Beazley News

London Market Group Appoints Beazley’s Horton as Chair, Succeeding Aubert

The London Market Group (LMG) announced the appointment of Andrew Horton, CEO of Beazley, as its new chair with effect from May 4, 2018. He will succeed Nicolas Aubert, head of Great Britain for Willis Towers Watson who has held …

Beazley Adds Post-Breach Services to Cyber Coverage for Small, Mid-Sized Policyholders

Beazley has further enhanced its Beazley Breach Response (BBR) coverage for small and mid-sized policyholders in the U.S. In conjunction with Lodestone Security, a specialist advisory firm and wholly owned subsidiary of Beazley, BBR policyholders now have access to up …

Beazley Names Moy to New U.S. Marine Insurance Underwriting Team

Specialty insurer Beazley has appointed John Moy as U.S. marine insurance underwriter within its newly- launched U.S. marine platform. Moy will be responsible for underwriting and building the company’s U.S. hull, protection & indemnity (P&I) and liability business for the …

How Bitcoin Is Fueling Ransomware Insurance Claims

Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best known for catering to wealthy families and corporations, is among at least three insurers facing a jump in costs tied …

Beazley Establishes Marine Insurance Platform In U.S.

Beazley has established its new U.S. marine platform with an initial focus on hull, protection & indemnity (P&I) and liability coverage for the marine and marine construction marine platform sectors. Beazley has been an insurer of marine risks in the …

UK P&I Insurer Chooses Dublin as EU Headquarters After Brexit

British ship insurer Standard Club is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the second of these specialized providers to opt for Ireland in two days. …

UK P&I Insurer North to Form Dublin Subsidiary as EU Post-Brexit Hub

British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the first of these specialized providers to announce such a move. Insurers are making …

Beazley Launches Suite of Financial Lines Products in Spain

Specialist insurer Beazley has unveiled a comprehensive suite of financial lines products in Spain, designed for the needs of a broad range of commercial and financial organizations. Led by Lorena Segovia, Beazley’s Spanish team of underwriters launch a set of …

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

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 appointment in May 2017 of Lorena Segovia to the newly …

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

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 established in 2015 to offer tailor-made expertise and capacity for …