Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2010, underwrote gross premiums of $1,741.6 million. All Lloyd’s Syndicates are rated A (Excellent) by A.M. Best and also benefit from the Lloyd's chain of security.


Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.


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.


Beazley plc is incorporated in Jersey and tax resident in Ireland. It is listed on the London Stock Exchange .

History

Beazley Group began life in 1986 as Beazley, Furlonge & Hiscox, which was bought out by Andrew Beazley and Nicholas Furlonge in 1992. Since then the company has grown steadily in terms of the risks it covers, the clients it serves and its geographic reach. Beazley today is a mature insurance business with a well diversified portfolio. During this time Beazley has weathered some of the toughest times the Lloyd's

Lloyd's of London

Lloyd's, also known as Lloyd's of London, is a British insurance and reinsurance market. It serves as a partially mutualised marketplace where multiple financial backers, underwriters, or members, whether individuals or corporations, come together to pool and spread risk...

 market has seen in more than three centuries and its underwriting operations has an unbroken record of profitability. Andrew Beazley served as chief executive of the company until September 2008, when he was succeeded by Beazley Group’s current chief executive, Andrew Horton.

Products

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).

External links

• Official websiteCategory:Insurance companies of the United Kingdom