Canopius Group, a leading global specialty (re)insurer, today announces that, after sixteen-and-a-half years of service, group chief underwriting officer Mike Duffy will retire in twelve months’ time.
Duffy joined Canopius in January 2006 as head of D&F property, progressing throughout his successful tenure to serve as chief executive officer of Canopius Managing Agents, before he became Group CUO.
During his more than 40-year insurance career, Duffy has held numerous roles in the London market and also worked abroad, most notably in New York.
Duffy will remain at Canopius for the next 12 months to oversee an orderly transition to his successor – to be announced in due course – and will leave in May 2023.
Neil Robertson, group chief executive officer, Canopius Group said: “Mike has had a hugely significant impact on Canopius during his time, helping to shape the thriving company it is today. He has also mentored and supported the careers of many underwriters in our market.
“On behalf of our leadership team and all at Canopius, I would like to express our huge thanks for his many efforts and continuing contributions, and we shall reserve our fond farewells for next year.”