Reinsurance News

Canopius launches technology & data hub in Manchester

2nd November 2022 - Author: Kane Wells -

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Global specialty re/insurer Canopius has announced the launch of the ‘Canopius Tech & Data Hub’ in Manchester, UK.

canopius-logoThe Hub will begin operating early next year, says Canopius, and will ensure that that company is developing the best possible solutions within the data and technology sphere, while also supporting its strategic goals to become a “future-focused” business.

Canopius adds that the Hub’s establishment will result in the creation of several new technology-focused roles.

The firm notes that technology and data services have become a fundamental part of its offering, adding that as Manchester is the second largest UK centre for financial services, and is home to many talented data and technology professionals, it is the perfect location to launch Canopius’ Tech & Data Hub.

Kate Roy, Group Chief Operating Officer, commented, “Canopius has been making significant strides within the technology and data field over the past few years, and the creation of the Hub is the latest example of our investment in our digital capabilities.

“The establishment of this new entity aligns with Canopius’ recent commitment to focus on technology and data and to making it a central part of our offering.

“I am very much looking forward to the opening of the Hub and being able to work collaboratively with the team in Manchester.”

Meanwhile, at the start of October, Canopius Group provided $50 million of insurance coverage for digital assets financial services ecosystem, Matrixport.