UK - Canopius

Substantially the largest privately-owned Lloyd's insurance underwriting business, Canopius Group has achieved significant growth over the past six years through a mix of organic expansion and acquisition.

Where We Operate
UK

Canopius UK

Our core business in the UK is Canopius Managing Agents Limited, the 10th largest managing agency at Lloyd's and the largest privately-owned managing agency. Its principal business is the management of Syndicate 4444, which underwrites a diversified portfolio of insurance and reinsurance business worldwide, and Syndicate 260, which underwrites a specialist portfolio of UK motor business.

Syndicate 4444's gross premiums written for 2010 are projected to be c. £650 million.

The UK Division also includes Canopius Underwriting Limited, which underwrites specialty lines on behalf of Syndicate 4444.

In addition to the business written directly by Syndicate 4444, Canopius also provides UK property and liability products for the SME sector via Arista Insurance Limited, in which it holds a strategic ownership interest.

The UK division also includes the wholly-owned Syndicate 839, which is closed to new business.

The UK division is headed by Michael Watson, Chairman of Canopius Group

Jim Giordano, Group Chief Underwriting Officer has direct responsibility for the oversight of Canopius Managing Agents Limited's underwriting and reinsurance purchasing. Stephen Manning, Managing Director of Canopius Managing Agents Limited is responsible for all other Agency functions.