Leading global specialty re/insurer, Canopius Group has announced the reorganisation of its global underwriting operations.
The operations have been split into four key areas: specialty, short tail, reinsurance, and casualty.
Canopius states that the reorganisation has been done to enhance the focus on specialist underwriting capabilities, and to enable its three business regions to reach their greatest potential.
As part of the reorganisation, each of the company’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 both its brokers and customers.
Canopius Group Chief Executive Officer (CEO), Neil Robertson, 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.”
Moreover, Canopius has announced that Sarah Willmont has been promoted to UK CEO and Alois Rouffiac to UK Chief Underwriting Officer (CUO).
At the same time, Lisa Davis remains as CEO, US & Bermuda, with a CUO for that region set to be announced in due course. Mark Newman also remains as CEO of Canopius APAC, with Yann Marmonier promoted to APAC CUO.
In addition, the restructure also leads to the creation of new leadership roles in underwriting, three of which have been filled internally, underlining the company’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.
However, Canopius adds that 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.”
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