Canopius to rebrand as Sompo Canopius

Canopius has announced an entire image rebrand following Japanese insurance group Sompo Japan’s acquisition of the Lloyd’s insurer.

Now known as Sompo Canopius and with a new logo, the group will continue under the same management structure and will write premiums in excess of £1bn.

The firm was bought by Sompo in December 2013 for £594m and at the time the two entities planned on existing separately to each other.

Sompo Canopius chief executive Stuart Davies said: “Today is an exciting moment in our story as we adopt a new brand and visual identity that reflect our ownership. We have the secure backing of Sompo Holdings’ financial strength and global reach.

“Sompo Canopius is also packed with talented people; from actuarial to claims to underwriting.”