All the headlines from our Beazley Topic Page, ordered by recency.
Apr 30 2015 // Beazley Group has hired a former Hiscox executive to help expand its miscellaneous medical insurance capabilities.Christopher Dunlavy will be based in Beazley’s Atlanta office. The miscellaneous medical team...
Apr 9 2015 // Beazley and Korean Re announced a partnership to develop business together and to establish a special purpose syndicate at Lloyd’s, Syndicate 6050.Under the agreement, Syndicate 6050 will write a whole account quota...
Feb 17 2015 // Lloyd’s of London insurers Lancashire Holdings plc and Novae Group plc may be the next in line for takeover offers after Brit plc became the second U.K. firm within weeks to be acquired.Lancashire, which gained...
Feb 6 2015 // Beazley plc is targeting 5 percent growth for 2015 as the insurer looks to its U.S. unit to help offset falling prices for coverage at its Lloyd’s of London business.Beazley, the first of its peers to report results,...
Feb 5 2015 // Increased regulation and hostilities in countries around the world have made it more dangerous for U.S. companies to send employees overseas for jobs. The potential for terrorist activities here at home also requires...
Nov 3 2014 // Insurance broker Marsh has named Christian Ryan, a real estate, gaming and hospitality insurance broker, as its U.S. Gaming Practice leader.Ryan joins Marsh from Willis North America where he has spent the last nine years,...
Oct 15 2014 // Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from AIG to build groups that sell coverage protecting corporate clients against crimes.Barone joins...
May 27 2014 // Worldwide Facilities, Inc. has formed a strategic partnership with the Canopius and Beazley Lloyd’s of London syndicates to provide a new underwriting platform for land-based oil and gas lease operators. Products...
May 22 2014 // Cyber security and cyber threats are growing, both in numbers and in costs. They will certainly continue to increase as they follow the increases in Internet use and the rapid changes in how electronic information is...
Apr 16 2014 // Beazley has enhanced its Beazley Breach Response (BBR) product to include expanded privacy breach response services and broader coverageThe enhancements, which will come standard on all future BBR policies, will also...
Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...
Feb 24 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), based in Farmington, Conn., a subsidiary of Beazley...
Jan 28 2014 // Lloyd’s of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional options to...
Jan 16 2014 // Oracle Corp. can’t rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge...
Jul 22 2013 // A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of...
Mar 21 2013 // Beazley announced that Mark Vaughan has joined the company as deputy head of its reinsurance division. He moves to Beazley from Catlin, where he was senior class underwriter on the reinsurance team.Vaughan previously...
Mar 5 2013 // Michelle Kim has joined Beazley and will be located in the Glendale, Calif. office, adding to the company’s miscellaneous medical team. Kim worked for six years as the allied healthcare product head at Hiscox. Kim...
Feb 11 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623,...
Feb 8 2013 // Beazley plc announced strong growth for the year 2012.Highlights of its recently released earnings report include the following: •Profit before income tax of $251.2 million (compared to $62.7 million in 2011) •Return...
Feb 5 2013 // Beazley plc has launched new computer crime and account takeover coverages for financial institutions. The enhanced computer crime policy is designed for the continually evolving services and applications that financial...