Beazley offers sweeteners to Syndicate 623 Names for transfer of $1.6bn E&S business
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Beazley offers sweeteners to Syndicate 623 Names for transfer of $1.6bn E&S business

Ayesha Venkataraman, 
Rachel Dalton
31 July 2023
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Beazley has outlined its proposals to compensate Names of Syndicate 623 following its decision to transfer around $1.6bn of E&S business to a new US company platform, according to documents seen by this publication.

Beazley CEO Adrian Cox confirmed last week that the carrier has begun the process of moving its US E&S business off its Lloyd’s paper.

Beazley

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News Beazley Lloyd's
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