Latest Beazley Headlines
All the headlines from our Beazley Topic Page, ordered by recency.
Beazley’s New UK D&O Program
Apr 10 2008 // The UK’s Beazley Group plc has introduced “Beazley Armour,” which it describes as a “Side A policy form designed to provide exceptional protection for directors and officers and, on an excess basis,...
Ratings Recap: Hingham, Beazley (US), Kanawha, Genworth Mortgage
Nov 6 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from B++ (Good) and assigned issuer credit ratings (ICR) of “bbb-” to The Hingham Group and its members –...
Ratings Roundup: Atrium; Hardy; Beazley; Amlin; Cathedral; RIMAC
May 25 2007 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of Atrium Underwriting plc, the non-operating holding company of Atrium Underwriters Limited (AUL). Best also revised the outlook to positive...
Beazley Acquires Health Care Specialist Sapphire Blue
Mar 13 2007 // Beazley Group has agreed to acquire Sapphire Blue, an agency specializing in professional liability insurance for U.S. health care institutions, particularly long term care facilities. The transaction significantly...
Beazley Bolsters Political Risk Team
Dec 19 2006 // The UK’s Beazley Group plc announced that Peter Jenkins and Marc Werblow have joined its political risks underwriting team. “Their appointment demonstrates Beazley’s commitment to grow the business...
Best Affirms Beazley’s Lloyd’s Syndicate 2623 & 623 Ratings
Dec 8 2006 // A.M. Best Co. has affirmed its Syndicate Ratings of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623 and Lloyd’s Syndicate 623, managed by the...
Beazley Names New Senior Underwriter of Central Region Based Chicago
Nov 17 2006 // Beazley Group plc announced that to strengthen its U.S. commercial property team ahead of its launch in the admitted market the company has hired Neil Brown as the senior underwriter for its central region, based in...
Beazley Opens Singapore Office
Nov 13 2006 // Beazley Group plc has expanded its Engineering and Construction team with the opening of a new office in Singapore and the appointment of Byran Lee Guan Leong and Wong Jyh Lih. They will be based in Singapore, writing...
Beazley Adds to Claims Team in N.Y.
Oct 30 2006 // Beazley, an insurer of specialty lines risks, has expanded its global specialty lines claims team with the addition of four professionals in the company’s newly opened New York office. Prior to joining Beazley, Peter...
Best Rates Beazley Debt ‘bbb-‘
Oct 25 2006 // A.M. Best Co. has assigned a rating of “bbb-” to the £150 million ($281.4 million) subordinated bonds issued by the U.K.-based Beazley Group plc, the non-operating holding company of the Beazley group of...
Beazley Expands Proprietary Risk Management Platform
Sep 28 2006 // Connecticut-based Specialty lines insurer Beazley announced that it is expanding BeazleySource, its proprietary risk management platform, to include information and advice for fiduciaries and administrators of employee...
People and Places
Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...
People
Sep 25 2006 // Miami insurance agent Alex Soto has been inaugurated as the new president of the Independent Insurance Agents & Brokers of America (the Big “I”), with Robert E. Fulwider and C. Brett Nilsson assuming the...
Hamilton Joins Beazley Board
Sep 12 2006 // The U.K.-based Beazley Group plc has announced the appointment of Gordon Hamilton as an independent, non-executive director, with effect from 8th September 2006. He will also join Beazley’s audit and remuneration...
Morrello Joins Beazley’s U.S. Mid-Market Commercial Property Team
Sep 7 2006 // Joseph Morrello has been hired as Beazley Group plc’s U.S. Eastern region underwriting manager, mid-market commercial property, covering the east coast from Maine to Florida. Beazley has been underwriting U.S....
Beazley Launches Lloyd’s Facility for U.S. Commercial Property Cat Risks
Sep 6 2006 // The London-based Beazley Group plc, a leading Lloyd’s insurer, has created a facility in the Lloyd’s market for catastrophe – exposed U.S. commercial property risks. Beazley said its “Quincat...
Beazley Posts $54 Million 1H Profit
Aug 31 2006 // The U.K.-based Beazley Group plc posted slightly lower pre-tax profits for the six months ended 30 June 2006 of £28.3 million ($54 million), compared to £35.2 million ($67 million) for the same period of 2005. However,...
Business Moves
Jul 24 2006 // Starr Aviation Agency, Chubb Starr Aviation Agency Inc., a wholly-owned specialty subsidiary of C.V. Starr & Co. Inc. and The Chubb Corp. entered into an underwriting agreement under which Chubb will provide hull and...
Beazley Buys Out Asia Pacific Underwriting Agency
Jun 15 2006 // Beazley Group plc has increased its stake to 100 percent in Asia Pacific Underwriting Agency Limited (APUA), a Hong Kong based insurance underwriting agency, that sources business throughout Asia from insurance...
Harnessing technology in the London insurance market
May 22 2006 // Kinnect is dead! Long live Kinnect! Although Lloyd’s long troubled IT project was consigned to the flames last January (See IJ Website Jan. 24), a number of IT phoenix have risen from its ashes. “I think 2006...
