Specialty re/insurer Canopius Group has confirmed the promotion of Ben Pinnington to head of marine and energy treaty, effective July 7.
The company has also appointed Imogen Wright as underwriter for the marine & energy treaty division, with her role beginning Oct. 13.
Pinnington joined the insurance sector in 2018 as an underwriting assistant in the political risk team at AmTrust Syndicate 1861. He transitioned into treaty reinsurance after Canopius acquired the syndicate and became an underwriter in the marine & energy treaty business in 2021. In late 2023, he completed a secondment in Bermuda, gaining exposure to international markets.
Wright will join Canopius from Guy Carpenter, where she served as a vice president for more than three years. Her prior roles include five years in marine underwriting at Ascot Group and a subsequent position as reinsurance broker at Miller Insurance Services LLP beginning in 2019. Her background includes experience in broking, underwriting, and operational roles.
Canopius also confirmed that Claire Wallace will be departing the business. The company acknowledged her contributions to the marine and energy treaty portfolio.
“We are deeply committed to recognizing and nurturing talent from within, and Ben’s appointment is a clear example of that. At the same time, we continue to build on our strengths by bringing in high-calibre individuals like Imogen. Together, they represent the depth and breadth of expertise that defines our Marine & Energy Treaty team,” Canopius Reinsurance CEO Charles Cooper said.
The changes within the marine & energy treaty team align with broader developments across Canopius’s marine platform. In May, the company appointed Neetu Varghese as head of marine for the US, adding further leadership capacity to its North American operations.
The company’s expansion efforts have also been supported by its shareholders. In June, Samsung Fire & Marine Insurance increased its equity stake in Canopius to 40%. The additional investment extended an existing strategic relationship between the two insurers. Samsung originally acquired a significant interest in Canopius in 2018.
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