London-based specialty insurer and reinsurer, Beazley, has appointed Brenna Westinghouse as Corporate Head of Strategy, effective November 1, 2023.
She succeeds Rachel Turk, who is moving to Lloyd’s to serve as its Chief Underwriting Officer.
At the same time, in her new role, Westinghouse will report to Beazley’s CEO, Adrian Cox.
Westinghouse brings more than 20 years of industry expertise towards her new role.
In her most recent role, she served as Focus Group Leader, Professions PI within Beazley’s Specialty Risks Division in London.
She joined the firm in 2017 after spending more than 10 years working at global insurance broker, Marsh, where she held a series of senior roles within the company’s international financial and professional lines practice, based in London, UK and Boston, US.
As leader of the Professions PI book, Westinghouse has already made a significant contribution to Beazley’s growth and strategic position across the globe.
However, in her new role, as Corporate Head of Strategy, she assumes a pivotal role in shaping the strategic priorities for the company.
She will hold responsibility for identifying new growth opportunities across the company.
Adrian Cox, Chief Executive Officer at Beazley, commented: “Beazley has an ambitious strategic agenda and Brenna’s track record of achievement as a leader of our successful Professional PI business, make her ideally placed to take on the role of Corporate Head of Strategy.”
He continued: “While we celebrate a new milestone for Brenna, I would also like to thank Rachel Turk for her contribution to the success of Beazley as she takes up the role of Chief Underwriting Officer at Lloyd’s, where she will no doubt make a lasting contribution to the future of our industry. Both Brenna and Rachel’s new roles speak not only to their individual accomplishments, but also to the strength of the talent to which Beazley is home.”
In related news, Beazley is set to follow up on its three private transactions with its first full 144a cyber catastrophe bond issuance by the end of the year, according to Artemis sources.
