Latest Beazley Headlines

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

Beazley Taps XL Catlin’s Taboada, Zurich’s Misol as Financial Lines U/Ws, Spain

Oct 30 2017 // Specialist insurer Beazley continues to build its international specialty lines team, with the appointments of Estefania Taboada and Ana Misol as financial lines underwriters in Barcelona.Their appointments follow the...

U.S. Healthcare Sector Plagued by Cyber Breaches Caused by Human Error: Beazley

Oct 19 2017 // Whether it is an email sent to the wrong recipient, discharge instructions given to the wrong patient, or a server containing protected health information (PHI) accidentally left open to the public, healthcare entities...

More Clients Want Cyber Cover with BI, Supply Chain Protection: Beazley, Munich Re

Oct 17 2017 // Beazley and Munich Re, through their Vector partnership, have reported strong demand for “holistic cover” to protect against cyber attacks and resulting business interruption and supply chain risks.Vector was...

Q3 Catastrophe Losses Will Bring Rate Hikes by London Market Insurers: Fitch

Oct 16 2017 // Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers’ loss-affected lines and could also affect wider market pricing trends, according to Fitch...

Beazley Begins Underwriting at New Dublin-Based Subsidiary

Oct 10 2017 // Specialist insurer Beazley has underwritten its first policies through its new Dublin-based insurance company, which was authorized by the Central Bank of Ireland in July.The company, Beazley Insurance, is rated...

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Oct 2 2017 // Former Florida State Senator John M. McKay has been appointed to the Citizens Property Insurance Corporation Board of Governors by Chief Financial Officer Jimmy Patronis, according to an announcement from the Florida...

People

Oct 2 2017 // Global insurance broker Hub International Limited (HUB) named Marc Cohen, currently president, as president and chief executive officer, effective Jan. 1, 2018. He also will be a member of the board of directors.Cohen will...

Beazley to Manage Data Breaches for Generali Brazil’s Cyber Insurance Clients

Sep 29 2017 // Beazley, a specialist in data breach response insurance, has partnered with Generali Brazil to manage data breaches for Generali’s corporate and commercial cyber insurance customers.Beazley will coordinate the breach...

Beazley Estimates $150M Earnings Hit From Hurricanes, Earthquakes

Sep 29 2017 // Lloyd’s of London insurer Beazley said on Friday it reckoned that its losses from hurricanes Harvey, Irma and Maria in the Caribbean and southern United States and a series of earthquakes in Mexico would reduce its...

Mehrhoff Named Head of Broker Relations for Beazley’s North Central Region

Sep 5 2017 // Beazley, a provider of specialist insurance, has appointed Andrew Mehrhoff as head of broker relations – north central region.Mehrhoff will be based in the firm’s Chicago offices and will be responsible for...

Beazley Expands Coverage for Social Engineering, Online Fraud Scams

Aug 30 2017 // Beazley has launched a new excess policy for the U.S. market that significantly expands the protection available to firms that fall victim to impersonation scams by fraudsters convincing employees to wire funds to external...

Novae Group Appoints Beazley’s Cragg as Chief Operating Officer

Aug 10 2017 // Novae Group plc, the specialist listed Lloyd’s insurer, announced the appointment of Adam Cragg as group chief operating officer. He reports to Matthew Fosh, chief executive officer of Novae.Cragg brings 25 years of...

Jaramillo to Lead Beazley’s U.S., Latin American Engineering Portfolios From Miami

Aug 8 2017 // Beazley, a specialist property insurance provider, has appointed Santiago Jaramillo as engineering focus group leader for the U.S. and Latin America, based in Miami, reporting to Colin Rose, Beazley’s head of...

Data Breaches Due to Employee Error, Third Party Suppliers on Rise: Beazley

Aug 1 2017 // Hacking and malware attacks including ransomware attacks continue to be the leading cause of breaches, accounting for 32 percent of the 1,330 incidents that insurer Beazley’s in-house Breach Response Services helped...

Beazley Launches Dublin-Based Insurer to Write Non-Life Insurance in EU

Jul 18 2017 // Specialist insurer Beazley has received authorization from the Central Bank of Ireland to convert its established Dublin-based reinsurance company into an insurance company permitted to transact business throughout the...

Beazley Adds Inability to Attend Coverage to Event Product Suite

Jun 2 2017 // Beazley, a specialist in event cancellation insurance, has partnered with Rainprotection Insurance to offer event organizers protection against the handling of processing ticket refunds for attendees who are no longer able...

Lloyd’s Insurers Launch Asia Political Risk Consortium

May 25 2017 // Three Lloyd’s insurers have joined forces to form a Political Risk Consortium in Asia, offering increased capacity for a wide range of political and contract frustration risks.Beazley, Chaucer and Talbot will work...

London-Based MGA Nexus Offers Cyber Insurance in Partnership with Beazley

May 10 2017 // Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance with effect from May 1, 2017.Nexus will underwrite the new line, offering...

High-Profile Cyber Attacks Drive Growth of Cyber Crime Insurance

May 10 2017 // For companies and organizations, an attack by hackers can inflict financial losses, corporate embarrassment and legal action. For insurers jumping into the brave new world of cyber crime insurance, it’s free...

Beazley Offers ‘Seamless’ Financial Lines Cover for Crime, PI & Data Breaches

May 8 2017 // Beazley has unveiled two sets of financial lines’ products for organizations domiciled outside the United States. One is designed for the specific needs of financial institutions and the other provides comprehensive...