Latest Beazley Headlines

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

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// In a brief announcement Lloyd’s insurers Beazley plc and Hardy Underwriting Bermuda Limited noted that Beazley has withdrawn its offer to acquire Hardy.The decision to withdraw the offer follows Hardy’s...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

Beazley Starts Trading through the Lloyd’s Exchange

Nov 25 2009 // Lloyd’s and international insurer Beazley announced that underwriters placing business for the company now have access to the Lloyd’s Exchange. The processing system will enable them to “undertake...

Beazley Launches Two Environmental Insurance Products

Nov 17 2009 // The Connecticut-based Beazley Group announced the launch of its first two environmental insurance products “to meet the evolving needs of the environmental services industry.”The Company, a subsidiary of the...

Business Moves

Nov 15 2009 // TLLA, CrawfordClaims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined...

Rose and Warner Join Beazley’s Builders’ Risk Unit in Chicago

Nov 2 2009 // Beazley is expanding its U.S. property insurance business with the creation of a dedicated Builders’ Risk team to be located in Chicago, Ill.Colin Rose, a senior underwriter from the London Construction and...

Best Assigns ‘A’ Ratings to Lloyd’s Syndicates 3623, 3622 (Beazley)

Oct 28 2009 // A.M. Best Co. has assigned its Best’s Syndicate Ratings of ‘A’ (Excellent) and issuer credit ratings of “a+” to Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622, with stable...

Ratings Recap: Beazley (US), Prism

Oct 28 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Beazley Insurance Company, Inc. (BICI), which is based in Farmington, Conn. The outlook...

London: International Insurance Center

Oct 5 2009 // London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The...

London: International Insurance Center

Oct 5 2009 // London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The...