Warranty, creditor and mortgage indemnity products part of insurer’s UK retail expansion

Canopius has confirmed the capture of ANV’s consumer products team as prepares to launch a suite of products for the UK affinity market.

The new team comprises specialist warranty, creditor, mortgage indemnity and accident and health underwriters and support staff.

The team is led by divisional underwriter Chris Biles, with the support of head of mortgage David Swan and head of warranty John McGonigle.

Canopius said the team’s transition would be complete by January.

Insurance Times revealed in August that ANV’s 10-strong consumer products team had resigned.

Canopius UK specialty chief executive Tim Rolfe said: “I am extremely pleased to welcome this highly skilled team of specialists to Canopius. We have significant growth ambitions for UK Specialty and are strengthening our existing business lines, diversifying into new product areas and continuing to attract high calibre individuals to complement our existing expertise.

“This move into consumer products broadens our offering to brokers and is a significant step for us in realising our expansion aims. I look forward to working with the team.”