Individuals Strikes: Patel Named Chair of Canopius Managing Brokers, Succeeding Meader; Evolin Broking Faucets Downing From Miller to Launch Development Division

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Individuals Strikes: Patel Named Chair of Canopius Managing Brokers, Succeeding Meader; Evolin Broking Faucets Downing From Miller to Launch Development Division

This version of Worldwide Individuals Strikes particulars appointments on the re/insurer Canopius Group and the dealer Evolin.

A abstract of those new hires follows right here.

Patel Named Chair of Canopius Managing Brokers, Succeeding Meader

Canopius Group, the worldwide specialty re/insurer, introduced the appointment of Hitesh Patel as the brand new chair of Canopius Managing Brokers (CMA), efficient April 1, 2025, topic to regulatory approval.

Patel can be succeeding Paul Meader, who can be stepping down after a few years of distinguished service.

Along with his new position as chairman of CMA, Patel may also function a non-executive director on the board of Canopius Group Ltd. (CGL).

CMA manages Canopius’ Lloyd’s syndicate 4444, which in 2025 grew to become the one largest syndicate within the London market, with a capability of £2.55 billion.

Patel at present is on the board of Enstar Group Ltd. and has beforehand served as a non-executive director for each Aviva Life and Aviva UK. Patel additionally at present serves as a non-executive director on the boards of Capital Dwelling Loans, Landmark Mortgages and Augusta Ventures. Patel spent a lot of his profession at KPMG, serving most lately because the agency’s insurance coverage lead companion.

Canopius additionally introduced that Giorgia Rodigari, senior managing director of Centerbridge Companions, has joined the CGL board as a consultant of Canopius’ majority shareholder, additional strengthening the enterprise’ governance and strategic oversight.

Canopius stated that Meader has made important contributions to the corporate, serving as an unbiased non-executive director of CGL and chair of CMA. Till 2012, he was head of Portfolio Administration at Canaccord Genuity, and previous to this served as CEO of Corazon Capital.

“We’re delighted to welcome Hitesh to each CMA and CGL Boards. His in depth background within the Insurance coverage business, monetary markets, funding administration in addition to his previous roles at distinguished establishments, place him completely to guide Canopius Managing Brokers into the longer term,” commented Andy Haste, chair of Canopius Group.

Haste went on to thank Meader for serving on Canopius’ boards for therefore a few years. “His experience and management have been invaluable, and we prolong our deepest gratitude for his years of devoted service.”

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Evolin Broking Faucets Miller’s Downing to Launch Development Division

Evolin Broking Ltd., the unbiased London market wholesale insurance coverage dealer, introduced the launch of its new building division, with the appointment of Steve Downing as head of building, efficient instantly.

Downing can be primarily based in London and report back to managing director, Chris Baulf.

Steve Downing

Downing can be answerable for constructing out the development providing, which can embody building all dangers, erection all dangers, builders threat, delay in start-up and third social gathering legal responsibility, complementing the prevailing building legal responsibility providing. He may also be closely centered on discovering market main expertise to assist product improvement and distribution.

Downing brings greater than three a long time of business expertise to the position. He has held quite a lot of senior positions within the sector, together with phrases as a senior vice chairman at Lockton and a director at Willis. Downing’s most up-to-date position was at Miller Insurance coverage Providers, the place he held the place of account government.

About Evolin

Rebranded from GAWS of London in 2024, Evolin is a Lloyd’s of London dealer and coverholder, which affords tailor-made wholesale insurance coverage options that cowl quite a lot of courses of enterprise together with cargo & inventory throughput, casualty, building, cyber, monetary & skilled strains, marine, product recall, property, terrorism & political violence, and specie.

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