Chicago, IL (Feb. 20, 2026) – Canopius, a leading global specialty and P&C (re)insurer, is pleased to announce a partnership between Canopius US Marine and Globex Underwriting Services to provide placement of local marine policies globally.
The partnership enables Canopius to extend admitted local coverage to more than 200 countries and territories worldwide, supported by Globex Underwriting Services’ established global network, digital infrastructure, and deep international expertise. With built-in support for compliance, tax requirements, claims handling, and premium collection, Canopius gains the ability to quickly and confidently become a multinational marine coverage market.
“We’re thrilled to partner with a well-established global leader in multinational admitted coverage,” said Neetu Varghese, Head of Marine (US) at Canopius. “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.”
“Globex is excited to partner with Canopius, a leader in the global specialty lines space,” said Douglas B. Fay, President of Globex International Group. “For over 30 years Globex has been a leader in delivering best-in-class global placement services. Through a combination of our multinational experience, our proprietary platform, and a network of well-established local partners, Canopius will be able to deliver comprehensive and competitive global programs. We look forward to working with Canopius to scale their program offerings worldwide.”
Canopius offers a comprehensive suite of marine insurance policies including Cargo Insurance, Hull & Machinery Insurance, Marine Liability Insurance, and Marine War Risk Insurance. The partnership between Canopius US Marine and Globex Underwriting Services marks the latest milestone in the company’s strategic expansion in the US Marine insurance market, and reaffirms its commitment to providing innovative, reliable, and comprehensive solutions that meet the complex needs of Canopius’ marine clients around the globe.
About Canopius
Canopius is a leading global specialty and P&C (re)insurer with offices located in Australia, Bermuda, Singapore, the UK and the US. It underwrites through Lloyd’s Syndicate 4444 (managed by Canopius Managing Agents Limited), a US surplus lines insurer, Canopius US Insurance, Inc (CUSI) and Canopius Reinsurance Ltd, a Bermuda based Class 4 Reinsurer. For more information, visit www.canopius.com.
SOURCE: Canopius
Tags: Canopius, marine market, partnership
