A few days ago we reported this, Cyber Insurance Market Soars. The piece noted, “Approximately 50%, of the Asia-Pacific (APAC) region is poised to witness the most rapid [cyber insurance] expansion in the years to come.” On the back of that news, this report, Canopius expands APAC team
Canopius, a specialist insurance underwriter, has announced the expansion of its Asia-Pacific (APAC) team with the appointment of two new underwriters in Australia.
Lucy Lumb joins Canopius as the underwriter for property coverholder and delegated authority. Trisha Urquhart joins as the underwriter for accident & health. Both Lumb and Urquhart have extensive experience in the insurance industry.
Lumb will report to Jeanene Hill, head of coverholder & delegated authority at Canopius. Urquhart will report to Suzanne White, who leads the accident & health team in APAC.
Hill commented on Lumb’s appointment, saying: “Lucy’s extensive experience in the property insurance market will be a valuable asset to our team. She has a proven track record of success in underwriting and managing portfolios, and I am confident that she will make a significant contribution to our business.”
White added: “Trisha’s appointment is a testament to our commitment to growing our accident & health business in APAC. She has a deep understanding of the market and a strong track record of success in underwriting and managing portfolios. I am confident that she will be a valuable asset to our team.”
About Canopius
Canopius’ APAC team is now based in five locations across the region: Singapore, Hong Kong, Sydney, Melbourne, and Perth. The team provides a wide range of insurance products and services to clients across the region.
In addition to the two new cyber insurance hires in Australia, Canopius has also recently expanded its APAC team with the appointment of a new head of underwriting for Singapore. The company is also planning to open a new office in New Zealand in the near future.
Canopius’ expansion in APAC is part of its wider growth strategy. The company is targeting double-digit growth in the region over the next few years.
Source: Canopius expands APAC team
Other News: Cyber Insurance Market Soars(Opens in a new browser tab)