Canopius has named Sean Redden as underwriting counsel for its specialty division.
Redden joins Canopius from Chubb Insurance where he was global political risk and credit claims manager, supporting a worldwide credit and political risk underwriting team. Prior to this, he was legal and claims counsel for Aspen Insurance UK.
Based in London Redden will report to Canopius head of specialty, Bernie de Haldevang, and support Canopius’ specialty underwriting team, specifically focussing on credit and political risk.
In his new role, Redden will help reduce operational risk, increase efficiency and enhance client support in loss mitigation and potential claims scenarios. He will further assist in managing the legal aspects of debt restructuring and refinancing.
De Haldevang said: “Canopius is committed to offering a first class and comprehensive underwriting service to our clients and brokers, and Sean will play a vital role in delivering on that promise. Attracting an industry leader with a career as impressive as Sean’s is testament to the organisation we are building at Canopius and I am looking forward to working closely with him again.”