Canopius Group AG* announced the appointment of Scott Bailey as global head of Accident & Health, effective immediately.
Bailey will lead the development of Canopius’s global A&H strategy as part of the group’s broader ambitions for profitable growth in specialty lines. He will report to Stephen Gargrave, chief underwriting officer, Canopius Managing Agents Limited.
With over 20 years’ industry experience and specialist knowledge of UK and international A&H, Bailey joins from Zurich, where he was most recently global chief underwriting officer, A&H.
He began his insurance career as A&H underwriter at American International Underwriters, before moving to CIGNA as chief underwriting officer, A&H. In 1999 he became head of A&H at Independent Insurance Company before joining Chubb with a number of his team in 2001 to become head of A&H UK Ireland and Northern Europe. In 2007 Bailey joined Zurich, where he was initially head of A&H Global Corporate UK, before being promoted to global chief underwriting officer, A&H, in 2010.
Gavin Watson and Kieran Morrin will continue as head of International A&H and head of UK A&H, respectively. They will work closely with Bailey to ensure a coordinated and consistent approach to this class across the group, Canopius said.
Steve Gargrave commented: “It is a pleasure to welcome Scott as Global Head of A&H. His extensive experience of the sector will be invaluable as we seek new opportunities to grow the business globally. His insights will enable us to harness the potential of the Canopius and Sompo brands as we develop our presence in this specialist market.”
* Canopius is the global specialty lines platform of Sompo Japan Nipponkoa Insurance Inc., one of the top three Japanese insurers with a market share in Japan of 28 percent. It underwrites through Lloyd’s Syndicates 4444 and 958.
Source: Canopius Group
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