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.
Over three decades Beazley has evolved from a specialist Lloyd's syndicate transacting business exclusively from the Beazley "box" at Lloyd's in London to a global insurer with offices in Europe, Asia, and across North America. Click on a highlighted continent to learn more about our presence in that part of 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.
Beazley's board of directors comprises individuals with broad business experience both within and beyond the insurance industry. They regularly review the progress of Beazley's key strategic initiatives and interact closely with the company's divisional heads and other members of the executive team.
Beazley’s client base is broadly diversified by type, by size and by geography. It is a leader in many of the markets in which it operates, providing insurance in 2019 for:
- 22 of the top 50 Architectural and Engineering design firms as
ranked by Engineering News-Record
- Over half the AmLaw 100 list of top US law firms and 80%
of the UK Magic Circle law firms
- Over a third of the top 25 global software and software services companies as ranked by Software Magazine
- Over 500 of the world’s foremost upstream and midstream
oil and gas companies
- Half of the UK’s jewellers’ block business
- 6 out of 20 honor roll hospitals listed by US News and World
Report 2019-20 and 2 out of 10 paediatric honor roll hospitals
- 25% of HealthGrades America’s 100 best hospitals.
When complete in 2020 the Jeddah Tower will be the world’s tallest building. We are proud to have insured both the architects and the structural engineers responsible for the Jeddah Tower and many other pioneering designs.
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
Beazley Insurance dac acquires licence to write business within the EU
Beazley opens a new office in Barcelona and acquires Creechurch Underwriters in Canada
Beazley closes Middle East office and sells Australian renewal rights
Hurricanes Harvey, Irma and Maria $90-95bn
Californian wildfires $10bn
Mexican earthquakes $2-5bn
US local written premium reaches $1bn, overall gross premiums written grow 12% during 2018
Neil Maidment retires as chief underwriting officer
Beazley closes Oslo office
Hurricanes Florence and Michael $11-14bn
Typhoons Jebi and Trami $10-12bn
Californian wildfires $9-15bn
Martin Bride retires as group finance director
Gross premiums written passes $3bn
Hurricane Dorian $4.5bn
Typhoons Faxai and Hagibis $15-25bn
Beazley Designs of the Year
Beazley is proud to partner with the Design Museum and to support the Beazley Designs of the Year. As a specialist insurer, we are well placed to understand the value of good design. We see first-hand the consequences when things go wrong and our products and services are expertly designed to help people and businesses when they most need help. Beazley Designs of the Year brings together the very best examples of design over the last year from around the world across six categories.