Susan Patschak, CEO of Canopius Bermuda, will be stepping down from her position at the end of May. She will be replaced by Stephen Hartwig who is presently senior vice president at the firm and has headed up the company’s excess casualty underwriting team since 2008.
Patschak is leaving to pursue a new role in the US insurance industry.
Commenting on Patschak’s departure, Michael Watson, executive chairman of Canopius said: “since our entry into the Bermuda market over five years ago, Susan has ably led our first platform outside London and built a successful franchise and respected brand. Susan deserves huge credit for her role in this achievement and I have every confidence that her new venture in the industry will reflect her high standards and result in her continued success.”
Canopius, Patschak, Bermuda, Hartwig, US, reinsurance