Canopius announces new COO and CFO

Canopius today announces two senior management appointments, both of whom will join the group later in the year.

Laurie Davison is appointed group chief operating officer and will join in April. She is joining from Exari Group, where she currently holds the same position.

Nigel Meyer will become group chief financial officer, a position he currently holds at Brit Insurance. He has worked in the industry for more than 20 years, having previously held senior positions at Aviva and RSA.

Michael Watson, Canopius chairman commented: “In a week full of good news for Canopius, I am delighted to announce these two new members of our senior team.

“Laurie understands our industry very well, bringing with her substantial experience on both the customer and insurer sides as well as deep technology expertise.

“Nigel’s experience across Lloyd’s and general insurance, his ability to manage a variety of stakeholders and regulators, and understanding of private equity ownership will be a great asset to Canopius. Together they bring excellent strength and breadth to our team.”

Davison said: “It is an exciting time to be joining Canopius. I am impressed by the ambition and strategy of the group and I look forward to being part of the leadership team that moves the business forward, pulling together the different operational strands and ensuring we provide the best service possible to our brokers and clients.”

Meyer concluded: “With Canopius moving into a new era of private ownership and against the market trend of consolidation, it has an extraordinary opportunity to build on its position as a top ten Lloyd’s insurer. I am looking forward to being part of that growth.”