Canopius creates consolidated Natural Resources team

Canopius announced the formation of a consolidated Natural Resources team, bringing together its energy and heavy industry underwriting capabilities to align with how brokers place risks and respond to growing market demand.

The unit covers upstream, midstream, and downstream energy, as well as power and renewables, mining, metals, and chemicals. By combining technical specialists, engineers, and claims professionals, the insurer aims to support cross class underwriting, improve knowledge sharing on emerging risks, and develop tailored solutions across the insurance lifecycle.

The team will also enable broader, integrated offerings that can include sabotage and terrorism, cyber, project cargo, and casualty alongside core property and energy coverage, with a more coordinated claims approach.

“Our main goal is always to find the best and most efficient way to help our brokers deliver for their clients. With upstream, midstream, and downstream energy, as well as power and renewables, mining, metals, and chemicals being interconnected, we wanted to make sure we were best set up to reflect the fact that they often require similar expertise. With a consolidated team, we can provide a more efficient service across the whole lifecycle from risk mitigation to claims. It is a clear demonstration of our commitment to investing in our people and our proposition to meet clients’ growing and increasingly complex demands.” – Mark Houghton, Global Product Leader, Specialty at Canopius/