Latest Beazley Headlines
All the headlines from our Beazley Topic Page, ordered by recency.
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...
Jones Joins Beazley Board
Apr 19 2006 // The U.K.-based Beazley Group announced that MarshMac veteran Dan Jones has been appointed as an independent non-executive Director to the Beazley Group Board, to take effect July 1. He will retire from Marsh in June. Jones...
Britt Paulk Expands with Marine Cargo Coverage Through Beazley USA
Mar 24 2006 // Carrollton, Ga.-based Britt Paulk Insurance Agency Inc. has teamed up with Beazley USA, an admitted “A-” rated company, to provide Ocean Marine Cargo coverage focused on writing risk for small and mid-sized...
Beazley Commercial Property Team Expands In U.S.
Mar 20 2006 // Beazley announced it has hired two senior underwriters to assist with the company’s U.S. operations mid market commercial property business a focus. Todd Hanes joins Beazley as the West Coast regional underwriting...
Beazley Unveils Wage and Hour Coverage as Extension to EPL
Feb 15 2006 // Specialty lines insurer Beazley reported the availability of coverage for wage and hour claims as an extension of its employment practices liability (EPL) coverage. The wage and hour coverage is available and separately...
Lewis Joins Beazley to Establish U.S. Transport Underwriting Practice
Oct 5 2005 // Beazley Group plc announced that Orville Lewis is joining the company to establish a new underwriting practice focusing on U.S. transportation risks. Lewis brings to Beazley extensive experience of underwriting...
Beazley Offers Employment Practices Liability for Mid-Sized Firms
Sep 21 2005 // Beazley, an insurer of specialty coverages, is offering an employment practices liability (EPL) policy to U.S. clients with up to 10,000 employees. The new policy will be offered in the admitted market and underwritten in...
Beazley’s New U.S. Company Assigned
Aug 8 2005 // A.M. Best Co. assigned a financial strength rating of “A-” (excellent) and an issuer credit rating of “a-” to Beazley Insurance Company Inc. of Omaha, Neb., a newly formed U.S. insurer that is part...
American Re Under Review
Aug 8 2005 // A.M. Best Co. placed the financial strength ratings of “A” (excellent) for American Re Corporation Group’s member companies under review with negative implications. Member companies include American...
Beazley’s New U.S. Insurance Company Earns Best’s Rating of A-
Jul 14 2005 // A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” to Beazley Insurance Company, Inc. (BICI) (Omaha, NE), a newly formed U.S. insurer that is part of...
The British Are Coming! No – They’re Already Here
Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...
Sullivan Joins Beazley USA for Specialty E&O
May 10 2005 // Beazley USA, a subsidiary of the U.K.-based Beazley Group, plc, a leading Lloyd’s underwriter, announced that Jerry Sullivan is joining the company as the E&O Product Leader within Specialty Lines. He will be...
Beazley Opens Up Shop in U.S. for Specialty Lines
Mar 2 2005 // London-based Beazley has started underwriting specialty lines business locally in the U.S. on behalf of its syndicates at Lloyd’s. The opening of its office in Farmington, Conn. is part of Beazley’s plans to...
Best Affirms Lloyd’s Syndicates 623 and 2623 Ratings; Beazley Group Ratings
Dec 17 2004 // A.M. Best Co. announced that it has affirmed its Syndicate Rating of “A “(Excellent) and the issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 623 and Lloyd’s Syndicate 2623, which...
Omaha P&C Under Review
Nov 22 2004 // A.M. Best Co. placed the financial strength rating “A-” (excellent) of Omaha Property and Casualty Insurance Co. (OPAC) under review with developing implications. The under review status reflects the...
Best Assigns Debt and ICR Ratings to U.K.’s Beazley
Nov 9 2004 // A.M. Best Co. announced that it has assigned a rating of “bbb-” to the forthcoming $18 million of floating rate subordinated notes due 2034 to be issued by the U.K.’s Beazley Group Plc., the non-operating...
Best Places Omaha P&C Under Review
Nov 5 2004 // A.M. Best Co. announced that it has placed the financial strength rating of “A-” (Excellent) of Omaha Property and Casualty Insurance Company (OPAC) (Omaha, Neb) under review with developing...
U.K.’s Beazley to Raise $190 Million to Fund Omaha Insurance Acquisition
Nov 2 2004 // Lloyd’s insurer Beazley Furlonge Ltd. announced that it plans to raise £105 million ($191 million) through a rights issue, to both strengthen its capital position, and to fund the acquisition of Omaha Insurance...
Hospitality Coverages: Insuring a Safe Visit for Tourists and Owners Alike
Jul 30 2001 // Spending a night at a hotel or motel can seem like a simple thing to do for the tourist or business traveler, but who makes sure that guests will stay in a secure environment? That’s up to the hotel operators, but...
Beazley Syndicate Completes Management Buyout
Apr 3 2001 // Beazley, one of Lloyd’s leading syndicates, has completed a management buyout. “Under the new structure, the directors and staff will own 100% of the Managing Agency and Syndicate 623’s capacity will...
