Kirk to replace retiring Canopius founder member Chris Head

Lloyd’s (re)insurer Canopius has named Nick Kirk as head of its financial institutions (FI) business.

Kirk has underwritten FI business at Canopius since 1994.

He replaces Chris Head, who is retiring at the end of July after 40 years in the FI market. He underwrote FI for Canopius and its predecessor firms for 18 years and was one of the founder members of Canopius.

Canopius global specialty chief executive Stephen Gargrave said: “Nick’s promotion to head of financial institutions is well deserved and I look forward to working with him to build on this team’s solid franchise.”

He added: “On behalf of the group, I thank Chris for his significant contribution to Canopius since its formation and wish him all the best in his retirement.”