Latest Beazley Headlines

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

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...

S&P, Best Rate Beazley’s Holding Co.

Jun 10 2009 // Standard & Poor’s Ratings Services announced that it has assigned its ‘BBB+’ long-term counterparty credit rating to Beazley PLC, the Jersey-domiciled and Irish-tax resident, ultimate holding company...

Beazley Group Adds U.S. Builders Risk, Engineered Risk Capabilities

Mar 13 2009 // Beazley Group plc, an insurer of construction and engineering risks in the Lloyd’s market, has established a builders risk and engineered risk capability in the United States.Builders risk, commonly known as...

Business Moves

Mar 9 2009 // MarshMarsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...

Business Moves

Mar 9 2009 // MarshMarsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and...

Beazley Acquiring The Hartford’s Surplus Lines Insurer, First State

Feb 17 2009 // London-based insurer and reinsurer Beazley Group is acquiring Boston-based First State Management Group, an underwriting manager specializing in excess and surplus lines commercial property insurance for $35.4 million in...

London’s Reach Bolsters U.S. Specialty Lines

Jan 25 2009 // Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a number of British insurers have taken it to heart and have built substantial profit centers...

Ratings: Hull Club, Lloyd’s Syndicate 623/2623, Flagstone Re, First Net

Sep 8 2008 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on marine mutual insurer Norwegian Hull Club (NHC) to ‘A-‘ from...

Beazley Tailors Employment Liability Policy for Professional Firms

May 30 2008 // Insurer Beazley Group plc has launched an employment practices liability (EPL) policy its says is tailored to the specific needs of professional services firms such as law firms, accounting firms and architects and...

Beazley’s New UK D&O Program

Apr 10 2008 // The UK’s Beazley Group plc has introduced “Beazley Armour,” which it describes as a “Side A policy form designed to provide exceptional protection for directors and officers and, on an excess basis,...

Ratings Recap: Hingham, Beazley (US), Kanawha, Genworth Mortgage

Nov 6 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from B++ (Good) and assigned issuer credit ratings (ICR) of “bbb-” to The Hingham Group and its members –...

Ratings Roundup: Atrium; Hardy; Beazley; Amlin; Cathedral; RIMAC

May 25 2007 // A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb+” of Atrium Underwriting plc, the non-operating holding company of Atrium Underwriters Limited (AUL). Best also revised the outlook to positive...

Beazley Acquires Health Care Specialist Sapphire Blue

Mar 13 2007 // Beazley Group has agreed to acquire Sapphire Blue, an agency specializing in professional liability insurance for U.S. health care institutions, particularly long term care facilities. The transaction significantly...