Reinsurance News
Coverys
Coverys adds Littlemore and Farnworth to its Board
25th September 2025
Coverys, a provider of insurance and reinsurance across a range of medical professional liability and healthcare lines, has appointed Rob Littlemore and Catherine Farnworth as Independent Non-Executive Directors. Additionally, Farnworth will also assume the role of Chair of Coverys Limited’s Audit, Risk & Capital Committee, subject to required regulatory approvals. Littlemore brings ... Read the full article
Coverys names Naveed Anwar as Chief Financial Officer
6th March 2025
Coverys, a provider of medical professional liability (MPL) insurance and healthcare risk management services, has named Naveed Anwar as its new Chief Financial Officer (CFO). Reporting directly to President and CEO Joseph G. Murphy, Anwar will lead strategic financial initiatives focused on driving growth and optimising capital management to support Coverys’ ... Read the full article
Coverys gets regulatory approval for new London insurance entity
2nd July 2024
Coverys Limited, part of the company's dedicated London platforms which include both insurance company and MGA operations, (collectively Coverys London), has launched as a company market underwriting platform following approval from the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA). Coverys Limited has also been approved for admittance to ... Read the full article
Coverys launches international business in Dublin
6th May 2022
Leading medical professional liability insurance provider, Coverys, has announced the launch of Coverys International Insurance Company (Coverys International), based in Dublin, Ireland. The company will write a portfolio of European speciality liability business primarily distributed through the group’s pan-European network of MGA companies, that includes Bridge Insurance Brokers in Italy, AEC ... Read the full article
Coverys takes majority stake of Brady Insurance in Ireland
25th August 2021
Coverys European Holdings (CEH), an agency platform and network specialising in European markets, has completed a 51% acquisition of Joseph G Brady (Insurance) Ltd. (Brady Insurance), an insurance underwriting agency, broker and Lloyd’s coverholder based in Ireland. Brady Insurance provides a suite of business and personal lines products from its headquarters ... Read the full article
Compre announces completion of RITC with Coverys & AXA LM syndicate
22nd February 2021
Legacy group Compre has completed its second Lloyd's transaction, the reinsurance to close (RITC) of Syndicate 3330's 2018 year of account into Compre's Syndicate 1994. The legacy specialist's Lloyd's Syndicate 1994, which is managed by Apollo Syndicate Management, was launched last week. This latest transaction, which includes the purchase of AXA ... Read the full article
Coverys promotes Joseph Murphy to CEO
8th February 2021
Coverys has appointed Joseph Murphy to Chief Executive Officer and President, succeeding Gregg Hanson, Chief Executive who will retire next month. He joined Coverys as COO in 2015, overseeing the insurers underwriting, business development and distribution, business analytics and risk management. Prior to joining Coverys, he served as the Commissioner of Insurance ... Read the full article
Coverys adds two to Board
29th January 2021
Coverys Managing Agency, a Lloyd’s managing agent, has appointed Sarah Davies as a Non-Executive Director and Chair of Risk & Capital Committee. David Hipkin, who previously served as a Non-Executive Director and Chair of the Risk & Capital Committee at Coverys has also been appointed as Non-Executive Chair of the Board. Davies ... Read the full article
Coverys finalises acquisition of Bridge
26th October 2020
Coverys European Holdings (CEH) has announced that the acquisition of Bridge Insurance Broker, a Lloyd’s wholesale broker and coverholder, has been completed. Bridge, which is based in Italy, will provide a full suite of property, casualty and specialty insurance products, as well as claims management services. The Italian agency manages some ... Read the full article
Coverys adds Robert Forster as Director of Underwriting
21st April 2020
Coverys Managing Agency has announced the appointment of Robert Forster as director of underwriting. Forster’s appointment is effective June and he succeeds Phil Sloan, who is due to retire from the position. He brings over three decades of specialist underwriting experience to Coverys and most recently served as Chief Underwriting Officer and ... Read the full article
Coverys Syndicate 1975 adds Beazley’s Minetti as Active Underwriter
10th February 2020
Coverys Managing Agency Limited has announced the appointment of Beazley's Valentina Minetti as Active Underwriter for Syndicate 1975. Minetti is scheduled to join Coverys, the Lloyd's managing agent of Syndicates 1975, 1991, and 3330, following the expiration of her notice period. She joins the firm from Beazley, where she most recently had ... Read the full article
Coverys European Holdings announces its first acquisition
9th January 2020
Coverys European Holdings Limited (CEH), a division of Coverys which invests in specialty managing general agencies (MGAs) across continental Europe and the UK, has announced the completion of its first acquisition. For its first acquisition, CEH has purchased a Lloyd's of London Coverholder and Broker, TPA, and MGA business providing liability ... Read the full article
Coverys launches European Holdings platform, names leadership
6th January 2020
Coverys, a provider of medical professional liability insurance, has announced the launch of Coverys European Holdings Limited (CEH), an Agency platform and network that will invest in and collaborate with managing general agencies in Continental Europe and the UK. The new business will target non-competing MGAs across Europe with complementary portfolios ... Read the full article
Coverys appoints Canopius’ Jo Marshall general counsel
10th December 2019
Coverys, the Lloyd’s managing agent of Syndicates 1975, 1991 and 3330 has appointed Jo Marshall as general counsel. Marshall brings over two decades of legal and compliance experience to the role and joins from Canopius. “Coverys’ reputation has been built on a data and analytics-led approach to underwriting, market-leading expertise in medical ... Read the full article
Coverys signs agreement with AdvantageGo to deploy Sanctions Service
6th September 2019
AdvantageGo, the commercial re/insurance software provider from NIIT Technologies, has been selected to help Coverys Managing Agency Ltd (CMAL) adhere to international sanctions regulations. CMAL, a provider of medical professional liability insurance protection, will deploy AdvantageGo’s Sanctions Service across its UK and US operations to help mitigate risk and remain compliant ... Read the full article
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