Re/insurer Canopius has announced that Andy Haste will take up the post of group chairman on 1st July this year. He will take over the role from Michael Watson, who will stand down but continue to support Canopius in an advisory capacity.

Neil Robertson, group CEO of Canopius, said: “Andy will bring independence, gravitas, and a breadth of experience to our board that will help shape the next chapter of the Canopius journey.”

He added: “We also express heartfelt thanks to Michael, who has been instrumental in building Canopius over the past two decades and has skilfully steered our board for the last two years since I assumed the role of CEO.”