New for CEO for Canopius to lead Bermuda development

Canopius Group has promoted Neil Robertson to CEO Michael Watson, who will continue as chairman. The transition will also see the business focus on developing its Bermudian, US and Asia-Pacific operations, the company said.

Watson joined Canopius from AXA XL as deputy group CEO in May 2021. His promotion brings to an end 20 years at the helm of the specialty re/insurer for Watson.

“After leading Canopius for 20 years, it is now the right time to empower the next generation of leadership for the group,” said Watson. “Recent months have shown Neil’s exceptional talents as a motivational leader and a builder of effective teams, which will help propel us to the next level.”

Robertson said: “This is a wonderful opportunity to lead a business with outstanding potential. I have had time to get to know Canopius over the last six months, and I have been hugely impressed with what I have learned and by the enormous potential of our talent to deliver sustained success.

“I look forward to continuing our work to realise our strategic objectives by building on Canopius’s established footprint, strong capital base and enviable reputation as we embark on the next exciting phase of our development.”