Canopius, the global specialty and P&C re/insurer, has announced a strategic partnership with Globex Underwriting Services to enhance the placement of local marine insurance policies worldwide.
The collaboration allows Canopius to extend admitted local coverage across more than 200 countries and territories, leveraging Globex’s established global network, digital infrastructure, and international expertise. The partnership includes integrated support for compliance, tax requirements, claims handling, and premium collection, enabling Canopius to confidently serve multinational marine clients.
Neetu Varghese, Head of Marine, US at Canopius, said, “We’re thrilled to partner with a well-established global leader in multinational admitted coverage. Globex’s long-standing experience across major lines of business, including marine, and its extensive global client base, further strengthen our ability to grow our portfolio and serve our clients’ multinational risks efficiently and reliably.”
Douglas B. Fay, President of Globex International Group, added, “Globex is excited to partner with Canopius, a leader in the global specialty lines space. For over 30 years Globex has delivered best-in-class global placement services. Through our multinational experience, proprietary platform, and network of local partners, Canopius will be able to offer comprehensive and competitive global programs. We look forward to scaling their offerings worldwide.”
The partnership positions Canopius to expand its marine insurance footprint globally while providing clients with streamlined access to compliant, locally admitted coverage.
