All the headlines from our Beazley Topic Page, ordered by recency.
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...
Jan 23 2013 // Beazley plc has expanded its environmental products offering with the launch of an environmental cleanup costs insurance policy that provides coverage for cost overruns for remediation of known conditions at covered...
Dec 19 2012 // Pamela Sfikas, an experienced management liability underwriter, has joined Beazley in Chicago. Sfikas will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the United...
Dec 18 2012 // Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around $300 million — net of tax and estimated recoveries from reinsurance and including estimated...
Nov 20 2012 // AmWINS Brokerage of the Carolinas, through its partnership with Premier Insurance Management Services Inc. (PIMS) and Beazley plc, is now offering a data privacy and network security insurance product for hospitals. The...
Nov 16 2012 // Beazley, an insurer of event cancellation and other forms of contingency business at Lloyd’s, will begin underwriting contingency business locally in the United States at the beginning of 2013. The focus will be...
Sep 17 2012 // A bulletin from Lloyd’s notes that “high potential employees from US broking firms will spend the coming week in London, standing in the shoes of the Lloyd’s underwriter and gaining a detailed...
Aug 31 2012 // Beazley has unveiled major enhancements to its Beazley Breach Response (BBR) product. Launched over three years ago, BBR includes a separate limit of coverage for breach response services, and Beazley recently announced...
Aug 20 2012 // Beazley has established BBR Services, a new business unit dedicated to helping clients that have suffered a data breach manage the consequences.Data breaches involving the theft or loss of personally identifiable customer...