Worldwide Facilities, Inc. has formed a strategic partnership with the Canopius and Beazley Lloyd’s of London syndicates to provide a new underwriting platform for land-based oil and gas lease operators. Products will be initially offered from Worldwide’s Houston office, which …
Lloyd’s of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional options to complex risks for U.S.-domiciled companies. Central to the proposal …
Oracle Corp. can’t rely on an insurer to pay $20 million to help settle shareholder claims over the software maker’s acquisition of a company controlled by Oracle founder Larry Ellison, a judge concluded. Delaware Chancery Court Judge Travis Laster on …
Michelle Kim has joined Beazley and will be located in the Glendale, Calif. office, adding to the company’s miscellaneous medical team. Kim worked for six years as the allied healthcare product head at Hiscox. Kim has also served as an …
Pamela Sfikas, an experienced management liability underwriter, has joined Beazley in Chicago. Sfikas will specifically focus on building the EPL, Private Company D&O and Fiduciary books of business in the United States, expanding upon the leadership position that Paul Nash …
Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around $300 million — net of tax and estimated recoveries from reinsurance and including estimated reinstatement premiums. The Pembroke, Bermuda-based provider …
Selected earnings highlights from Dublin-based Beazley Group for the first six months of 2012 are as follows: 1st Half 2012 1st Half 2011 Gross premiums written ———— $1.0131 bn $924.8 mn Net premiums written ————— $650.8 mn $635.5 mn Net …
“Broker only” commercial underwriting specialist Evolution Underwriting announced that it has “entered into an exclusive underwriting and distribution partnership with the Beazley Group. Under the terms of the deal Evolution has been appointed to manage and develop Beazley’s professional indemnity …
Beazley Group has appointed Sarah Lamberg to the U.S. Private Enterprise underwriting team, strengthening its commitment to small businesses in the technology industry. She is based in Chicago. Lamberg joins Beazley with nine years of experience in professional liability insurance. …
