Beazley celebrates double award win
Beazley is proud to have been named Risk Carrier of the Year and to have won Launch of the Year at the Insurance Insider Honours awards held yesterday (6th September 2018).
Risk Carrier of the Year recognised Beazley's successful growth and specialist product innovation during a challenging year for the insurance industry as a whole, resulting in strong 2017 financial results for the company.
Launch of the Year was awarded for Beazley Smart Tracker (BST) special purpose syndicate 5623. BST aims to provide customers in the London market with more efficient insurance solutions and investors with access to lower volatility market average returns. Syndicate 5623 serves as a Lloyd's market 'smart tracker,' writing a Lloyd's market-wide portfolio of business at a competitive loss ratio and benefitting from a lean and efficient operating structure.
Beazley chief executive Andrew Horton welcomed the awards as "testament to the skills and creativity of our people around the world and to our determination at Beazley to play a major role in the continuing success of the London insurance market."