Canopius
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CUO Mike Duffy predicts MGA will become “the future of Lloyd’s”.
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The PE-backed carrier may delay its market debut until as late as next year.
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The pair had both joined the carrier in 2018.
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The MGA, which has capacity from Berkley Offshore and Munich Re Syndicate, is to start underwriting in June.
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The marine hull and war market has experienced a sustained period of personnel movement this year.
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The newcomer was previously head of special risk at the larger Lloyd’s business.
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The experienced underwriter joins from the UK War Risks Club, where he was underwriting director.
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Lack of scale prompts the retreat from a line the carrier began writing in 2017.
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The appointment comes after the departure of its Netherlands-based team and Sophie Irvine in the UK.
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Robertson will join as deputy group CEO before taking the CEO job, with Michael Watson staying on as chairman.
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Plus TransRe contingency losses, Lloyd's chief of staff and a round-up of the rest of the week’s most popular news.
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It is understood the book will be reinsured to close into Compre’s new legacy syndicate once the launch is approved.
