Artemis ILS NYC 2020

Menu

Reinsurance News

Beazley

Beazley appoints Rozina Karimali as exec risk underwriter

3rd December 2019

Specialist insurer Beazley has named Rozina Karimali as executive risk underwriter within the company’s cyber & executive risk division. Based in San Francisco, Karimali will underwrite public directors & officers and large private D&O risks as well as employment practices liability. She joins from Allied World having most recently served as an ... Read the full article

Medical malpractice costs up significantly: Beazley, Aon

28th November 2019

Analysis by specialist insurer Beazley shows that the average cost of a medical malpractice claim in the U.S. has risen by 50% over the last decade, with a steep increase in the number of claims of above $5 million since 2015. Beazley, a specialist insurer that operates in the U.S. hospital ... Read the full article

Beazley adds Jade Cummings to M&A underwriting team in Singapore

22nd November 2019

Specialist insurer Beazley has announced the appointment of Jade Cummings as an underwriter in its global mergers and acquisitions (M&A) team, based in Singapore. The global M&A team underwrites companies engaged in M&A activity, including acquisitive corporations, private equity funds, corporate spinoffs, asset sales or purchases, and refinancing transactions. Cummings joins Beazley ... Read the full article

Beazley reports solid organic growth, rate rises across majority of lines

8th November 2019

Specialist insurer Beazley has announced premium growth of 12% to $2.2 billion for the first nine months of the year, while overall, the firm has reported rate increases of 6%. Beazley has announced gross premiums written (GPW) growth for the nine month period in all lines excluding property, which, fell by ... Read the full article

Beazley adds Kirsten Shastri to international healthcare team

4th November 2019

Specialist insurer Beazley has added Kirsten Shastri to its international healthcare team in London. Shastri, who joins from CNA Hardy with eight years of London market experience, will be focusing on UK & International life sciences business. She will also underwrite Beazley’s recently launched UK Virtual Care policy, which offers protection against ... Read the full article

37% rise in ransomware attacks reported by Beazley

4th November 2019

Data from specialist insurer Beazley shows a 37% rise in ransomware attacks against the previous quarter, as cyber criminals look to exploit weak security programs of IT vendors. 24% of ransomware incidents reported to Beazley’s in-house breach response team were found to have originated with attack on an IT vendor or ... Read the full article

Beazley appoints Beth Diamond group head of claims

30th October 2019

Specialist insurer Beazley has appointed Beth Diamond to succeed Anthony Hobkinson as group head of claims, following his decision to retire from the role in February 2020. Diamond currently serves as head of third-party complex claims at Beazley, having first joined the firm as a claims team leader in 2006. She will ... Read the full article

Westhoff appointed Beazley’s head of US large commercial property

29th October 2019

Specialist insurer Beazley has announced the appointment of Matthew Westhoff as head of US large commercial property. Based in New York, Westhoff will report to the firm’s global head of commercial property Simon Jackson while managing the US based team and working alongside the property team in London. He brings 16 years ... Read the full article

Beazley appoints Hannah Smith as medical underwriter

29th October 2019

Specialist insurer Beazley has announced the appointment of Hannah Smith to the role of miscellaneous medical underwriter within its US healthcare team. Smith is based in Atlanta and will underwrite a number of miscellaneous medical professional liability risks while also working on Beazley’s virtual care book, which provides cover for technology-enabled ... Read the full article

Beazley takes 30% stake in Hong Kong coverholder Pegasus

23rd October 2019

Specialist insurer Beazley has announced a strategic investment in Pegasus Underwriting Limited, a Hong Kong-based Lloyd’s coverholder. The investment will see Beazley become a 30% shareholder in Pegasus, which it has been working with since January 2019. The collaboration has combined Pegasus’ broking relationships and market knowledge with Beazley’s global expertise in ... Read the full article

Beazley launches cyber risk management services for international policyholders

22nd October 2019

Specialist London-based insurer Beazley has launched a suite of cyber risk management services for international policyholders, designed to help mitigate the risk of a cyber breach occurring. Beazley notes that today, preparing for and preventing cyber breaches are inseparable from insuring a cyber loss, calling on organisations to protect themselves on ... Read the full article

Beazley announces cyber & financial lines policies for Italy

1st October 2019

Specialist insurer Beazley has announced the launch of cyber cover and a suite of financial lines products for its organisations in Italy. The company’s flagship cyber solutions provide insurance cover and risk management services that help clients prepare for and manage data breaches and cyber attacks. Beazley Breach Response (BBR) and Beazley ... Read the full article

Beazley to leverage Guidewire’s Cyence analytics solution

11th September 2019

Specialist insurer Beazley has selected Guidewire Software’s Cyence product to help improve underwriting, capital and pricing efficiencies. Cyence offers a data listening and risk analytics solution that combines curation of external data with machine learning and risk modelling. Beazley will implement Cyence data models to augment its existing data modelling applications for ... Read the full article

Beazley bolsters healthcare team with underwriter Andrew Page

10th September 2019

Specialist insurer Beazley has appointed Andrew Page to its international healthcare team to write a range of international miscellaneous medical risks outside the US. He joins from Beazley’s political, accident & contingency team, where for more than eight years he underwrote political violence risks in both Singapore and London. Page will now ... Read the full article

Beazley announces the launch of Virtual Care

10th September 2019

Specialist insurer Beazley has announced the launch of Virtual Care, a new package of protection which provides comprehensive cover against the risks linked with providing technology-enabled healthcare and lifestyle management services in the UK. Beazley explains that a variety of new technologies underpin the digital health market, from telehealth, which enables ... Read the full article

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.