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Beazley in new mid-market drive

Beazley has announced plans to begin underwriting commercial property business on an admitted basis from 19 February. The Lloyd's insurer said its aims to offer mid-sized clients service previously familiar only to the largest insurers.

The new business is headed by Mark Bernacki, who joined Beazley a year ago to lead the company’s move in the admitted property market. Beazley has been writing commercial property business on a non

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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