Sompo Canopius (then ‘Canopius’) was formed via a management buyout in December 2003, with £25m equity capital. Since then it has achieved significant growth through a mix of organic expansion and acquisition. Sompo Canopius is one of the top 10 insurers in the Lloyd’s insurance market and across the group wrote in excess of $1.3 billion premium in 2016.
The group was bought in 2014 by Sompo Japan Nipponkoa Insurance Inc., an A+ rated company and one of the top three Japanese P&C insurers. It is itself the principal subsidiary of Sompo Holdings Inc., which has total assets of close to $100 billion.
Sompo Canopius AG is domiciled in Zurich and operates in the UK, Ireland, Netherlands, Switzerland, Bermuda, US and Singapore.
At Lloyd’s, Sompo Canopius operates through Canopius Managing Agents Limited, which manages a single syndicate (4444) with one other in run off. For 2016, Sompo Canopius owns 87% of capacity on Syndicate 4444. The Active Underwriter of Syndicate 4444 is Group Chief Underwriting Officer Mike Duffy.
Sompo Canopius has operations in the UK, Ireland, Netherlands, Switzerland, Bermuda, US and Singapore.
Sompo Canopius and Sompo Canopius Re are the brand names used for the insurance and reinsurance written by our various underwriting platforms.
We operate through the following group underwriting platforms:
We also hold a number of operating companies:
Our name and brand reflect both our heritage and our future: Nathaniel Canopius was a Cretan scholar studying at Balliol College, Oxford, who is reputed to have brewed the first cup of coffee in England in 1637. Then in the 17th century, Edward Lloyd’s coffee house became recognised as the place for obtaining marine insurance in London. Our name thus provides a strong association with the Lloyd’s market, which remains at the core of our operations.
Our name also reflects our ownership. The companies that came together to form Sompo Holdings have been operating in Japan since the 1880s and have a long and distinguished track record of providing insurance and risk solutions.
Our visual identity enables us to articulate the power of our combined companies, the strength and history of Sompo Holdings and the specialist expertise of Sompo Canopius.
Sompo Canopius AG Group Executive
Group Chief Underwriting Officer
Group Chief Risk Officer
Chief Finance & Operations Officer
Head of Strategic Business Development
Group Head of Human Resources
Chief Commercial Officer
Canopius Managing Agents Limited
Chief Underwriting Officer
Chief Executive Officer
Sompo Japan Canopius Reinsurance AG
Chief Executive Officer & Global Head Reinsurance, Sompo Canopius Re
Chief Financial Officer, Sompo Canopius Re
Sylva de Fluiter
Chief Operation Officer, Sompo Canopius Re
Chief Underwriting Officer, Sompo Canopius Re
Reproduced with the permission of Sompo Canopius. Copyright Sompo Canopius. All rights reserved.