Canopius, a global specialty and P&C re/insurer, announced that Canopius US Marine and Globex Underwriting Services have formed a partnership to provide local marine policy underwriting services globally.
Globex Underwriting Services, a division of Globex International Group, is an independent service provider supporting the international needs of insurance companies.
Through this partnership, Canopius will expand recognized local coverage to more than 200 countries and territories around the world, supported by Globex Underwriting Services’ established global network, digital infrastructure and international expertise.
With comprehensive support for compliance, tax requirements, claims processing and premium collection, Canopius can quickly and confidently become a global marine insurance marketplace.
Neetu Varghese, Head of U.S. Maritime at Canopius, said: “We are excited to partner with a global leader with an established reputation in cross-border underwriting. Globex’s long-standing experience in key business areas, including maritime, and its broad global client base further enhances our ability to expand our portfolio and serve our clients’ cross-border risks efficiently and reliably.”
Douglas B. Fay, President of Globex International Group, added: “Globex is pleased to partner with Canopius, a leader in global specialty product lines. For more than 30 years, Globex has been a leader in delivering best-in-class global placement services. By combining our multinational experience, our proprietary platform and a well-established network of local partners, Canopius will be able to offer comprehensive and competitive global programs. We look forward to working with Canopius to expand their program offerings around the world.”
