Michael Watson will continue as group chairman 

Global specialty reinsurer Canopius Group has today (5 January 2022) announced the appointment of its new group chief executive, Neil Robertson.

Robertson will lead Canopius by setting and helping it achieve its strategic ambitions, furthering its distinctiveness as a business, delivering enhanced returns for shareholders and working to create a culture in which employees can thrive.

He will also focus on developing Canopius’ Asia Pacific, Bermudian and US operations, while continuing to build the firm’s reputation as a leading London specialty (re)insurer.

Initially, Robertson joined Canopius as deputy group chief executive back in May 2021, reporting to group chairman and chief executive Michael Watson.

Watson said: “After leading Canopius for 20 years, it is now the right time to empower the next generation of leadership for the group.”

Robertson will be taking up his new role immediately, while Watson will continue as group chairman.

Next development phase

Robertson said: “This is a wonderful opportunity to lead a business with outstanding potential.

”I have had time get to know Canopius over the last six months and I have been hugely impressed with what I have learned and by the enormous potential of our talent to deliver sustained success.

“I look forward to continuing our work to realise our strategic objectives by building on Canopius’ established footprint, strong capital base and enviable reputation as we embark on the next exciting phase of our development.”

Watson added: “Recent months have shown Robertson’s exceptional talents as a motivational leader and a builder of effective teams, which will help propel us to the next level.”