Reinsurance News

Swiss Re’s Tongue joins Canopius as trade & political risk underwriter

10th December 2019 - Author: Charlie Wood

Global specialty re/insurer Canopius has has appointed Andrew Tongue as a trade & political risk underwriter.

Andrew TongueEffective in March, Tongue will also act as deputy to Crispin Hodges, head of trade & political risk.

He joins Canopius’ newly created Trade Political Risk unit with close to a decade of experience, having most recently served in a similar role at Swiss Re.

Before that, he held senior underwriter positions at AXA Africa Specialty Risks and CNA Hardy respectively.

The trade political risk unit sits within Canopius’ existing credit, political risk and crisis management division, which comprises the political risk book of syndicate 1861, formerly managed by AmTrust at Lloyd’s.

“Andrew is exactly the calibre of underwriter we wish to attract, and his extensive expertise and experience will be a huge advantage as we develop the proposition further,” commented Hodges. “We are delighted to announce he will be joining the team.”

Bernie de Haldevang, head of credit, political & crisis management, added, “Following the integration of AmTrust, Canopius has a greatly extended political risk capability.

“Andrew’s appointment demonstrates our intent to fully capitalise on the huge potential that has been created. Further expansion is expected, and the Syndicate 1861 portfolio will play an essential part in that.”

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