Canopius Group has said that Mike Duffy, its chief underwriting officer, will retire in a year’s time.
Duffy will remain at Canopius for the next 12 months to oversee an orderly transition to his successor – to be announced in due course – and will leave in May 2023.
Neil Robertson, group chief executive officer, Canopius Group said: “Mike has had a hugely significant impact on Canopius during his time, helping to shape the thriving company it is today. He has also mentored and supported the careers of many underwriters in our market.”
He added: “On behalf of our leadership team and all at Canopius, I would like to express our huge thanks for his many efforts and continuing contributions, and we shall reserve our fond farewells for next year.”
Duffy joined Canopius in January 2006 as head of D&F property, progressing throughout his successful tenure to serve as chief executive officer of Canopius Managing Agents, before becoming group CUO.