Canopius Group reveals new head of UK distribution

Global specialty (re)insurer Canopius Group has appointed Matthew Crane as its new head of UK distribution, a statement released yesterday (9 January 2023) said.

In his new role, Crane will be responsible for enhancing the group’s relationships with global brokers, regional distribution partners and strategic clients as the business seeks new growth opportunities.

The position will also see him serve on the Canopius UK executive committee.

UK chief executive Mark Newman said Crane was the “ideal hire” to help the firm grow and bolster relationships.

“To continue the great momentum we are building and to further realise our ambitions in the UK market, it’s important that we further deepen our relationships with our broking and distribution partners,” he said.

“By simplifying access to our syndicate’s capacity and helping our partners understand and value our full product suite and expertise, we can unlock additional new and profitable growth in areas where we have clear strengths.

“[Crane] brings an exceptional track record of spearheading growth and is renowned throughout the UK market for his expertise.”

Experience

The appointee brings nearly two decades of insurance industry experience to the role.

He joins from Pib Group, where he most recently served as chief executive of Q Underwriting for just over a year.

Prior to this, Crane spent around 15 years at QBE Insurance, where he held senior motor positions before taking on the role of managing director of UK and Ireland.

He also served as chief executive of Amwin’s Global Risks, where he oversaw the business’ London and Lloyd’s market, Europe, Asia and Latin America operations.

Crane said the “opportunities available to Canopius are immense”.

“The quality of the underwriting and claims teams is second to none and I am looking forward to working with them to strengthen the company’s presence in the UK,” he added.