Latest Beazley Headlines

All the headlines from our Beazley Topic Page, ordered by recency.

Beazley Names Sanchez as International Breach Response Services Manager

Sep 22 2016 // Beazley, the London-based provider of data breach response insurance, has appointed Rafael Sanchez as Beazley Breach Response Services (BBR Services) manager, International, to manage the breach response services provided...

Beazley Adds ArgoGlobal’s Paulin to Aviation Team in France

Sep 19 2016 // Beazley announced that Christophe Paulin will join at the end of this month as an aviation underwriter, managing its aviation business in France and developing its aerospace/products portfolio worldwide. He will be based...

Beazley Doubles Environmental Risk Capacity to $50M with Lloyd’s Consortium

Aug 23 2016 // Beazley, the London-based provider of specialist environmental liability insurance, has doubled its capacity for operational and fixed site environmental risks to $50 million. Covering the environmental liabilities of...

Beazley Offers Revenue Protection Cover for UK Events Hit by Wet Weather

Aug 17 2016 // London-based insurer Beazley has launched “Cancellation Plus” for the event industry in the United Kingdom, offering event organizers revenue protection for reduced ticket sales and concessions when a specified...

Beazley Expands Event Cancellation Coverage for Political Violence, Terrorism Incidents

Jul 28 2016 // Beazley, a provider of event cancellation insurance, has expanded its terrorism and political violence event cancellation insurance for the sports, entertainment and leisure industries in the U.S. to include riots, civil...

Cyber Attacks on Financial Firms Up; Ransomware Attacks Way Up: Beazley

Jul 22 2016 // Financial institutions including small banks and credit unions faced a huge spike in the number of hacking and malware attacks during the first six months of 2016, specialty insurer Beazley found in a new report.The level...

Best Revises Lloyd’s Outlook to Stable from Positive on Difficult Business Conditions

Jul 22 2016 // A.M. Best has revised the outlooks to stable from positive of Lloyd’s and Lloyd’s Insurance Co. (China) Ltd., while at the same time affirming their financial strength rating (FSR) of A (Excellent) and issuer...

Beazley to Get EU Licenses for Irish Reinsurance Business – After Brexit Vote

Jul 22 2016 // Lloyd’s of London’s Beazley Plc is working to get European insurance licenses for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd’s loses access to the...

Bigger Is Better for Lloyd’s Syndicates with Active Cycle Mgmt: S&P

Jun 10 2016 // Benign catastrophe losses, combined with lower and less frequent casualty lines claims, helped Lloyd’s syndicates deliver another strong set of results in 2015, reporting an average combined ratio of 90 percent,...

Beazley Launches Combined Event Cancellation Coverage

Jun 10 2016 // Beazley has introduced Cancellation Plus, an endorsement that combines event cancellation coverage with protection for reduced ticket sales and concessions in the event of poor weather depressing event revenues. Beazley...

Beazley Appoints Crux Risk to Provide Kidnap and Crises Response Services

Jun 3 2016 // Beazley, the London-based provider of specialist insurance cover, has retained Crux Risk* to provide preventative and response services to clients facing kidnaps or other threats to their personnel. “The Crux team...

Beazley Expands Environmental Team in U.S. with XL Catlin, AIG, Ironshore Hires

May 24 2016 // Specialist insurer Beazley has made several senior hires to expand its environmental liability insurance team in the U.S. The Beazley environmental team now has 20 associates across the U.S., with local underwriting and...

Beazley Expands Marine Business by Buying Subsea Specialist Leviathan Facility

May 16 2016 // Beazley, a provider of specialist marine insurance, is expanding its marine offerings with the acquisition of London-based subsea specialist The Leviathan Facility.Beazley will acquire the majority of their existing book...

Beazley Enhances Coverage for Small Healthcare Businesses

May 10 2016 // Beazley has expanded its medical professional liability coverage for small healthcare providers with new policy enhancements, increased standard coverage and enhanced service levels. Policies now also include privacy...

Gen Re’s Benet Joins Beazley to Head Partners Solutions Group

Apr 20 2016 // Specialty insurer Beazley has appointed Elizabeth Benet, formerly of General Re, to head new business development for its partner solutions focus group. Beazley’s specialty treaty team partners with insurance...

Beazley & Munich Re to Offer Broad Cyber Cover for Large Global Companies

Apr 11 2016 // Beazley, a pioneer in data breach response insurance and the largest insurer of cyber liability risks in the Lloyd’s market, has partnered with the Corporate Insurance Partner unit of Munich Re to offer broad...

Beazley Provides Data Breach Response Insurance in Canada

Mar 31 2016 // Beazley announced the launch of the company’s flagship Beazley Breach Response (BBR) product in Canada, which is data breach response insurance that protects the personal data of up to five million individuals per...

Update: Lloyd’s Underwriter Marketform Sells UK Med Mal Businesses to Beazley

Mar 24 2016 // Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley.The team being transferred is led by...

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...