Beazley News

Insurer Beazley Partners With Insurtech Gaia to Offer Coverage for IVF Treatment

Lloyd’s insurer Beazley partners with insurtech Gaia to offer a new solution for individuals undertaking in vitro fertilization (IVF) treatment. The health-focused insurtech has been working with Beazley and Chaucer to design a new underwriting approach and has been appointed …

UK Insurer Beazley Sees Opportunity (and Risk) in Cyber Market

UK insurer Beazley Plc returned to profit last year, helped by what it sees as “encouraging” trends in the cyber market. With ransomware attacks becoming more prevalent, the company sees still more opportunity in a market where some peers fear …

People Moves: QBE Promotes Shallow as Head of Marine; Beazley Names MS Amlin’s Hunter for Open Mkt. Property; TigerRisk Hires Liberty’s Hodges for Analytics, Int’l

This edition of International People Moves details appointments at QBE, Beazley and TigerRisk Partners. A summary of these new hires follows here. QBE Promotes Shallow as Head of Marine QBE has appointed Kevin Shallow as director of Underwriting and product …

Beazley’s Digital Division Launches, Aiming to Transform Brokers’ Access

Beazley announced that its global digital trading division, Beazley Digital, is up and running. The new hub brings together underwriting, claims, technology and operational experts into one cross-functional team, to deliver seamless digital access and services to a range of …

Threat of War in Ukraine Biggest Risk for Insurers of Beijing Winter Olympics

The threat of war between Russia and Ukraine is the biggest risk for insurers offering coverage during the Beijing Winter Olympics as an outbreak of hostilities could force team withdrawals or appearance cancellations, industry sources say. Olympic Games, top events …

Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. Faced with increased demand, major European and U.S. …

People Moves: FM Global Promotes Johnson and Dempsey in EMEA; Beazley Names Hiscox’s Wilson Head of Open Mkt, London; Rokstone Taps Pickard as D&F Property U/W

This edition of International People Moves details appointments at three insurers: FM Global, Beazley and Rokstone. A summary of these new hires follows here. FM Global Promotes Johnson and Dempsey in Senior EMEA Roles Commercial property insurer FM Global has …

Beazley’s Cyber Defense Specialist, Lodestone Security, Opens London Office

Lodestone Security, a Beazley subsidiary and leader in cyber defense and incident response in the U.S., is expanding its global reach by opening an office in London. Adam Harrison joins the group as managing director of Lodestone Security UK. The …

Beazley Launches First ESG Syndicate at Lloyd’s

Specialist insurer Beazley has received in-principle approval from Lloyd’s to launch Syndicate 4321 from Jan. 1, 2022. Once fully approved, the syndicate will focus exclusively on offering additional capacity to businesses that perform well against environmental, social and governance (ESG) …

People Moves: WTW Hires ERS’ Shepherd to Lead Facultative; Specialty Insurer Fusion Names Gallagher’s Simmonds as Managing Partner; AXIS’ Quane Is CUO at Beazley

This edition of International People Moves details appointments at broker Willis Towers Watson, specialty insurer Fusion and insurer Beazley. A summary of these new hires follows here. Willis Towers Watson Hires ERS’ Shepherd as Head of Global Facultative Insurance broker …