Paul Cooper joins Lloyd’s insurer from Ernst & Young

Inga Beale Canopius

Lloyd’s insurer Canopius has hired Paul Cooper as group chief financial officer.

He will join the company in March 2013. He succeeds current finance chief Robert Law, who has chosen to step down from full-time employment.

Cooper joins Canopius from accounting firm Ernst & Young, where he was the partner leading the specialty (re)insurance market segment. He was also a lead partner for a number of Lloyd’s and London market financial audit engagements.

Before Ernst & Young, Cooper was finance director at Hiscox’s UK busines Hiscox Insurance Company.

Outgoing finance chief Law has worked for canopius and its predecessor companies since 2000 and was a member of the management buyout team. He has played a central role in the executive management team throughout the growth and development of Canopius over the past nine years.

Canopius chief executive Inga Beale (pictured) said: “I am thrilled that Paul has decided to join Canopius. It is testament to the company’s success to date and future potential that we have been able to attract someone of Paul’s considerable experience and talent. We want to employ smart people who are passionate about creating value and Paul fits that bill perfectly. I am confident that his expertise and skills will prove invaluable as we seek to deliver our strategic goals.”

Canopius executive chairman Michael Watson added: “I also welcome Paul to Canopius, who I believe will prove a worthy successor to Robert Law. I am enormously grateful to my long-standing colleague and friend, Robert, for his unstinting support and achievements over the past 12 years. His contribution to Canopius’s success to date is immense.”