Beazley News

People Moves: Arch Ins. Int’l Names Lockton’s Stallard as Cargo U/W; Beazley Hires van Ommeren as Financial Lines U/W; Aon Reinsurance Taps Sompo’s Shedden for Analytics

This edition of International People Moves details appointments at Arch Insurance International, Beazley, and Aon Reinsurance Solutions. A summary of these new hires follows here. Arch Insurance Int’l Names Lockton’s Stallard as Cargo U/W Arch Insurance International announced the appointment …

Markets/Coverages: Beazley, Paragon Partner on Weather Guard; Praedicat, Experian Collaborate on D&O Models; Armadillo Expands With 100 Agencies

Beazley to enter distribution partnership with Paragon for Weather Guard Specialty insurer Beazley announced a new, efficient and effective online portal solution for its leading Weather Guard product. The new robust online portal, created in partnership with Paragon, will provide …

Beazley’s Smart Tracker Syndicate 5623 Gets Lloyd’s ‘In Principle’ Approval

Beazley has been granted “in principle” approval from Lloyd’s to transition its Smart Tracker Special Purpose Arrangement (SPA) 5623 to a full syndicate with effect from the Jan. 1, 2023, subject to Lloyd’s agreement of the syndicate business plan and …

People Moves: Beazley Realigns to Bolster N.A. Commercial Property; Fusion Hires M&A VP From AXA XL; Promotions at Distinguished Programs

Beazley strengthens its North American Commercial Property offering Beazley said it restructured its large commercial property division along with its Canadian and E&S property teams to create a single North American commercial property team. Four new regional leaders have been …

Beazley’s H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth

Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility, but raised its full-year profitability guidance on an increase in cyber risk premiums. Beazley, a major cyber insurer, said it …

People Moves: Beazley Chair to Step Down; Miller Forms Farms & Estates Team With 2 Hires From Aon; AXA XL Names HDI’s White as Senior PI Underwriter

This edition of International People Moves details board changes at Beazley and appointments at Miller and AXA XL. A summary of these new hires follows here. Beazley’s Chair Roberts to Step Down Beazley plc announced that its chair, David Roberts …

Beazley: Data Exfiltration Remains Prevalent as Attack Methods Evolve

Data exfiltration, or the theft or unauthorized transfer of data from any device, is a common form of cyber crime, and specialist insurer Beazley found in a recent report that the criminals are becoming much more sophisticated. The company released …

Markets/Coverages: Beazley Starts D&O for Crypto Companies; Notion PRO New 24/7 Professional Home Monitoring

Specialist insurer Beazley said it launched CryptoGuard, a new directors & officers liability (D&O) insurance product tailored specifically for crypto companies – the first of its kind in the London and US markets. The cover is designed to address the …

Many Business Leaders Feel Unprepared for Growing Geopolitical Risks, Inflation

Many business leaders feel unprepared for growing geopolitical risks and inflation, according to a report published by Beazley. “Across the UK and U.S., fewer business leaders feel well prepared to manage geopolitical risks. Concerns about the possible consequences of war …

People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region

This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows here. Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Management Liability Beazley announced that Catherina MacCabe, focus group …