Canopius
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The carrier is expanding its US presence, having doubled GWP at Canopius USA in 2020.
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Kate Roy has served as COO for Great Britain and Willis Ltd since 2015 and been involved on the PPL board since the platform’s inception.
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The carrier said the two US hires will make its space insurance team one of the largest in the market.
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A ballot will be held in late October to find a replacement Council member for a term beginning in February 2022.
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PwC’s Gavin Phillips is to start in his new role in January 2022 as Nigel Meyer plans to resign in March 2022.
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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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