Global Specialty (re)insurer Canopius has announced the appointment of Crispin Hodges as head of trade political risk, effective 28 October 2019.
Based in London Hodges will report to Bernie de Haldevang, head of credit, political & crisis.
Hodges new role will be to run this unit independently within the Credit, Political & Crisis segment, both defending and developing the existing book in a standalone team.
He brings more than 20 years of global industry experience to the role and joins most recently from Beazley where he held the role of international business producer.
In a recent press release, Canopius states that Trade Political Risk is a newly created Profit & Loss unit which sits alongside the existing P&Ls within the Credit, Political & Crisis division of Excess of Loss Trade Credit, Credit & Political Risk & Crisis Management. It comprises the syndicate 1861 political risk book that was formerly managed by AmTrust at Lloyd’s.
Bernie said: “Alongside Crispin’s specific experience in the contract frustration and political risk class and profitable underwriting track record, he has many contacts globally, having worked in London and Paris, and in regional hubs such as Singapore and Dubai. He is ideally suited to develop this part of our credit and political risk book. His hiring is indicative of our continued ability to attract top-tier industry talent as well as our enduring commitment to grow this part of our business and provide the broadest offering to our clients and brokers. I look forward to welcoming him to the team and to realising our strategic ambitions.”