Canopius

Paul Western joins from Optio Group, where he was CUO.

Increased competition in the upstream space, driven by a capacity surplus, is turning conditions in the favour of clients.

The additions would lift Canopius’ current employee base of around 680 employees by around 7%.

Group CEO Neil Robertson is making his mark on the company with an overhaul of leadership into regional and underwriting heads.

The executive will depart the business in May 2023.

The underwriter worked at the carrier for six years before joining Atrium in 2014 and replaces Malcolm Barnes.

Catastrophe losses remained high in 2021, adding 5 points to the loss ratio for the year compared to 2020.

The former analyst joins from Agency Partners.

The former Axa XL executive was hired as deputy CEO last year as part of a succession plan.

The deal was brokered by Gallagher Re.

After the HCI-owned InsurTech TypTap filed for an IPO in the US, Insurance Insider looks at other carriers that could unlock sky-high value from their tech-led subsidiaries.

Lindsay Astor’s appointment to the new role is effective immediately.