Beazley wins Reactions’ Insurer of the Year award for second year in a row
Beazley was honored to win both 'Insurer of the Year' and 'Global Achievement of a London Market Insurer or Reinsurer' at the 2016 Reactions London Market Awards. This is the second straight 'Insurer of the Year' win for Beazley. The Global Achievement award is in recognition of Beazley's continued, successful expansion in the United States.
David Benyon, editor, Reactions, said, "This year's Reactions London Market Awards judging panel was pleased to reward Beazley with a double win for the categories of Insurer of the Year and Global Achievement of a London Market Re/insurer.
"...Its US business has been a notable source of success, as well as broadening into medical and environmental risk products, its use of Lloyd's SPS, while it maintains a leading position in innovating cyber risk insurance covers.
"The judges commended the company for its recent results, which have shown strong capital and underwriting discipline. In a re/insurance market which has seen considerable M&A activity from foreign buyers, Beazley remains one of the London market's class acts."
Earlier this month, Beazley received awards for '2016 Cyber Risk Insurer Team of the Year', '2016 Cyber Risk Industry Person of the Year' for Europe (Paul Bantick) and the 'Cyber Risk Event Response Team of the Year' award for the third year in a row at the third annual Advisen Cyber Risk Awards in New York.