Latest Beazley Headlines

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

Beazley Remains Confident, Despite Q1 Catastrophes

Apr 25 2011 // The first quarter of 2011 reminded the insurance industry of just how unpredictable natural catastrophes can be. Beazley plc, which is headquartered in Dublin, but whose main activities, are in the Lloyd’s market,...

Beazley Expands Healthcare Liability Team with Springman

Apr 15 2011 // Beazley Group reported the addition of Daniel Springman to its miscellaneous medical healthcare team, expanding the insurance company’s capabilities in the area of medical professional liability insurance in the...

Beazley Names Ricardo as Breach Response Manager

Apr 5 2011 // Specialty insurer Beazley Group has named Alex Ricardo privacy breach response manager for the company’s technology, media and business services professional liability group. Ricardo, based in New York, will direct...

MMIC, Beazley Partner to Offer Data Privacy Insurance

Feb 22 2011 // MMIC Insurance, Inc. has launched data privacy insurance coverage for the healthcare community and has partnered with Beazley Group, Ltd. to offer the coverage.Beazley has developed Beazley Breach Response and tailored it...

Beazley Extends Global Environmental Underwriting to Pollution Coverage

Feb 8 2011 // Specialist insurer Beazley announced that it is broadening its coverage of environmental risks, first launched by its U.S. company, by “establishing an environmental risks underwriting capability at Lloyd’s,...

Beazley FY Profits Top $250 Million

Feb 8 2011 // Beazley plc reported a 59 percent increase in its full year 2010 profits at $250.8 million, compared to $158.1 million in 2009.Additional highlights, as detailed from Beazley’s Dublin headquarters, included the...

Beazley Adds Komro as D&O Underwriter in Chicago

Jan 11 2011 // Anthony Komro has joined Beazley in Chicago as an underwriter of directors and officers (D&O) coverage. The company said Komro will help build upon Beazley’s established and growing presence in the Midwest,...

Ratings Recap: Beazley (U.S.), Atradius Trade Credit, HDI-Gerling America

Dec 23 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Connecticut-based Beazley Insurance Company, Inc. (BICI), both with stable outlooks....

Best Affirms Lloyd’s Syndicates 2623, 623, 3623, 3622 Ratings (Beazley)

Dec 22 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A ‘(Excellent) and issuer credit ratings (ICR) of “a+” of Lloyd’s Syndicate 2623, Lloyd’s...

Beazley Withdraws Offer for Hardy after ‘Final Proposal’ is Rejected

Dec 14 2010 // In a brief announcement Lloyd’s insurers Beazley plc and Hardy Underwriting Bermuda Limited noted that Beazley has withdrawn its offer to acquire Hardy.The decision to withdraw the offer follows Hardy’s...

Hardy Rejects New Offer from Beazley

Nov 16 2010 // Two Lloyd’s insurers, Beazley plc, which is domiciled in Ireland and Hardy Underwriting, which is domiciled in Bermuda are engaged in a takeover tussle. Beazley, which also has extensive non-Lloyd’s operations,...

Beazley, Co-Founder of Beazley Group, Passes Away

Oct 14 2010 // The co-founder and former CEO of Beazley Group, Andrew Beazley, has passed away at the age of 57.Beazley was co-founder of the company and its CEO for 22 years of its 24-year history. The company founded by Andrew Beazley...

Perkins Joins Beazley in Philadelphia

Oct 8 2010 // U.K.-based insurer Beazley has hired Max Perkins as an underwriter in its Technology, Media, & Business Services team in Philadelphia. Perkins will focus on underwriting middle market risks. He formerly served an...

Beazley Launches Fixed Site Environmental Cleanup Coverage

Aug 25 2010 // Beazley Group has added coverage for fixed site environmental exposures to its growing range of environmental products. Beazley ECLIPSE is an environmental liability and cleanup costs insurance product, designed to help...

How to Make Agent-Wholesale Relationships Work

Jul 16 2010 // It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a...

Hit a Home Run with Wholesalers

Jul 5 2010 // It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a...

Beazley’s Broker Relations Head Lauds Value of Broker Networks

Jun 21 2010 // Christopher Branch, Head of Broker Relations at Beazley, speaking at the second day of BrokersLink’s second annual global conference in Portugal on Friday, urged underwriters to increase the utilization of the...

Beazley Expands Architects and Engineers Team

Apr 19 2010 // Robin McNeill has joined the architects & engineers professional liability team at underwriter Beazley Group. McNeill, who will be based in Washington, D.C., was most recently a vice president with Victor O. Schinnerer...

Construction Specialists See Slow Recovery in 2010

Jan 10 2010 // Construction insurance specialists say market improvement in 2010 for the construction industry will be slow for most sectors — even so opportunities do exist. Publicly funded construction projects have seen an...

Floods in the U.K.; Lloyd’s Exchange Gets Rolling; Willis in Deal for Gras Savoye

Dec 6 2009 // A series of violent storms struck the west coast of England, beginning Nov. 19. Cumbria, the county just below the Scottish border, was the most severely affected area, where heavy rain caused extensive flooding in a...