Industry veteran and Canopius group CUO Duffy to retire next year

Global specialty re/insurer  Canopius Group’s group chief underwriting officer Mike Duffy (pictured) is set to retire next year after 16+ years at the company and more than 40-year insurance career.

Duffy has held numerous roles in the London market and also worked abroad, most notably in New York. He joined  Canopius in January 2006 as head of D&F property, progressing throughout his tenure to serve as chief executive officer of  Canopius Managing Agents, before he  became Group CUO in 2018.

Duffy will remain at  Canopius for the next 12 months to oversee an orderly transition to his successor – to be announced in due course – and will leave in May 2023.

Neil Robertson, group chief executive officer,  Canopius Group said: “Mike has had a hugely significant impact on  Canopius during his time, helping to shape the thriving company it is today. He has also mentored and supported the careers of many underwriters in our market.

“On behalf of our leadership team and all at  Canopius, I would like to express our huge thanks for his many efforts and continuing contributions, and we shall reserve our fond farewells for next year.”

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