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18 January 2024 Insurance

Canopius to expand financial lines business across Asia Pacific

Global specialty re/insurer Canopius has brought on board a senior hire from AXIS Capital, with prior experience at AXA XL and Lloyd’s Syndicate Catlin, aimed at launching a professional lines practice across Asia Pacific.

Robert Barnum (pictured) joins Canopius as underwriter - professional lines, Australia, & Asia-Pacific to expand its financial lines business across the region.

Based in Sydney, Barnum has over 10 years of financial lines experience, most recently serving as the head of professional lines & cyber Asia Pacific at Axis Capital in Singapore. Prior to that, he held similar roles at AXA XL and Lloyd’s Syndicate Catlin in Australia.

In his role at Canopius, Barnum will further expand the company's operation in the region by establishing a professional lines practice across APAC. His focus will be on open market professional indemnity and coverholder business in Australia, working closely with the wider casualty team.

Claudio Saita, head of Australia & Pacific, Canopius, said: “Rob's appointment reinforces our commitment to fortifying our presence in Australia and expanding our reach in the broader Asia-Pacific market. 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.”

Craig Elliot, head of casualty, Asia Pacific, Canopius, added: “As we continue to strengthen our leadership team in the Asia-Pacific region, the addition of Robert Barnum to Canopius is a significant milestone. 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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26 May 2020   Canopius established its Sydney office last year as part of its expansion across the Asia Pacific region.
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29 April 2021   Canopius ‘is looking to become a leader in this profitable business class with the hire’.
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7 March 2018   Specialty re/insurer Canopius has appointed Mike Duffy chief executive of Canopius Managing Agents, the group’s principal regulated entity, in addition to his existing role as group chief underwriting officer.