Sompo Canopius has added new recruits to its trade credit insurance team.

Yvonne McCormack, Claire Davenport, and Daina Muceniece will join William Clark and Scott Morrison. McCormack will join as senior underwriter, while Davenport and Muceniecce will join as underwriters. Between them the team bring over 60 years’ combined experience in trade credit and trade finance.

Clark, who will lead the team, will report to Bernie de Haldevang, global head of specialty.

Continuing its overall strategy of diversifying its business, Sompo Canopius has been targeting areas where it believes there is room to expand profitably and where it can offer additional value and variety of coverage to brokers and clients.

Commenting on the new hires, de Haldevang says: “We have expansion plans for our specialty lines and establishing an experienced team with someone of Will’s calibre as its leader is both a significant commitment and a noteworthy step. With only a few people writing this kind of trade credit business in London in a meaningful way, we believe that our offering will be immensely valuable in difficult global market conditions.”