Latest Beazley Headlines

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

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...

Beazley Taps HCC Global’s Segovia to Lead Financial Lines on Continent

May 5 2017 // Specialist insurer Beazley has appointed Lorena Segovia to the newly created role of financial lines regional manager for continental Europe.Based in the company’s new Barcelona office, Segovia will be responsible...

Munich Re, Beazley Partner to Provide Enhanced Cover for Large Cyber Risks

Apr 20 2017 // Building on their existing collaboration, Beazley and Munich Re’s Corporate Insurance Partner announced the creation of “Vector,” a partnership that aims “to bring innovation and capacity to the...

Beazley Joins EbixExchange Accounting Platform

Apr 11 2017 // Ebix Europe, the electronic messaging communications specialists for the global re/insurance market, announced that insurer Beazley is the latest carrier to join its EbixExchange accounting platform.Using ACORD standards,...

Beazley Forms ‘Anything Lineslip’ for Hard-To-Place Professional Liability Risks

Apr 6 2017 // Beazley has launched the new Anything Lineslip in London offering terms for all U.S. management, professional, cyber and healthcare liability risks.The Anything Lineslip is led by Beazley, supported by a number of other...

AXIS Insurance Taps Beazley’s Brown to Lead London Market MGA Growth

Feb 22 2017 // AXIS Capital Holdings Ltd. announced that Julian Brown has joined AXIS Insurance as vice president and underwriter, responsible for leading growth initiatives and product development for the company’s London market...

Beazley Taps Markel’s Tewfik as Underwriter for UK Tech & Data Breach Team

Feb 17 2017 // Beazley, a specialist in cyber and data breach response insurance, has appointed Michael Tewfik as a technology, media and business services underwriter focused on addressing the data breach and cyber security risks of...

Beazley Buys Canadian Specialty MGA, Creechurch Underwriters

Feb 6 2017 // Beazley is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters. The financial terms of the transaction were not disclosed.Since its founding in 1996,...

Ransomware Attacks Quadrupled in 2016; Expected to Double in 2017: Beazley

Feb 2 2017 // Specialty insurer Beazley, which offers data breach response insurance, said its specialized breach response unit saw ransomware attacks quadruple in 2016 and the insurer projects they will double again in 2017.Nearly half...