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Canopius appoints underwriter for Political Risk & Crisis Management

Canopius Group, a privately-owned international insurance and reinsurance group, has appointed Simon Low as underwriter to lead the newly created underwriting division Political Risk & Crisis Management.

Low will lead the new division, to include his areas of expertise together with the existing Crisis Management business written by Canopius (comprising sabotage & terrorism, kidnap & ransom and product contamination).

He will also oversee Canopius’s accident & health lines. In his role, he will report to Mike Duffy, joint active underwriter of Syndicate 4444.

Simon Low will join Canopius from Ark Syndicate 4020 where he was the senior terrorism, war and political risk underwriter. He has 23 years of experience of underwriting political risk, terrorism and war business in the Lloyd’s market. Previous companies include Wellington, Janson Green and Merrett.

Duffy said Simon’s appointment supplements the existing underwriting expertise and enables us to offer a wider range of specialist products to our clients.

"It also supports our strategy of pursuing further profitable diversification of Syndicate 4444," Duffy said.