Canopius asserts intention to bolster professional lines business with new appointment

Canopius asserts intention to bolster professional lines business with new appointment | Insurance Business Australia

Insurance News

Canopius asserts intention to bolster professional lines business with new appointment

Who is the new appointee to help grow the line of business in Australia and the APAC region?

Insurance News

By
Jonalyn Cueto

Canopius Group, a Sydney-based global specialty (re)insurer, has announced the appointment of Robert Barnum as an underwriter for professional lines for Australia and the Asia-Pacific (APAC) region. According to a news release, this appointment is aligned with Canopius’ commitment to expanding its footprint in the APAC region as well as with its intention to grow its professional lines business.

Barnum brings to the role over 10 years of experience in professional lines. He previously served as head of professional lines and cyber Asia-Pacific at Axis Capital in Singapore. Prior to this, he held similar roles at AXA XL and Lloyd’s Syndicate Catlin in Australia.

In his new role, Barnum will aid the growth of the company’s expansion in the region, starting with establishing a Professional Lines practice across the APAC region. He will be focusing on the open market professional indemnity and coverholder business in Australia, working in close collaboration with the casualty team, according to a news release.

“Rob’s appointment reinforces our commitment to strengthening our presence in Australia and expanding our reach in the broader Asia-Pacific market,” said Claudio Saita, head of Australia and Pacific at Canopius. “His proven track record and leadership qualities make him a valuable addition to Canopius, and we look forward to leveraging his expertise to deliver innovative solutions and further drive growth across the region.”

“As we continue to strengthen our leadership team in the Asia-Pacific region, the addition of Robert Barnum to Canopius is a significant milestone,” said Craig Elliot, head of casualty for Asia Pacific at Canopius. “With his experience in Financial Lines and proven success in the industry, Rob brings a wealth of knowledge that will undoubtedly enhance our capabilities and help us continue to offer leading-edge products to our customers.”

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