Canopius underwriting team faces exodus
UK household and misc. personal property team members set to exit
Canopius head of household underwriting Chris McGinn and members of his team are poised to quit the Lloyd’s insurer.
McGinn and a number of his team have told Canopius they want to resign.
McGinn headed up the UK household and miscellaneous personal property division of Canopius.
A Canopius spokesman would not reveal exactly how many employees are involved, but confirmed that “certain members” of the team also want to hand in their resignation alongside McGinn’s.
The team includes joint deputy divisional underwriters Andrew Booth and Dominic Miller, head of claims Michael White and underwriters Leo Downes and Rob Morris.
The spokesman said: “We intend to continue to underwrite this business, and plan to recruit additional resources to strengthen the team as necessary.”
Canopius recently hired Zurich’s Inga Beale as its new group chief executive.
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