TFP Group, known as The Fidelis Partnership, is an independent managing general agent that originates, underwrites, and manages specialty insurance and reinsurance risks. TFP operates as an underwriting platform between insurance buyers and third-party capital providers, called Capacity Providers, without taking insurance risk onto its own balance sheet. TFP originates business primarily through wholesale brokers, as well as retail brokers and direct corporate clients, underwriting risks across specialty, bespoke, and reinsurance lines, including aviation, marine, energy, credit, and political risk. The company operates through two segments: Fidelis Underwriting, a centralized underwriting engine where TFP serves as lead underwriter on most business, and Pine Walk, an incubation platform that launches and supports specialized managing general agent entities. TFP generates revenue primarily through fee-based placement commissions on bound premiums, profit commissions linked to underwriting profitability, and fiduciary interest income. TFP secures its underwriting capacity through long-term relationships with capital partners, including Pelagos Insurance Capital, dedicated Lloyd's syndicates, and global reinsurance partners.
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