Latest Beazley Headlines
All the headlines from our Beazley Topic Page, ordered by recency.
Beazley Posts Strong Growth; Pretax 2012 Profits $251.2 Million
Feb 8 2013 // Beazley plc announced strong growth for the year 2012. Highlights of its recently released earnings report include the following: •Profit before income tax of $251.2 million (compared to $62.7 million in 2011) •Return...
Beazley Launches Enhanced Computer Crime Policy
Feb 5 2013 // Beazley plc has launched new computer crime and account takeover coverages for financial institutions. The enhanced computer crime policy is designed for the continually evolving services and applications that financial...
Beazley Launches Environmental Cleanup Costs Insurance
Jan 23 2013 // Beazley plc has expanded its environmental products offering with the launch of an environmental cleanup costs insurance policy that provides coverage for cost overruns for remediation of known conditions at covered...
Beazley Adds Sfikas to Management Liability Team in Chicago
Dec 19 2012 // Pamela Sfikas, an experienced management liability underwriter, has joined Beazley in Chicago. Sfikas will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the United...
Latest Sandy-Loss Estimates From Axis Capital, Platinum, Beazley
Dec 18 2012 // Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around $300 million — net of tax and estimated recoveries from reinsurance and including estimated...
AmWINS to Offer Network Security Privacy Liability Program for Hospitals
Nov 20 2012 // AmWINS Brokerage of the Carolinas, through its partnership with Premier Insurance Management Services Inc. (PIMS) and Beazley plc, is now offering a data privacy and network security insurance product for hospitals. The...
Beazley to Underwrite Contingency Business in U.S. in 2013
Nov 16 2012 // Beazley, an insurer of event cancellation and other forms of contingency business at Lloyd’s, will begin underwriting contingency business locally in the United States at the beginning of 2013. The focus will be...
US Brokers’ Employees Attend London’s Beazley Broker Academy at Lloyd’s
Sep 17 2012 // A bulletin from Lloyd’s notes that “high potential employees from US broking firms will spend the coming week in London, standing in the shoes of the Lloyd’s underwriter and gaining a detailed...
Beazley Enhances Suite of Data Breach Products for Businesses
Aug 31 2012 // Beazley has unveiled major enhancements to its Beazley Breach Response (BBR) product. Launched over three years ago, BBR includes a separate limit of coverage for breach response services, and Beazley recently announced...
Beazley Forms Data Breach Response Business Unit
Aug 20 2012 // Beazley has established BBR Services, a new business unit dedicated to helping clients that have suffered a data breach manage the consequences. Data breaches involving the theft or loss of personally identifiable customer...
Earnings Report: Beazley Group
Jul 20 2012 // Selected earnings highlights from Dublin-based Beazley Group for the first six months of 2012 are as follows: 1st Half 2012 1st Half 2011 Gross premiums written ———— $1.0131 bn $924.8 mn Net...
Evolution Underwriting in Deal with Beazley to Develop PI Business in UK
May 14 2012 // “Broker only” commercial underwriting specialist Evolution Underwriting announced that it has “entered into an exclusive underwriting and distribution partnership with the Beazley Group. Under the terms...
Beazley Launches Healthcare Regulatory E&O Policy
Mar 26 2012 // Beazley Group has introduced a new healthcare regulatory liability policy to protect policyholders against errors & omissions claims brought by or on behalf of governmental entities. Uniquely, the policy also responds...
Beazley Adds Lamberg to Private Enterprise Underwriting Team
Mar 6 2012 // Beazley Group has appointed Sarah Lamberg to the U.S. Private Enterprise underwriting team, strengthening its commitment to small businesses in the technology industry. She is based in Chicago. Lamberg joins Beazley with...
Beazley Simplifies D&O Purchases for U.S. Multinational Companies
Feb 8 2012 // Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract. The single policy will protect directors and...
Best Affirms Ratings of Beazley Insurance Company, Inc.
Dec 22 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), which is based in Farmington, Conn. The outlook...
Best Affirms Beazley and Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings
Dec 21 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s...
Beazley Confirms Interest in Acquiring Hardy Underwriting
Dec 21 2011 // In a brief statement, issued by its office in Dublin, Beazley plc confirmed that it is to undertake a strategic review of the business of Hardy Underwriting Bermuda Limited. The statement followed the announcement by the...
Beazley Selected by CalSurance as Information and Privacy Liability Insurer
Nov 9 2011 // Orange, Calif.-based CalSurance Associates, a division of Brown & Brown of California Inc. has named Beazley, an insurer of data privacy and network security risks, as a preferred information privacy and security...
