Canopius Group has today completed the merger of AmTrust at Lloyd’s.

The firm said that the deal will provide it with “significant additional underwriting expertise and a broader product offering”.

Canopius chairman, Michael Watson said: “I am delighted to announce the completion of this very important development for Canopius, which is transformational in our determination to build a leading Lloyd’s franchise.

“The key to our success lies in the quality of our people and I welcome our talented new colleagues from AmTrust at Lloyd’s,” he added. “Together we will strengthen the product and service proposition we offer our highly valued clients and distribution partners. I look forward with great optimism to this exciting next stage in the development of Canopius.”

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