Canopius Group has appointed Kate Roy as chief operating officer (COO), effective from early 2022. In her new role at the global speciality reinsurer, Roy will report to deputy CEO Neil Robertson who joined the firm last February. Canopius has underwriting operations in several jurisdictions through Lloyd’s Syndicate 4444 (managed by Canopius Managing Agents), Canopius US Insurance and the Bermuda-based class 4 reinsurer Canopius Reinsurance. The firm offers insurance solutions in the lines of accident and health, casualty, cyber and specialist consumer products, among others, as well as reinsurance solutions for US and international property and casualty, agriculture, marine, protection and indemnity, and terrorism and political violence. Roy most recently served as COO, UK at Willis Tower Watson, before which she held the positions of executive director, UK operations at AIG Property Casualty and director of insurance services at Capita. With a career spanning more than 30 years, Roy is experienced in leading and administrating complex, transformational operational solutions across business units and geographies. Commenting on the appointment, Robertson says: “Kate is hugely experienced across the gamut of global reinsurance, with a firm understanding of our business and the markets we operate in.” “Kate will help shape our future operating model and her energy and enthusiasm will be an asset to our positive distinctive culture and will undoubtedly help us realise Canopius’s future ambition.”
