Beazley worldwide

 


UK

Since Beazley began business in 1986 in a small office in Fenchurch Street in the City of London, we've grown steadily in many ways. Our principle UK location is in London, at Plantation Place South, from where both our Lloyd's managing agency and the syndicates are run. We also have satellite offices in Birmingham, Ipswich, Leeds and Manchester.

 

Beazley is a proud participant in the Lloyd's market, the largest and oldest insurance market in the world. Through the Lloyd's broker network and the market's trading licenses, we are able to access a wide range of insurance and reinsurance businesses from around the world. 

 

Many of the lines of business we underwrite, such as marine and energy insurance, political risks insurance, and contingency insurance, were either pioneered or specifically developed as insurance classes at Lloyd's.

 

US

Beazley has been underwriting US risks since the company's formation in 1986.  Today, the bulk of our US business continues to be underwritten in London by our Lloyd's underwriters, but we also have a rapidly growing local presence in the United States. We opened our first US office in Farmington, CT in 2004 to underwrite professional and management liability insurance on a surplus lines basis. Through our A rated admitted carrier, Beazley Insurance Company, Inc., we are also underwriting an increasing volume of business - including management liability, professional liability, and commercial property - on an admitted basis.

 

The goal of our US operations has been to offer US retail and wholesale brokers and their clients a level of expertise and responsive service that is not always easy to obtain in the existing domestic market, particularly for mid-size and small risks. Like our Lloyd's operations, our US business is run on a non-hierarchical, non-bureaucratic model that empowers our experienced underwriters to make rapid decisions. The tagline for our US corporate advertising - STRAIGHT ANSWERS - reflects this.

 

Our claims service similarly relies on highly experienced experts working within a non-bureaucratic structure. As in London, our US Specialty Lines claims professionals work alongside their underwriting colleagues as members of integrated teams.

 

France

Beazley has been underwriting French risks for more than 10 years. In 2006, our presence in France was strengthened by opening a branch in Paris, enabling us to offer an improved local service to our French clients and their brokers.

 

The team in Paris specialises in professional indemnity and financial guarantee risks. Our preferred lines of business are the non-regulated and regulated professions, in particular insurance and financial intermediaries (including banking agents, tied agents and independent financial advisers) as well as non-regulated service providers, surveyors, real estate experts and driving schools.

 

To access our French website go to www.beazley.fr

 

Germany

Our Munich office opened in October 2008 to service brokers and clients in Europe's centre of reinsurance.  A dedicated reinsurance underwriter heads the office, whose focus is on European business that does not traditionally come via the wholesale channels to London, echoing the strategy we have adopted with our US primary business.

 

Hong Kong

We have had a presence in Hong Kong through Asia Pacific Underwriting Agency (APUA) since it opened in 1997, taking full ownership in 2006 and renaming the company Beazley Limited. Our team in Hong Kong underwrite professional liability risks as part of a range of specialty lines products.  A marine underwriter joined the team in mid 2009 to focus on cargo coverage and to grow our Asia cargo account.

 

Singapore

Our Singapore office opened in 2006. The highly experienced team underwrites all classes of engineering and construction insurance and reinsurance for the Asia Pacific region. In 2008, the team expanded with the addition of two underwriters specialising in Political, Trade Credit, Terrorism and Contingency risks.  The branch in Singapore was further strengthened with the hiring of an additional senior underwriter writing Property risks from 2009.

 

Australia

Our Brisbane office underwrites personal accident risks in conjunction with the Life, Accident & Health division based in London.  In June 2010 the team was joined by an underwriter specialising in writing Contingency risks, enhancing existing broker relationships by offering local expertise.

 

Norway

In April 2010 we opened our Oslo office to service energy business.  The operation is complementary to our Lloyd's offering and our local presence allows us to bring our specialist knowledge to the Scandanavian market, strengthening our position.