Legacy rooted in financial resilience.

Chief Executive Officer

Mr. Ritchie is a CA and CPA and holds a BA in Accounting and Finance. He has over 20 years of experience in Bermuda's reinsurance market across both Life & Annuity and Property/Casualty companies. Mr. Ritchie spent 15 years at PwC Bermuda, rising to Director before becoming CEO of R&Q Re (Bermuda) in 2019. He joined Fortitude Re in 2022, serving as CFO and COO on their Bermuda legal entities.

Chairman of the Board & Co-Founder

Mr. Dadlani has an MBA from Harvard Business School and has over 15 years experience in financial services with direct involvement in management and investment of emerging market debt portfolios and equity portfolios. He previously founded two hedge funds with assets in excess of $1BN.

Director, Chief Financial Officer & Co-Founder

Mr. Desai is a Chartered Financial Analyst (CFA) with a BA in Economics from Tufts University. He worked as an Investment Banker for Robertson Stephens and Needham and Company and has nine years of experience in the Hedge Fund industry working in the Long/Short Equity arena including time spent with Rocwood Capital Management.

Chief Underwriting Officer

Mr. Powell has 27 years of property and casualty insurance underwriting experience, most recently as Underwriting and Reinsurance Manager for Colonial Group. Prior to this Mr. Powell was Vice President and lead property treaty underwriter at Endurance Specialty in Zurich, Switzerland. Before moving to Zurich, he held senior global treaty underwriting roles at Bermuda-based companies: Endurance Specialty, Lehman Re and La Salle Re.

Chief Compliance Officer

Ms. Stanton is a UK qualified Solicitor at College of Law and holds a BA Honors Law Degree from the University of Durham. She also holds an Institute of Directors Certificate in Company Direction. Ms. Stanton has served as an independent non-executive director for companies in Bermuda, Cayman and BVI. Previously Ms. Stanton retired as a Partner in the Corporate Department of Cox Hallett and Wilkinson and was elected to the Executive Committee of the Institute of Directors Bermuda Branch.

Chief Risk Officer

Ms. Harper serves as Fergus Re’s Chief Risk officer and is also a U.K. qualified Barrister. Ms. Harper has previous in-house legal experience for firms in the financial services industry, having held the role of Legal Officer at General Accident Insurance Company (Jamaica) Limited and having led various contract negotiations for certain KPMG member firms. Ms. Harper also has experience in internal audit, risk management, ethics and compliance, having held a regional role of Risk Management Manager at a KPMG member firm. In Ms. Harper’s most recent experience before joining Fergus Re, she held the position of Derivatives Analyst at Charles Law, a New York based law firm. At Charles Law, she prepared trading agreements for buyside entities and provided compliance support to such clients. Ms. Harper now provides support to Fergus Re by negotiating certain contracts on the behalf of the firm and advising on risk management and compliance matters, to ensure Fergus Re’s compliance with its regulatory requirements.

Head of Business Strategy

Mr. Noronha brings twenty plus (20+) years of experience managing reinsurance placements, structures and relationships.  Mr. Noronha began his career at Willis Re, has worked with large and small reinsurance intermediaries, and was a founding member in the establishment of a private reinsurance broker, Atlantic Intermediaries. Throughout his reinsurance broker career, Mr. Noronha focused predominantly on the development, placement and management of MGA program business.

After his sixteen (16) years as a reinsurance broker, Mr. Noronha served as Reinsurance Manager for Sompo America in the Charlotte NC main office.  While at Sompo, he was responsible for the placement of ceded reinsurance renewals along with the expansion of assumed reinsurance, MGA and fronting opportunities. After the Endurance acquisition by Sompo, Mr. Noronha moved to Clear Blue where he became part of the executive team being assigned the role of Chief Reinsurance Officer. In that role, he managed the placement of new and renewal reinsurance agreements, reinsurance broker relationships and reinsurance market security and approvals.

Underwriting & Business Development

Over the last 33 years Mr. Silvia has been engaged in various aspects of the insurance industry. He has served as an agent, an insurance company executive and in the marketing, design and analysis of alternative risk products including large deductibles, self-insured retentions, captives, risk purchasing groups and risk retention groups. Mr. Silvia holds the Chartered Property and Casualty Underwriter designation from the American Institute for CPCU and the Accredited Advisor in Insurance designation from the Insurance Institute of America. He earned a Master’s Degree in Management from Regent University with an emphasis in alternative risk financing.