Canopius hires President to spearhead significant US expansion

Canopius hires President to spearhead significant US expansion 150 150 Haggie Partners

Canopius Group today announces it has appointed Lisa Davis as President and Chief Underwriting Officer of Canopius USA, effective October 1.

With over 25 years of experience, Davis joins from Sompo America Insurance Services LLC where she served as Executive Vice President, President Asian Risk Solutions at Sompo International since 2016.

Reporting to Group CUO Mike Duffy, Davis will oversee all Canopius U.S. operations, comprising Canopius US Insurance, Inc. (CUSI) in Chicago and Canopius Underwriting Agency, Inc. (CUAI) in New York. Davis will build on the combined strengths of CUSI and CUAI, supported by expertise in London, to realise Canopius’ ambitious U.S. growth aspirations.

To that end, Canopius also plans to draw on its partnership with Samsung Fire & Marine Insurance (“SFMI”), which became a significant minority investor in Canopius in 2019, by using its highly-regarded Admitted paper to underwrite more U.S. business.