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Canopius names Ott as head of continental European reinsurance

May 24, 2018

Canopius has appointed former Emirates Re executive Stephan Ott as head of continental European reinsurance.

Ott joins the Lloyd’s carrier from Emirates Re, where he most recently served as chief underwriting officer (CUO) for nearly three years, having joined the reinsurer in 2014. Before that, he held various senior underwriting positions at the likes of Al Fajer Re in the Middle East and Sirius in Germany.

Commenting on the hire, Canopius’ reinsurance CUO Jamie Wakeling said: “Stephan is a highly experienced, analytical and forward-thinking industry professional and we are delighted he is joining the team.

“His proven track record of providing ideas and solutions to insurers and reinsurers and his long-standing client relationships make Stephan the ideal person to drive our business forward in Continental Europe.”

Canopius has made a number of senior executive appointments since it completed its $952mn buyout from Sompo in March, including the hire of former Brit COO Nigel Meyer as group CFO and technology specialist Laurie Davison as group COO.

Meanwhile, the (re)insurer also appointed Mike Duffy as chief executive of Canopius Managing Agents (CMA), the group's main regulated entity, alongside his current responsibilities as group CUO. In addition, group deputy CEO Sarah Willmont was named CUO of CMA and active underwriter of Syndicate 4444.