Beazley
Week in Post: Brexit, redundancies and consolidation
This week we saw the ‘Great Repeal Bill’ being introduced to Parliament, a key waystone on the long and arduous journey to leaving the European Union.
Beazley gets green light for Dublin subsidiary
Specialist insurer Beazley has received the go ahead to convert its Dublin-based reinsurance company into an insurance company.
Dive In to delve into the 'Diversity Dividend'
The 'Diversity Dividend' is the theme of the third edition of the Dive In festival taking place in September.
This Month in Post: General election, summer holidays and expert opinions
With another General Election looming, the insurance industry will likely be holding its breath on what the incoming government will make of the insurance premium tax, the Ogden rate and whiplash reform.
Empty shells or letter boxes ‘not acceptable’ post-Brexit subsidiaries, EU regulator says
Insurers looking to set up a post-Brexit base in the European Union will need to ensure their relocation plans have the proper supervision, the chairman of the European insurance watchdog has said.
In Depth: The GDPR time bomb
The implementation date of the General Data Protection Regulation is less than a year off but the industry’s attention is elsewhere, with issues like Brexit, the General Election and the discount rate looming large on the horizon
Interview: Andrew Horton, Beazley
Beazley CEO Andrew Horton speaks to Post about the company's UK, Europe and international expansion programme.
Beazley to open Birmingham office to tap into regional market
Beazley will open an office in Birmingham with 100 staff to target the intermediated regional market.
Lloyd's insurers join forces to form political risk consortium in Asia
Beazley, Chaucer and Talbot have joined forces to form a political risk consortium in Asia offering increased capacity for a wide range of political and contract frustration risks.
Beazley posts 2% drop in gross written premium
Insurer Beazley has reported a 2% drop in gross premium written in the three months to the end of March 2017.
Beazley to open Barcelona office in Europe expansion
Beazley has launched its Europe expansion with the opening of a Barcelona office.
Brexit: The location game
With Brexit negotiations now launched, insurers are taking steps to secure their access to the European market. How many will follow Lloyd's to Belgium?
LMA adds five to board
Five C-suite level executives have been elected to the Lloyd’s Market Association board.
Cyber regulation: Cyber’s new rules
The tightening of data regulation next year could drive demand for cyber cover and, with the reporting of breaches becoming compulsory, it may help underwriters price this new risk ever more accurately
Beazley acquires Creechurch Underwriters
Beazley has expanded its Canadian footprint with the acquisition of specialist managing general agent, Creechurch Underwriters.
Beazley posts 3% profit boost thanks to strong investment returns
Beazley reported a 3% increase in full-year pre-tax profits of $293.2m (£234m) thanks to strong investment returns and a benign claims environment.
Beazley handled 2000 data breaches last year
Beazley managed nearly 2000 data breaches for its clients last year, with a third of those breaches from hacking or malware.
Roundtable: Health and cyber crime: Cyber crime against the healthcare sector
With cyber crime the fastest growing criminal activity in the world, attacks on healthcare providers are becoming more prevalent. Post, in association with Kennedys, hosted a roundtable to find out the scale of the threat – and what the industry can do…
Beazley investor sells £2.34m shares
A major shareholder in Beazley has disposed of £2.34m of shares in the company.
This week: Elections, new woes and results
This week was an historic week for the world as it watched Americans choose their 45th president.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Advent launches 'bespoke' underwriting unit
Lloyd’s insurer Advent has announced the launch of a bespoke products underwriting unit.
Beazley increases cover for environmental risk
Beazley has doubled its environmental risk capacity to £50m with the new Beazley Elements consortium at Lloyd’s.
Asia C-Suite: Singapore's timely cyber action
Gavin Hayes, head of Asia-Pacific at Beazley, welcomes the Singapore government's attempts to clampdown on cyber risks.