Insurer Beazley Raises $300M to Strengthen Balance Sheet on COVID-19 Uncertainties May 19, 2020 By L.S. Howard Beazley, the Lloyd’s specialist insurer, announced it raised £247 million (approximately $300 million) in capital via an equity placement designed...
Beazley Expands M&A Insurance Team with 5 New Underwriters, Geographies April 29, 2020 Specialist insurer Beazley has expanded its mergers & acquisitions (M&A) team with new locations and the appointment of five new...
Beazley Hires Underwriting Team to Build Product Recall Insurance Offering April 28, 2020 Specialist insurer Beazley is introducing a new product recall insurance policy for private enterprises in the U.S., with a planned...
Beazley Gets Approval to Launch Malaysia Company to Build Asia Pacific Distribution April 21, 2020 Specialist insurer Beazley has extended its distribution capabilities in Asia Pacific following the authorization by the Labuan financial regulator of...
Beazley Appoints Greenwood as Head of Cyber & Executive Risk, Succeeding Donovan April 16, 2020 Specialist insurer Beazley has appointed Bethany Greenwood as global head of cyber & executive risk (CyEx) from July 2020. She...
Olympics’ Postponement Likely to Cost Insurers Much Less than Cancellation March 25, 2020 By Carolyn Cohn and Noor Zainab Hussain Delaying the Olympics is likely to cost insurers much less than canceling the Tokyo Games altogether, with a chance that...
Beazley Adds SME Cyber Product to E-Trading Broker Platform March 13, 2020 Beazley has made its flagship cyber product, Beazley Breach Response (BBR), available to brokers of small and medium-sized business through...
Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations March 3, 2020 By Noor Zainab Hussain and Carolyn Cohn Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies...
Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation February 28, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates...
Beazley Adds Sanches as Underwriter in Southern California January 29, 2020 Specialist insurer Beazley has appointed Justin Sanches as an underwriter within the U.S. healthcare liability team. Sanches joins Beazley’s Los...