It was back in April this year that Canopius chairman Michael Watson announced that an agreement had been signed with AmTrust at Lloyd’s that would bring Canopius’s Lloyd’s business together with the AmTrust financial division. This morning it was announced that the deal had crossed the finishing line.
In a statement it was outlined that the move would provide Canopius with “significant additional underwriting expertise and a broader product offering.” Watson believes it creates a leading Lloyd’s insurer that boasts both increased scale and enhanced relevance to both brokers and clients alike.
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