Beazley is a lead market for both non-proportional and proportional specialty casualty reinsurance business.
Beazley has been writing specialty casualty treaty reinsurance since the late 1980’s. We look to build long-standing trading relationships with clients who can demonstrate their investment and expertise in their market segments, through strong underwriting and claims handling disciplines.
We make site visits to our clients to deepen relationships, investing time to understand their business strategies and ambitions, as well as their immediate reinsurance needs.
Our maximum line size is US $10 million or £7.5 million.
In a liability marketplace dominated by big brand generalists, we believe that there is an opportunity for the specialist insurer with the capabilities to bring a tailored approach to a specific class, exposure or industry. As business becomes more complex and new exposures and theories of liability emerge, the role of the specialised insurer becomes more relevant. Consistent with the Beazley approach we focus on claims made business or occurrence business with a controlled latency exposure.
The covered portfolios are typically:
Largely focused on the following cases:
We are also open to considering other specialty classes and structures. The portfolio is currently weighted 80% to working layer risk excess and catastrophe excess of loss protections, 20% to specialty quota shares.
Worldwide portfolio with a focus on North America, Continental Europe, Asia-Pacific, and Latin America.
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.