Canopius Appoints Neetu Varghese as Head of Marine, U.S.

Chicago – 5 May 2025Canopius, a leading global specialty and P&C (re)insurer, announced today the appointment of Neetu Varghese as Head of Marine, U.S.

Ms. Varghese assumes the role after having served as National Cargo Manager since joining Canopius in 2023.

Ms. Varghese’s appointment marks the latest milestone in the company’s strategic expansion in the U.S. marine insurance market, and reaffirms its commitment to providing innovative, reliable, and comprehensive solutions that meet the complex needs of Canopius’ marine clients across the country.

“Canopius has a unique opportunity to service the continually growing marine risk management marketplace globally and in the U.S.” said Lisa Davis, CEO of Canopius U.S. “Neetu brings the deep marine underwriting expertise needed to develop solutions that service our policyholder as we expand our offering within the U.S.”

Canopius offers a comprehensive suite of marine insurance policies including Cargo Insurance, Hull & Machinery Insurance, Marine Liability Insurance, and Marine War Risk Insurance. The company’s technically experienced team of underwriters are willing to consider complex risks and empowered to make informed decisions quickly.

“I am thrilled to take on this new challenge and lead the Marine division in the U.S.” said Ms. Varghese. “I look forward to continuing to work with our talented team to deliver outstanding results and further strengthen our market position.”

Ms. Varghese brings over 20 years of experience to the role. Before joining Canopius, she served as Ocean Cargo Underwriting Director at RLI Insurance Company. Prior to that, she worked at CNA Insurance in a variety of roles, departing as Marine Underwriting Director.