Canopius creates general counsel role with former Legal & General exec at the helm

Specialty re/insurer is carving out legal leadership for the first time

Canopius creates general counsel role with former Legal & General exec at the helm

Reinsurance News

By Kenneth Araullo

Specialty re/insurer Canopius Group has appointed Jasan Fitzpatrick (pictured above) as general counsel, effective April 1, 2026.

The role is newly created, with responsibilities that were previously held by chief risk officer Sheldon Lacy.

Fitzpatrick will join the Group Leadership Team and report to group chief executive Officer Neil Robertson.

He joins from Legal & General, where he serves as group M&A director with oversight of global deal activity. Prior to that role, Fitzpatrick held general counsel positions at Legal & General Capital, Cala Homes, Premium Credit, and Northern Rock.

Robertson said Fitzpatrick's background addresses a need created by Canopius's expansion. "He brings critical expertise at a time of increasing organizational scale, when we face ever-increasing complex legal frameworks and regulatory requirements across multiple jurisdictions," Robertson said.

Fitzpatrick said the timing of his move aligns with Canopius's current growth trajectory. "As the Group continues to grow and evolve on the back of strong results and momentum, it will be important that we continue to place the business in a strong position from a legal perspective globally," he said.

Strong momentum and regulatory complexity

The appointment follows a period of rapid growth at Canopius. The company reported record 2024 financial results, with insurance contract written premium rising 26% to $3.53 billion and profit after tax increasing 10% to $401.3 million. The carrier achieved a return on equity of 28%.

That momentum continued into the first half of 2025, with net insurance revenue up 42% to $1.39 billion and profit after tax reaching $222 million.

The hire also comes as insurers face a more complex regulatory environment. According to RegEd, carriers were tasked with managing over 3,300 regulatory updates in 2024 alone when combining state and federal changes in the US.

PwC has identified the period from late 2025 to mid-2027 as a pivotal phase for insurers, marked by regulatory reform, enhanced reporting standards, and sustainability-driven obligations.

Fitzpatrick's appointment is part of a broader series of leadership changes at Canopius. In December 2025, the company named three independent non-executive directors – Katherine Letsinger, Torbjörn Magnusson, and Tom Bradley – as part of a board succession plan.

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