An insurance company plans to launch a new technology and data hub in Manchester city centre.


Canopius Group (Canopius), a global speciality (re)insurer, is set to open the Canopius Tech & Data Hub at WeWork, St Peter’s Square.


The letting, which was brokered by global real estate adviser Colliers, will ensure that the brand can continue its momentum in providing the best possible technology and data services while improving its presence in Greater Manchester and the North West.


The Hub will begin operating in early 2023. It will also support Canopius’ strategic goals to become a “future-focused” business prioritising innovation. The North West regional establishment will result in the creation of up to 65 by the end of 2024 and this will include several new technology-focused roles at Canopius.


Patrick Kennedy, associate director for UK regional flexible workspace at Colliers, said: “Manchester is the second largest UK centre for financial services and is home to many talented data and technology professionals, making it the ideal location to launch Canopius’ Tech & Data Hub.


“WeWork’s offering will create the perfect home in terms of quality of the working environment and additional amenities both on-site and within the nearby vicinity, whilst supporting the software brand’s growth plans.”


Kate Roy, group chief operating officer at Canopius, said: “Canopius has been making significant strides within the technology and data field over the past few years, and the creation of the Hub is the latest example of our investment in our digital capabilities.


“The establishment of this new location aligns with Canopius’ recent commitment to focus on technology and data and to make it a central part of our offering. I am very much looking forward to the opening of the Hub and being able to work collaboratively with the team in Manchester.”


Insurance Company Canopius