We are a specialist insurer with three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. All our insurance businesses are rated A (Excellent) by A.M. Best.
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.
Our people and culture
We've always had a different approach to insurance. We expect exceptional. We're driven by entrepreneurial spirit and we work in a flat, open and collaborative environment. Our people think differently, share ideas, anticipate problems and act decisively, bringing our clients the benefit of foresight.
Our management team is made up of people who are experts in their respective disciplines, supporting the creation of a strong, well diversified business.
We want to use our expertise, influence and passion as a force for good in our local communities and the wider world.
From designing products that do good for society to volunteering in our local communities - we are passionate about being a responsible business.
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 we cover, the clients we serve and our geographic reach. Beazley today is a mature insurance business with a well diversified portfolio.
Began trading at the 'old' 1958 Lloyd's building in 1986
Beazley Furlonge & Hiscox established and takes over managing Syndicate: 623
Specialty lines and treaty accounts started
UK windstorms $3.5bn
European storms $10bn
Commercial property account started
US hurricane Andrew $17bn
UK Bishopsgate explosion $750m
Corporate capital introduced to Lloyd's
US Northridge earthquake $12.5bn
Lloyd's Reconstruction and Renewal introduced
APUA, based in Hong Kong, forms a strategic partnership with Beazley Furlonge
Lloyd's Reconstruction and and Renewal concluded
Recall, contingency and political risks accounts started
Marine account started
European storms $12bn
Management buyout of minority shareholders
EPL and UK PI accounts started
US 9/11 terrorist attack $20.3bn
Flotation raised £150m to set up Beazley Group plc
D&O healthcare, energy, cargo and specie accounts started
SARS outbreak in Asia $3.5bn
Construction & engineering account started
Beazley MGA started in the US
Beazley acquires Omaha P&C and renames it Beazley Insurance Company, Inc. (BICI)
US hurricanes Katrina, Rita and Wilma $101bn
Beazley in Hong Kong takes full ownership of APUA and renames it Beazley Limited
Expansion of construction & engineering team into Singapore
Beazley opens new office in Paris
Beazley opens new office in Munich
Political risks & contingency/ Accident & life group formed as new division
Acquisition of Momentum Underwriting Management
Acquisition of First State Management Group, Inc., a US underwriting manager focusing on surplus lines commercial property business
Beazley plc becomes the new holding company for the group, incorporated in Jersey and tax resident in Ireland
Beazley Re dac established to underwrite reinsurance business from Dublin
Andrew Beazley, co-founder of Beazley Group and chief executive until September 2008, dies at the age of 57
Beazley opens new office in Oslo
Special purpose syndicate 6107 formed to grow reinsurance business
Deepwater Horizon explosion triggers biggest oil spill in history
Launch of the Andrew Beazley Broker Academy
Nick Furlonge, co-founder, retires as an executive member but becomes a non-executive of Beazley Furlonge Limited
Beazley remains profitable in worst year ever for insured natural catastrophe losses
Political risks & contingency expands into French market
Superstorm Sandy $25-30bn
New offices launched in Miami and Rio to service growing markets in Latin and South America.
Beazley Flight - comprehensive emergency evacuation - cover launched
Beazley data breach cover extended in Europe. 1,000th breach managed
Middle East office opened to access local political risk and violence, terrorism, trade credit and contingency business
Space and satellite insurance account started
Locally underwritten US business grows 19% to $537.0m
Entered into a reinsurance agreement with Korean Re
US underwritten premium grows by 21%
Beazley welcomes its 1,000th employee globally
Partnered with Munich Re to offer expanded cyber cover of up to $100m
Acquired Leviathan and the Marketform team
Entered five year partnership with the Design Museum to showcase breakthrough designs from around the world