Canopius Lines Up Successor to Watson

Canopius Lines Up Successor to Watson
With over 30 years’ experience in the London insurance industry, Robertson joins Canopius from AXA XL, where he most recently served as CEO of global specialty. There, he oversaw a multi-billion dollar portfolio of business written across a broad global network.

Canopius Group has hired Neil Robertson so serve as deputy CEO, effective May, 04.

Robertson will report to Michael Watson, group chairman and CEO. The company said that after “a suitable transition period” it is intended that Robertson will assume the role of group CEO with Watson continuing as chairman.

With over 30 years’ experience in the London insurance industry, Robertson joins Canopius from AXA XL, where he most recently served as CEO of global specialty. There, he oversaw a multi-billion dollar portfolio of business written across a broad global network. Some of his previous responsibilities include chief executive of insurance underwriting for XL Catlin and seven years as CEO of XL Group’s Lloyd’s Managing Agency.

“This is the right time for me to start planning for the next generation of leadership at Canopius,” said Watson.  “After all, I’ve led Canopius for 20 years. I believe Neil is a proven, motivational leader and a very capable builder of businesses and teams. I’m confident he will help propel us to the next level and am delighted to welcome him to Canopius.

“Over the last 20 years, we’ve built a highly valued franchise and an excellent team. But there’s more we can do to expand our footprint and enhance our reputation and performance. Neil has the right experience to contribute to the development of Canopius at the most senior levels. I’m greatly looking forward to working with Neil and the wider Canopius leadership team as we continue our upward trajectory.”

Source: Insurance Business Magazine

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