Canopius launches algorithmic underwriting MGA after years of development
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Canopius launches algorithmic underwriting MGA after years of development

Jim Robinson
07 June 2021
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OLD DONT USE OLD

Specialty (re)insurer Canopius Group has become the latest large Lloyd’s player to double down on algorithms with the launch its Vave vehicle as an MGA.

Vave is the product of around three years' in-house development and has quoted on more than 1.2 million risks since it began trading in May 2019, representing $2.2bn

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News MGAs/MGUs Canopius Hurricane
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Jim Robinson
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