Open Market Property Insurance
We underwrite a world-wide direct property portfolio across a broad geographical base, from our hubs in London, New York, and Singapore.
We emphasise providing an excellent service to our brokers and clients, producing enduring and valued relationships with our customers. We offer our brokers and clients a technical approach to pricing and breadth of knowledge from our specialist underwriters who travel extensively to maintain their knowledge of their markets, clients, and products.
Through the application of our underwriting expertise and proactive approach, we have the capability and flexibility to respond swiftly to market developments. We can also structure bespoke products and quality insurance to match our clients’ needs.

What we do
We write business from our Lloyd’s platform in London and Singapore. The portfolio comprises large- and middle-market Open Market Commercial Property business insurance, in occupancies ranging from general real estate and hospitality to agricultural, industrial, and general manufacturing clients.
Our Open Market Property team in the US offers retail and wholesale property products to clients around the world. Our main focus is on quota shared and layered property placements with an emphasis on catastrophe-driven business.

What it covers
- Business interruption resulting from insured physical damage
- Customised solutions for catastrophe-exposed and complex assets
- Physical loss or damage to buildings, contents, and equipment
Who it’s for
- Agriculture property and storage facilities
- Businesses with catastrophe-exposed property portfolios
- Educational institutions and public entities
- Industrial and warehousing facilities
- Large commercial property owners and asset managers
- Manufacturing units and production plants
- Operators in the retail and hospitality sectors
- Real estate investment and development firms
- Transportation and infrastructure
- Utilities and logistics facilities
What sets us apart
- Our specialist underwriters are in regular contact with their clients to keep abreast of evolving markets and offer a technical approach to pricing.
- Our underwriting expertise and proactive approach affords us the flexibility to take a broad view, challenge the status quo and partner in creative ways to address the unique risks of each client.
- Through the application of our underwriting expertise and proactive approach, we have the capability and flexibility to respond swiftly to market developments and structure bespoke products to match our clients’ needs.
- Underpinning our risk modelling and pricing sits our Catastrophe Management team who are rated Advanced by Lloyds for both natural catastrophe and non-natural catastrophe for the leading work they do.
- We believe in building lasting relationships based on trust and mutual respect. Managing complex risk often requires individual interaction and thoughtful dialogue.
- We offer a technical approach to pricing and breadth of knowledge from our specialist underwriters who travel extensively to maintain their knowledge of their markets, clients and products.
- We write business from Lloyd’s of London platform in London and Singapore. This open market basis allows us to offer large account Open Market Commercial Property insurance, focused towards real estate, retail and hospitality sectors, and light industrial (excluding petrochemical).

Speak to one of our specialist underwriters




















FAQs
-
This is a global property portfolio quality insurance that spans real estate, retail, hospitality, and industrial property. This covers commercial properties against financial loss from physical damage.
-
Our property business insurance focuses on SME commercial risks with total insured values below $5m (USD). Target classes of business include real estate, retail, financial institutions, healthcare, hospitality, education, recreation, entertainment, telecommunications, and light industrial.
-
We underwrite a world-wide direct property portfolio across a broad geographical base, from our hubs in London, New York, and Singapore.
Our role as a managing agent within the insurance market involves coordinating with various insurance companies to ensure a comprehensive and reliable service. By working on an open market basis, we can cater to the diverse needs of our clients, leveraging our connections with multiple insurance companies to provide the best possible coverage and terms. Our managing agent team’s expertise is instrumental in navigating the complexities of the insurance market and delivering tailored solutions to meet our clients’ specific requirements.
-
Yes, Canopius provides coverage for catastrophe-driven risks. Our Open Market Property insurance includes significant capacity for catastrophe limits depending on the risk exposures and programme structure. We focus on quota-shared and layered property placements with an emphasis on catastrophe-driven business, offering flexible capacity that can be utilised in primary or excess positions. This coverage is available globally through our Lloyd’s platform.
Latest Canopius property news
WTW, Canopius and Verita Launch Innovative Property Facility
New York, 3 September 2024 – WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the introduction of a new property...
Find out more