London, 9 February 2026 – Canopius, a leading international specialty and P&C (re)insurer, has today announced the creation of its consolidated Natural Resources team in response to market demand.
The team encompasses energy, heavy industry, and construction to better reflect how brokers in these classes allocate business. They write across upstream, midstream, and downstream energy, as well as power and renewables, mining, metals, and chemicals, ensuring alignment with how risks are placed in the market.
This consolidation will allow underwriters to work with brokers to create bespoke, cross-class solutions for their client’s needs, reinforcing the insurer’s commitment to providing the best products for insureds.
The team will also bring together technical specialists, in-house engineers, and claims experts to enable more efficient and proactive knowledge sharing of emerging risks to inform mitigation and feed into the development of tailored products.
This includes broader coverage where required, with additional products such as sabotage and terrorism, cyber, project cargo, or casualty complementing the core offering. It will also ensure a hands-on claims approach to drive more seamless operations across the whole insurance lifecycle.
Mark Houghton, Global Product Leader, Specialty at Canopius, commented: “Our main goal is always to find the best and most efficient way to help our brokers deliver for their clients. With upstream, midstream, and downstream energy, as well as power and renewables, mining, metals, and chemicals being interconnected, we wanted to make sure we were best set up to reflect the fact that they often require similar expertise. With a consolidated team, we can provide a more efficient service across the whole lifecycle from risk mitigation to claims.
“It is a clear demonstration of our commitment to investing in our people and our proposition to meet clients’ growing and increasingly complex demands.”
