Beazley plc
| File:Beazley.png | |
| Company type | Public |
|---|---|
| LSE: BEZ | |
| 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 | $2,636.5 million (2019)[1] |
| $295.4 million (2019)[1] | |
| $234.1 million (2019)[1] | |
| Website | www.beazley.com |
Beazley PLC (LSE: BEZ) is the parent company of specialist insurance businesses with operations in Europe, the US, Asia, and the Middle East. Beazley manages six 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
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
Beazley underwrites a diverse book of insurance and reinsurance business for clients worldwide. Beazley's business is divided into six operating divisions: Cyber & Executive Risk, Marine & Aviation, Political, Accident & Contingency (PAC), Property, Reinsurance and Specialty Lines. Beazley is a market leader in many of its chosen lines, which include professional indemnity, directors and officers, crime, healthcare, property, environmental liability, cyber liability, marine, reinsurance, accident and life, and political risks and contingency business.[4]
References
- ^ a b c "Annual Results 2019" (PDF). Beazley Group. Retrieved 29 February 2020.
- ^ "Beazley Syndicate Completes Management Buyout". Insurance Journal. 3 April 2001. Retrieved 8 April 2012.
- ^ "David Andrew Horton". Businessweek. Retrieved 8 April 2012.
- ^ "Beazley strengthens US underwriting team for small to mid-sized businesses". Market Wired. 7 February 2017. Retrieved 16 April 2017.