Beazley’s ambitious growth agenda across Europe will be led by experienced insurance leader, Fred Kleiterp
Beazley, the leading specialist insurer, has appointed Fred Kleiterp as European General Manager, as it continues its ambitious growth across Europe. Mr Kleiterp will lead Beazley’s expanding teams, which are located across the continent. Reporting to Adrian Cox, CEO, he will join the company on 1 June 2023 and become a member of the Executive Committee.
Mr Kleiterp’s appointment is a further step in Beazley’s ongoing investment in the development of its European business. With a significant programme of growth planned, the appointment further builds out the management structure of a business that today boasts offices in five countries, giving brokers access to specialist underwriting in classes as diverse as cyber and aviation.
Adrian Cox, CEO Beazley, said: “Beazley sees excellent opportunities to expand our specialist insurance offering to brokers and their clients across Europe. Fred Kleiterp is highly experienced in growing underwriting businesses in both Europe and Asia Pacific and underpins his growth track record with a focus on operational excellence that brokers and their clients rightly expect. The investment we have already made across Europe has created a successful and effective launchpad, which I believe under Fred’s leadership will develop in both scale and pace and I’m looking forward to this exciting next phase in Europe.”
Fred Kleiterp, was latterly CEO for EMEA at Swiss Re Corporate Solutions, having previously led the division’s Asia Pacific operations and holding a number of senior positions in a more than twenty year career with the reinsurer. He started his career in insurance with Atradius in the Netherlands.
Fred Kleiterp, commented: “Beazley’s reputation as a specialist insurer is well known and combined with its focus on underwriting excellence and its ambitions to grow, I believe we have an outstanding opportunity across Europe. I am looking forward to getting started and working with the team.”
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Note to editors:
Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd’s syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9m. All Lloyd’s syndicates are rated A by A.M. Best.
Beazley’s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd’s.
Beazley’s European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.
For more information please go to: beazley.com