Beazley Group
 | |
| Public (LSE: BEZ) | |
| Industry | Insurance |
| Founded | 1986 |
| Headquarters | London, United Kingdom |
Key people | Andrew Horton (CEO) |
| Products | Life, accident & health, marine, political risks & contingency, property, reinsurance, professional liability, management liability, environmental liability |
| Revenue | $1,768.5 million (2014)[1] |
| $278.3 million (2014)[1] | |
| Profit | $217.8 million (2014)[1] |
| Website | www.beazley.com |
Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Asia, Middle East and Australia. Beazley manages six Lloyd's syndicates. All Lloyd’s syndicates are rated A (Excellent) by A.M. Best and also benefit from the Lloyd's chain of security. Beazley plc is incorporated in Jersey and tax resident in Ireland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
Beazley Group began life in 1986 as Beazley, Furlonge & Hiscox; Hiscox was bought out in 1992 and a full management buyout took place in 2001.[2] Andrew Beazley served as chief executive until September 2008 when he was succeeded by Andrew Horton.[3]
Operations
Beazley underwrites a diverse book of insurance and reinsurance business for clients worldwide. Beazley’s business is divided into six operating divisions: life, accident & health, marine, political risks & contingency, property, reinsurance and specialty lines (professional, management and environmental liability).
Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.
References
- 1 2 3 "Preliminary Results 2014" (PDF). Beazley Group. Retrieved 23 March 2015.
- ↑ "Beazley Syndicate Completes Management Buyout". Insurance Journal. 3 April 2001. Retrieved 8 April 2012.
- ↑ "David Andrew Hrton". Businessweek. Retrieved 8 April 2012.
