Chicago, 20 February 2026 – Canopius, a leading global specialty and P&C (re)insurer, announced today a partnership between Canopius US Marine and Globex Underwriting Services to provide placement of local marine policies globally.
The partnership enables Canopius to extend admitted local coverage to more than 200 countries and territories world-wide, supported by Globex Underwriting Services’ established global network, digital infrastructure, and deep international expertise. With built-in support for compliance, tax requirements, claims handling, and premium collection, Canopius gains the ability to quickly and confidently become a multinational marine coverage market.
Neetu Varghese, Canopius Head of Marine, US said:
“We’re thrilled to partner with a well-established global leader in multinational admitted coverage. Globex’s long-standing experience across major lines of business, including marine, and its extensive global client base, further strengthen our ability to grow our portfolio and serve our clients’ multinational risks efficiently and reliably.”
Douglas B. Fay, President of Globex International Group said:
“Globex is excited to partner with Canopius, a leader in the global specialty lines space. For over 30 years Globex has been a leader in delivering best-in-class global placement services. Through a combination of our multinational experience, our proprietary platform, and a network of well-established local partners, Canopius will be able to deliver comprehensive and competitive global programmes. We look forward to working with Canopius to scale their programme offerings world-wide.”
Canopius offers a comprehensive suite of marine insurance policies including Cargo Insurance, Hull & Machinery Insurance, Marine Liability Insurance, and Marine War Risk Insurance. The partnership between Canopius US Marine and Globex Underwriting Services marks the latest milestone in the company’s strategic expansion in the US Marine insurance market, and reaffirms its commitment to providing innovative, reliable, and comprehensive solutions that meet the complex needs of Canopius’ marine clients around the globe.
