’The demand for comprehensive cover has never been greater,’ says headCanopius Group has launched a new investment management product for asset managers, a statement released yesterday (17 January 2024) said. The product offers cover for directors and officers liability, civil liability and financial crime. Canopius said it was launching the product in response to shifts in the risk landscape in the asset management sector. “As the asset management industry continues to navigate an increasingly challenging regulatory landscape, the demand for comprehensive cover has never been greater,” Matthew Carr, head of finpro at Canopius, said. “Supported by a market-leading claims team, this new offering will pave the way for the expansion of our market share in the asset management sector.”

Source: The Times January 18, 2024 20:35 UTC