LONDON – 27 May 2022 – Canopius Group, a leading global specialty (re)insurer, today announces the reorganisation of its global underwriting operations into four key areas: specialty, short tail, reinsurance and casualty, to both enhance the focus on specialist underwriting capabilities and enable its three business regions to reach their greatest potential.
As part of the reorganisation, each of Canopius’s business units – the UK, US & Bermuda and APAC – are now more empowered with each gaining its own executive team, allowing the business unit to better focus on serving its brokers and customers.
Neil Robertson, Canopius Group Chief Executive Officer (CEO) said: “We have made changes to the structure of our business to create a better balance between our global product offering and our regional business units. This will also enhance our strength – both from a performance and operational perspective – and creates benefits for all stakeholders, and most specifically our customers.”
Sarah Willmont has been promoted to UK CEO and Alois Rouffiac to UK Chief Underwriting Officer (CUO). Lisa Davis remains as CEO, US & Bermuda, with a CUO for that region to be announced in due course. Mark Newman also remains as CEO of Canopius APAC, with Yann Marmonier promoted to APAC CUO.
Canopius’s claims function will now also be represented on both the Group and regional executive teams and will reflect the global underwriting structure in its design.
The restructure also leads to the creation of new leadership roles in underwriting, three of which have been filled internally, underlining Canopius’s commitment to enabling talent from within its business. Charles Craigs has been promoted to Group Head of Reinsurance, Rachel Sabbarton to Group Head of Short Tail and Bernie de Haldevang, Group Head of Specialty. A Group Head of Casualty will be announced in due course.
The new roles and appointments are subject to all necessary regulatory approvals.
Robertson added: “With dedicated teams now in place and important new senior leadership positions filled with proven talent from within, this restructure advances our potential to realise our growth ambitions and drives empowerment throughout the organisation.”
For further information please contact:
David Haggie / Richard Adams, Haggie Partners +44 20 7562 4444
Canopius is a global specialty (re)insurer with underwriting operations in Australia, Bermuda, China, Singapore, the UK and US. It underwrites through Lloyd’s Syndicates 4444 (managed by Canopius Managing Agents Limited), a US surplus lines insurer, Canopius US Insurance, Inc and Canopius Reinsurance Ltd, a Bermuda based Class 4 Reinsurer.
For more information, visit www.canopius.com or follow @CanopiusGroup