Beazley News

London Market Group to Offer Faster Solution for Coverholder Approval

The London Market Group (LMG) announced that a contract has been signed with Sequel to deliver a faster and more efficient solution for approving and registering coverholders, and a new integrated tool for generating delegated authority binder contracts. This is …

UK Insurers Push Ahead with Brexit Plans in Absence of Trade Deal: A.M. Best Report

In the absence of a Brexit trade deal between the United Kingdom and the European Union, insurers in the UK have accelerated their plans to establish new EU subsidiaries and ensure business continuity after Brexit, according to a report published …

Beazley Launches Consortium at Lloyd’s for Wage & Hour Risks

Beazley has launched a new consortium at Lloyd’s to bring increased capacity for wage & hour risks, expanding the choices available to U.S. organizations. Building on Beazley’s experience in employment practices liability (EPL), and the 2015 launch of Workplace Protect, …

Beazley Taps Hawthorne, Formerly with Guarantee, as Territory Manager for E. Canada

Beazley, the specialist insurer, has appointed Jo-Anne Hawthorne as territory manager for eastern Canada. Hawthorne will report to Cheryl Hobbs and will be responsible for developing closer relations with brokers in Ontario, Atlantic Canada, Ottawa and Quebec with a view …

Russia World Cup Insurance Premiums Rise on Risks of Terrorism, Hooliganism

The risk of terror attacks and damage from hooligans has pushed up premiums for businesses and players buying insurance for the soccer World Cup in Russia compared to the previous event in Brazil, brokers and insurers say. The insured value …

Beazley Adds Miranda to Latin American, Caribbean Team

Specialty insurer Beazley has appointed Vicente Miranda as a specialty lines underwriter responsible for developing Beazley’s specialty lines portfolio with brokers and clients in Latin America and the Caribbean. He will be based in Beazley’s Miami office. Miranda joins from …

Insurer Sees Growth in Insurance Market for Telemedicine Providers

As the U.S. market for telemedicine continues to expand, so does demand for insurance coverage for these providers, according to Beazley, which launched its product last summer. The U.S. is the largest and most mature telemedicine market, with revenues projected …

Beazley, Lloyd’s Broker, Bitfury Creating Blockchain Registry for Crisis Coverages

Insurer Beazley has partnered with three companies to build a blockchain-based registry that will manage insurance for crisis situations such as mass shootings, the companies told Reuters. The registry will use blockchain to speed a response to mass casualties and …

Beazley Appoints Mounier to Head Asia Pacific Operations

Specialist insurer Beazley has appointed Lucien Mounier to head its Asia Pacific operations. He moves from Paris where, for the past two years, he has been responsible for managing and growing Beazley’s portfolio of cyber and technology business in France, …

Beazley Names Bergler as Head of Broker Relations for Continental Europe

Specialist insurer Beazley has announced the appointment of Andreas Bergler as head of Broker Relations for Continental Europe. At the same time, the company said, Martin Fricke would succeed Bergler as head of treaty in Munich In a newly created …