Reinsurance News

Beazley appoints Stephen Vivian as new head of U.S. marine

22nd March 2017 - Author: Staff Writer

Specialist insurer Beazley has appointed long-time marine insurance expert Stephen Vivian to head up its U.S. marine business.

Vivian most recently served as Managing Director of new business production and marketing for reinsurance brokerage Guy Carpenter, in New York.

He boasts a distinguished career of over 30 years’ as a marine insurance and reinsurance broker.

In his new role at Beazley’s New York office, he will report to Beazley head of marine, Clive Washbourn.

Announcing Vivian’s appointment, Washbourn said; “Steve’s decades of experience in handling all aspects of marine risks in the US market will help Beazley build local distribution and access risks that don’t typically reach the London market. Beazley’s established underwriting and claims teams work together to provide brokers and their clients with specialized coverage for their marine risks.”

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Vivian added; “I am delighted to be joining Beazley. We have a great opportunity in the US to build on Beazley’s extensive and respected marine business in the London Market. I look forward to leveraging our team’s expertise and developing a specialized book of marine business in the US.”

Beazley’s long-standing marine segment makes up 16% of the firm’s gross written premiums.

The specialist insurer said with the firm’s market-leading position in the London market voyage and tow business and beyond, it helps insure about 20% of global ocean-going tonnage.

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