Latest Beazley Headlines
All the headlines from our Beazley Topic Page, ordered by recency.
Beazley Reports Industry Data Breaches Up 60% in 2015
Mar 8 2016 // A leading data breach response insurer says its breach response unit handled 60 percent more data breaches in 2015 than in 2014 in the U.S., with a concentration of incidents in the healthcare, financial services and...
A.M. Best Affirms Ratings of Beazley’s Lloyd’s Syndicates & US Insurer
Mar 4 2016 // A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings of “a+” of Beazley’s Lloyd’s Syndicates Syndicates 2623, 623, 3623 and 3622. The outlook for all...
3 New Members Elected to the Council of Lloyd’s
Feb 9 2016 // Lloyd’s have confirmed the election of three new members to the Council of Lloyd’s. Julian James and Neil Maidment were elected following a vote of working members of the Society of Lloyd’s and will serve...
Beazley’s ROE of 19% Will Be ‘Difficult’ to Sustain in Current Market: CEO Horton
Feb 4 2016 // Beazley Plc Chief Executive Officer Andrew Horton said the company’s return on equity of 19 percent in 2015 isn’t sustainable against a backdrop of increased competition and falling insurance...
Beazley’s Chief Underwriting Officer, Maidment, Elected to Council of Lloyd’s
Jan 8 2016 // Neil Maidment, Beazley’s chief underwriting officer, has been elected to the Council of Lloyd’s for a three year term, beginning on Feb. 1. Maidment has worked in the Lloyd’s market for 31 years,...
Beazley Launches Breach Response Services for Non-U.S. Policyholders
Dec 9 2015 // Beazley has introduced a suite of breach preparedness services tailored to the needs of policyholders outside the U.S. The insurer has partnered with privacy specialist lawyers DAC Beachcroft; IT security specialists CGI...
Beazley Offers ‘Weather Guard’ in Australia for Weather-Related Revenue Losses
Nov 18 2015 // Specialist insurer Beazley launched in Australia “Weather Guard,” an insurance policy to protect Australian businesses from weather-related revenue shortfalls. Weather Guard covers weather-related perils that...
Beazley, Aspen and Brit Launch ‘International Cyber Consortium’ at Lloyd’s
Sep 21 2015 // Beazley has joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium. The consortium will focus on providing robust data breach cover to businesses...
Beazley Appoints Froese as Head of Aviation, Effective May 2016
Sep 18 2015 // Specialist insurer Beazley, headquartered in London, announced the appointment of Dirk Froese as head of aviation from May 2016 to coincide with the planned retirement of the current leader, David Oates. Froese joined...
Amlin Deal Puts M&A Spotlight on 4 Remaining Publicly Traded Lloyd’s Insurers
Sep 9 2015 // Amlin Plc’s $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd’s of London insurers in the spotlight for a possible takeover. Beazley Plc, Hiscox Ltd., Lancashire...
Beazley CEO Calls on Lloyd’s to Overhaul Data Systems
Jul 24 2015 // Beazley Plc CEO Andrew Horton called on Lloyd’s of London to overhaul the way it manages trade information to make the world’s oldest insurance market more efficient and globally competitive. “The...
Beazley First-Half Profit Rises 16%, Led by U.S. Premium Growth
Jul 24 2015 // Beazley plc, the first Lloyd’s of London insurer to report earnings, had a 16 percent increase in first-half profit, helped by growth in its U.S. business. Pretax profit rose to $154.5 million from $132.9 million a...
Beazley Launches New Insurance Product for Australian Expat Workers
Jul 23 2015 // Specialist insurer Beazley has launched Expatriate Medical and Emergency Evacuation, a new tailored insurance solution for Australian employees who live and work overseas. The product combines elements of both health and...
Beazley Launches Business Travel Insurance in Australia
Jul 2 2015 // Specialist insurer Beazley has launched its first international business travel insurance product in the Australian market. Beazley Corporate Travel Insurance will be offered to Australian brokers and coverholders. Beazley...
Beazley Hires Kontonotas as Crime & Fidelity Underwriter in New York
Jun 26 2015 // Michael Kontonotas Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas...
Beazley Introduces Fraudulent Instruction Insurance
Jun 25 2015 // Beazley has introduced fraudulent instruction insurance, a new coverage to address losses from the transfer of funds as a result of fraudulent instructions from a person purporting to be a vendor, client or authorized...
Little and Regilio Join Beasley’s U.S. Private Enterprise Team on West Coast
Jun 8 2015 // Beazley has named Nicholas Little and Timothy Regilio to the company’s private enterprise team, which focuses on the professional liability needs of small businesses. Both Little and Regilio will be based in San...
Beazley Launches Risk Management Website for Breach Response Policyholders
May 22 2015 // Beazley has launched of a new risk management website for Beazley Breach Response (BBR) policyholders. The site offers tools and resources to help insureds prepare for and respond to a data breach and minimize reputational...
People – Southeast
May 18 2015 // Atlanta-based Crawford & Company, a provider of claims management programs, has announced that Ken Forsyth will be joining Crawford Global Technical Services (GTS) as managing director Aviation – the Americas,...
Beazley Launches Enhanced Management, Cyber Liability Policy for Law Firms
May 14 2015 // Beazley has launched “Beazley Practice Protect,” an enhanced management liability policy for law firms, designed to confront a rapidly evolving market for counsel and legal services. Beazley Practice Protect...
