’Our new office represents our long-term investment in the region,’ says group chief operating officer

Canopius has opened a permanent office in Manchester, marking its second largest location after London.

The (re)insurer has had a team working from shared working spaces in the city since 2022 and its new location is based at 100 Barbirolli Square.

The workspace has been designed to support modern, flexible ways of working, Canopius noted. It also said the office will serve as a centre of operational excellence.

”This centre will promote efficiency and scalability across all Canopius operational, technology and data functions,” Canopius said.

’Long-term investment’

The business has signed a 10-year lease, underscoring its long-term commitment to Manchester.

Kate Roy, group chief operating officer, said: “Manchester offers an outstanding talent pool that we have already benefited from enormously. Its commitment to supporting the financial services sector creates the ideal environment for businesses like ours to thrive.

“Our new office represents our long-term investment in the region and reflects our belief that Manchester is perfectly placed for us to realise our ambitions and deliver even more practical solutions for our clients.

”It will be a place where we can build, share and develop technical and operational skills by bringing together top expertise and empowering exceptional people.”