Canopius Group has boosted its professional lines capabilities across the US and Bermuda with two new hires.
Mike Butler, a long-time SVP from Argo Group, joins the global speciality reinsurer as head of management and professional lines, Bermuda. Jade Weaver, also from Argo Group, joins as an underwriter in management and professional lines.
Butler will be reporting to Laurie Banez, head of casualty and head of management and professional lines, reinforcing the company’s professional lines capabilities across the US and Bermuda region.
With nearly 25 years of industry experience, Butler most recently served as senior vice president and professional lines manager at Argo Group from 2011 through 2023.
Weaver, meanwhile, previously served as an underwriter on the professional lines team at Argo Group.
Canopius has underwriting operations in Australia, Bermuda, China, Singapore, the UK, and the US. Lisa Davis, US and Bermuda regional CEO at Canopius, reiterated the firm’s commitment to building its specialty platform and expanding in key sectors across the US and Bermudian markets.
“Growing our Management and Professional Lines offering is an important step in delivering a broader suite of products to our broking partners,” Davis said in a release.
“These appointments further strengthen our on-island presence and emphasize the core role our growing Bermudian business plays in our wider group growth plans,” said Charles Craigs, CEO of Canopius Bermuda and Group Head of Reinsurance.
“We look forward to further strengthening our team and continuing to attract the leading talent in Bermuda, an important market with a strong talent pool, and our goal is to support it as best we can.''
