Key facts

 

2008 Premium Capacity £814m
Syndicate 2623 £656m
Syndicate 623 £158m
Syndicate 2623/623 A.M. Best Rating            A (Excellent)
Beazley Insurance Company, Inc. A.M. Best rating   A (Excellent)
Lloyd's Standard & Poor's rating A+ (Strong)

 

 

  • Beazley was founded in 1986 by Andrew Beazley and Nicholas Furlonge
  • Most of the Beazley management team has worked together since 1993
  • Beazley has consistently returned a profit in every closed year of account since inception in 1986
  • Beazley Group is a publicly quoted company on the London Stock Exchange (BEZ) having floated in November 2002
  • Beazley employs around 480 staff (as at January 2008) worldwide
  • In 2007 Beazley made a pre-tax profit of £138.5m
  • Beazley's managed syndicates are among the leading syndicates at Lloyd's and are backed - like all syndicates - by the Lloyd's chain of security. Lloyd's is rated A+ (strong) by Standard & Poor's and A (Excellent) by A.M. Best
  • Beazley began underwriting business locally in the United States in 2005 and, in 2007, wrote gross premiums of $175m through its US operations