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Earlier this week, we revealed that Louise Nevill was joining Axa XL as specialty CUO. -
Sinead Cormican has served as deputy underwriter for the past four years.
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The launch is part of MSI’s strategy to expand the capacity of its UK subsidiaries.
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The company’s syndicate has booked an 87.4% combined ratio for 2024.
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Aviation reserve strengthening added 10.1 points to the combined ratio.
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The MGA is offering lines of $25mn, up from the $10mn limit it was providing until late last year.
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The transactional liability-focused MGA's Lloyd’s line is up from £37.5mn to £40mn.
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Staff who left SRG’s MX Underwriting will begin working for Canopy this year.
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The offering includes GA, aviation GL and airport and product manufacturers liability.
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Tim Chapman also holds the role of EMEA head of construction at Scor.
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The product provides primary and excess coverage limits up to £5mn.
