Canopius taps WTW for head of sustainability

Canopius Group has appointed Adhiraj Maitra as group head of Sustainability, effective immediately.  

Reporting to Lindsay Astor, chief of staff and head of Strategic Development, Maitra will be responsible for Canopius Group’s ESG position worldwide.

This will involve developing a cohesive ESG strategy to meet regulatory requirements, including a forward-looking responsible underwriting policy, a sustainable investment approach and a strategy to further develop a positive and inclusive culture. 

He joins Canopius from WTW where he was the global head of ESG and Climate Change, for the insurance consulting business. Before that, he spent six years at Lloyd’s heading up the Syndicate Capital team.

Astor said: “Adhiraj’s experience in helping insurance companies create ESG propositions and drive strategic and innovative solutions to ensure a successful climate transition will provide immense value to Canopius as we build out a robust and effective ESG strategy.

Maitra added: “We are at a crucial juncture, where understanding the impact of the uncertainties around ESG and acting on it is it becoming a strategic and commercial priority for insurance companies. While there are many challenges faced by the industry, there are many opportunities as well.

“Innovation and collaboration across organisations and looking beyond a one-year horizon are some of the key factors that lead to commercial success and improved resilience.”