25 October 2019Insurance

Canopius appoints Crispin Hodges to trade political risk role

Canopius has appointed Crispin Hodges as head of trade political risk (TPR).

Based in London, he will report to Bernie de Haldevang, head of credit, political & crisis (CPC), and begins on Monday.

TPR is a newly-created profit & loss unit and sits alongside the existing P&Ls within the CPC division of Excess of Loss Trade Credit (XTR), Credit & Political Risk (CPR) and Crisis Management (CM). It comprises the syndicate 1861 political risk book formerly managed by AmTrust at Lloyd's. Crispin’s role will be to run this unit independently within CPC, defending and developing the existing book in a standalone team. Canopius says more hires will be announced shortly.

Bernie de Haldevang said: “Alongside Crispin’s specific experience in the contract frustration and political risk class and profitable underwriting track record, he has many contacts globally, having worked in London and Paris, and in regional hubs such as Singapore and Dubai. He is ideally suited to develop this part of our credit and political risk book. His hiring is indicative of our continued ability to attract top-tier industry talent as well as our enduring commitment to grow this part of our business and provide the broadest offering to our clients and brokers. I look forward to welcoming him to the team and to realising our strategic ambitions.”

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