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Canopius will underwrite Castle Insurance home policies from Dec 1, 2026
The shift replaces QBE Insurance Australia as underwriter effective December 1, 2026, and comes with updated product disclosure statements and underwriting guidelines taking effect the same day.
Canopius will become the underwriter for Castle Insurance home and contents policies, replacing QBE Insurance Australia effective December 1, 2026, according to Coverager.
The transition is supported by Canopius’ Lloyd’s Syndicate 4444. Castle will continue to manage policy administration and claims, using its internal loss adjusters and team members across Australia.
As part of the handover, Castle updated its product disclosure statements and underwriting guidelines following broker feedback, with expanded features and benefits taking effect December 1.
Castle Insurance, which has operated for about 12 months and sells through brokers, said the partnership with Canopius is intended to create growth opportunities, while noting the companies share a focus on long-term partnerships and specialized risk selection.