Canopius Expands Into US Excess Casualty Market

Canopius Expands Into US Excess Casualty Market

Canopius, a global reinsurance company, has entered the domestic U.S. excess casualty market under the Canopius US insurance company paper and appointed Judi DiBattista, US head of excess, to lead the company’s expansion into the U.S. insurance sector and enhancement of its excess casualty capabilities.

According to a press release distributed to Insurance Business, Canopius will specialize in commercial risks, offering a “specific approach” to niche verticals such as construction, commercial real estate, hospitality, manufacturing and technology.

“E&S excess casualty has been one of the industry’s fastest-growing markets, and this growth has presented Canopius with an opportunity to enter and provide a specialized solution to our clients,” Laurie Banez, chief casualty officer of Canopius, said in the release.

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“Under Jude’s leadership, we’ll deliver underwriting excellence and innovative risk-based solutions for our wholesale distribution partners.”

DiBattista named to lead Canopius excess casualty push

DiBattista has more than thirty years of casualty E&S experience, having most recently served as GuideOne VP of E&S casualty. Over the past decade, he has also held senior roles at Nationwide, QBE, and Aspen.

In 2023, DiBattista was named on the Insurance Business Hot 100 list, which celebrates top insurance senior leaders.

“It’s an honor and a privilege to be part of the Canopius organization, and I am very excited about the opportunity to build this team and product offering from the ground-up,” said DiBattista. “I am also thrilled with the company’s commitment to expand into the rapidly growing excess casualty surplus lines market.

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