Canopius taps former Axa XL exec as deputy group CEO

Canopius Group has named former Axa XL executive Neil Robertson deputy group CEO, effective May 4, and announced plans for him to succeed Michael Watson as group CEO.

The London-based specialty insurer said that “after a suitable transition period it is intended that Neil will assume the role of group CEO with Michael Watson continuing as chairman.”

Mr. Robertson was most recently CEO of global specialty for Axa XL, a unit of Axa SA. He will be based in London.

Mr. Watson said in the statement  “This is the right time … to start planning for the next generation of leadership at Canopius.”