Reinsurance News

Canopius

Canopius and AdvantageGo partner for underwriting workbench application

26th September 2023

Global specialty re/insurer Canopius has entered an underwriting platform partnership with AdvantageGo, a commercial re/insurance technology provider. Through this partnership, AdvantageGo’s workbench will be implemented across all lines of insurance and reinsurance business underwritten within Canopius UK and London Market teams, and is expected to go live next year. Underwriting from AdvantageGo ... Read the full article

Canopius names new Head of Equality, Diversity and Inclusion

7th September 2023

Canopius, a global specialty re/insurer, has appointed Lucy Bennett as Head of Equality, Diversity and Inclusion (EDI), with immediate effect. In her new role, Bennett will be responsible for elevating Canopius’ EDI programme as the business works towards the goals set out in its EDI action plan. She will also manage Canopius’ ... Read the full article

Canopius hires Lewis Gayle as Underwriter – Cyber and Technology

21st July 2023

Canopius, a leading global specialty re/insurer, has appointed Lewis Gayle as Underwriter – Cyber and Technology, where he will report to Michael Shen, Head of Cyber and Technology, London. He joins the firm with immediate effect, bringing Canopius’ rapidly expanding cyber division to 36 employees, including 10 new hires since the ... Read the full article

Canopius names Isabel Finn as Senior Cyber Threat Intelligence Analyst

13th July 2023

Canopius, a leading global specialty (re)insurer, has announced the appointment of Isabel Finn as a Senior Cyber Threat Intelligence Analyst, effective immediately. Finn, who joins from FTI Consulting, brings a wealth of experience in the field of cybersecurity and will play a pivotal role in launching Canopius' in-house cyber threat consultancy ... Read the full article

Canopius appoints AXA XL’s Cooper Head of Reinsurance & Bermuda CEO

12th July 2023

Global specialty re/insurer Canopius Group has announced the appointment of Charles Cooper as Global Head of Reinsurance and CEO of Canopius’s Bermudian entities. In his new role, starting from 1 September, Cooper has been tasked to drive Canopius’s global reinsurance business strategy. He will report to Chief Executive Officer Neil Robertson ... Read the full article

Canopius launches Cyber Incident Management Team to provide support to insureds & brokers

30th June 2023

Specialty re/insurance firm Canopius Group, has launched its Cyber Incident Management Team (CIMT), which is available to all Canopius cyber policyholders worldwide with immediate effect. According to Canopius, the service provides comprehensive support to both insureds and brokers as they manage the disruptions caused by cyber-attacks. The service is led by Cyber ... Read the full article

Measured Insurance, Canopius & SCOR partner to offer cyber insurance to midsize US businesses

21st June 2023

Canopius, the global specialty lines re/insurer, and Measured Analytics and Insurance, the AI-powered cyber insurance provider, have announced a new capacity partnership to offer cyber insurance and cybersecurity solutions to small and midsize businesses in the United States. Canopius joins Paris-based SCOR, one of the world's leading reinsurers, which has been ... Read the full article

OWIT to support Canopius onboarding and processing of MGAs and TPAs

6th June 2023

Canopius is now implementing OWIT’s, a global insurance specialist technology provider, Bordereaux Management Solution to automate and streamline the consumption of disparate data and the onboarding process. The specialty re/insurer needed a solution to meet the challenges of processing bordereaux data: to consume, cleanse, transform, and load incoming MGA and TPA ... Read the full article

Canopius Group hires Philip Weston as Casualty Treaty Underwriter

12th May 2023

Canopius Group has appointed Philip Weston as Casualty Treaty Underwriter, where he will report to Paul Western, Head of US Casualty Treaty, who joined the firm in June 2022. Weston has three decades of London market experience in both international and North American casualty treaty reinsurance business. He joins Canopius after ... Read the full article

Canopius appoints two to bolster P&C reinsurance offering in APAC

8th May 2023

Global specialty re/insurer Canopius Group has appointed Andrew Parker as Head of Treaty, Australia & New Zealand and Head of Casualty Treaty, Asia Pacific and Paul Wedlock as Head of Property Treaty, Australia & New Zealand, effective immediately. Based in Sydney, Canopius states that Parker and Wedlock will lead the expansion ... Read the full article

Canopius to offer auto coverage in US Virgin Islands through agreement with SFMI

20th April 2023

Specialty reinsurer Canopius Group, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, have announced an agreement with Samsung Fire and Marine Insurance (SFMI) to offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands (USVI). The agreement represents ... Read the full article

Canopius begins underwriting cannabis risks

19th April 2023

Global specialty re/insurer Canopius has announced that it will begin to underwrite cannabis-exposed risks for privately owned and not-for-profit organizations in US states where medical and recreational adult-use is legal. Coverages include Directors & Officers Liability (D&O), Employment Practices Liability (EPL), and Fiduciary Liability (FL). The company can now write all types ... Read the full article

Canopius & Falvey join forces to provide inland marine coverage

5th April 2023

Global specialty reinsurer Canopius has partnered with MGA Falvey Insurance Group (FIG) to offer inland marine coverage in the U.S. Canopius states that this marks the first time that it and FIG will be writing inland marine coverage in the region. From April onwards, Canopius will provide the paper for FIG, who ... Read the full article

Ocean Re hires former Canopius reinsurance head Jamie Wakeling as CUO

5th April 2023

Ocean International Reinsurance Company Ltd. (Ocean Re) has appointed Canopius Group’s Jamie Wakeling as Chief Underwriting Officer (CUO). A highly experienced veteran across the industry, Wakeling joins Ocean Re after spending just under 20 years of service at Canopius. He joined the firm in 2001 as an underwriter and would serve in ... Read the full article

Canopius hires QBE’s Sam Harrison as Group CUO

3rd April 2023

Global specialty re/insurer Canopius Group has appointed Sam Harrison as Group Chief Underwriting Officer (GCUO). Within the role, he will report to Neil Robertson - Canopius Group Chief Executive Officer, and he will also join the Canopius Group Leadership Team. Harrison joins the firm from QBE Insurance, where he served as GCUO ... Read the full article