Canopius spreads wings in aviation reinsurance with industry veteran hire

Global specialty re/insurer  Canopius Group has entered the aviation reinsurance market, hiring an industry veteran with 40+ years’ experience from Axis Capital. Canopius believes the aviation treaty market is now  “primed for new entrants” with additional capacity and expertise after experiencing a number of difficult years.

The company has recruited Andrew Hartley (pictured) as head of aviation treaty, London.

The new aviation reinsurance business will initially write non proportional aviation reinsurance with the ambition to quickly establish it as a lead market.

Hartley has over four decades of experience in the industry. He joins from Axis Capital, where he served as head of aviation. Prior to that, he was divisional director for aviation at Novae Group for 17 years and deputy underwriter at Kingsmead Underwriting Agency. Hartley has also held aviation broking roles at Nicholson Chamberlain Colls and CT Bowring & Co.

Alois Rouffiac, UK chief underwriting officer and active underwriter, said: “Andrew is a recognised leader in the aviation reinsurance market. He brings exceptional experience and is the ideal candidate to launch our new aviation treaty class to complement our reinsurance offering. This market has experienced a number of difficult years and is primed for new entrants which bring additional capacity and expertise.”

Andrew Hartley added: “I am delighted to join Canopius. The business has firmly established itself as a Lloyd’s market leader with deep technical understanding of risk and a strong reputation across underwriting classes. Canopius are committed to building an aviation business for the long term and I am looking forward to working with the team to realise the significant opportunities in the market.”

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