Beazley
-
Greenwood, Bantick, Turner and Montminy will head up the new divisions. -
The second of Insurance Insider’s deep-dive analysis pieces on innovation examines the internal structures and opportunities that can accelerate innovation.
-
The first of a two-part series on innovation examines the barriers blocking product innovation in the P&C market.
-
Beazley’s head of specialty lines James Eaton will retire at the end of 2022 after 16 years at the carrier.
-
Beazley’s Smart Tracker syndicate also reported a 49% increase in GWP to $198.2mn as the company pushed ahead with top-line growth across the board.
-
Gross premiums written increased by 30% to $4.6bn for 2021. The biggest growth was seen in cyber and risk and market facilities, which both increased by 48.6%.
-
Over the last 12 months, three of the four London-listed companies have drastically underperformed their US-listed and Continental European peers.
-
Sources have told Insurance Insider that the majority of Beazley’s planned income is driven by rate increase, with limited new business.
-
Spring Partners said the new underwriting capacity and product launch were part of its London market growth plans.
-
A total of 12 managing agents control £1bn or more of capacity, analysis shows.
-
Beazley tried to recover $6.5mn in claim costs from Prime on a policy which it led.
-
The significant increase in planned premium will be interpreted as a vote of confidence in the low-cost, follow-only model from Lloyd’s.
Most Recent
-
Volante exits TL market in US and Asia Pacific
13 June 2025 -
Volante appoints Montanaro as non-executive director
13 June 2025 -
Daily Digest: Top news from 13 June
13 June 2025 -
CFC appoints Markel’s Line as CUO
13 June 2025 -
IQUW promotes Furlong and McDonach
13 June 2025