning to broking and serving as a partner at JLT, specialising in credit and political risk.

“Rich has ably demonstrated his underwriting acumen and a talent for developing innovative products. He has been integral to the success and growth of FUL’s business. I am delighted to confirm his appointment to this role,” says Burrows.