Beazley Group

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Beazley Group
Type Public (LSEBEZ)
Industry Insurance
Founded 1986
Headquarters London, United Kingdom
Key people Andrew Horton (CEO)
Products Life, accident & health, marine, political risks & contingency, property, reinsurance, professional liability, management liability, environmental liability
Revenue $1,670.2 million (2013)[1]
Operating income $328.5 million (2013)[1]
Profit $264.0 million (2013)[1]
Website www.beazley.com

Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates. All Lloyd’s syndicates are rated A (Excellent) by A.M. Best and also benefit from the Lloyd's chain of security. Beazley plc is incorporated in Jersey and tax resident in Ireland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History[edit]

Beazley Group began life in 1986 as Beazley, Furlonge & Hiscox; Hiscox was bought out in 1992 and a full management buyout took place in 2001.[2] Andrew Beazley served as chief executive until September 2008 when he was succeeded by Andrew Horton.[3]

Operations[edit]

Beazley underwrites a diverse book of insurance and reinsurance business for clients worldwide. Beazley’s business is divided into six operating divisions: life, accident & health, marine, political risks & contingency, property, reinsurance and specialty lines (professional, management and environmental liability).

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

References[edit]

Beazley is an underwriter at the Lloyd's of London insurance market.
  1. ^ a b c Preliminary Results 2013
  2. ^ "Beazley Syndicate Completes Management Buyout". Insurance Journal. 3 April 2001. Retrieved 8 April 2012. 
  3. ^ "David Andrew Hrton". Businessweek. Retrieved 8 April 2012. 

External links[edit]