Specialist insurer Beazley today announced the launch of its streamlined Miscellaneous Medical Liability insurance product (“MiscMed”) to both the U.S. and London markets.
Tag: specialist insurer
Beazley Launches Lloyd’s First ESG Syndicate
Specialist insurer, Beazley has received in principle approval from Lloyd’s to establish Syndicate 4321 from January 1, 2022. Once fully approved the syndicate will focus exclusively on offering additional capacity to businesses that perform well against ESG metrics and will be led by Will Roscoe, Head of the Market Facilities Division. Syndicate 4321, which has… Continue reading Beazley Launches Lloyd’s First ESG Syndicate
Beazley Invests in Hong Kong Coverholder Pegasus
Specialist insurer Beazley is making a strategic investment in Hong Kong-based coverholder, Pegasus Underwriting Limited. The investment will see Beazley become a 30% shareholder in Pegasus. Beazley began working with Pegasus in January 2019 under an arrangement that combined the coverholder’s knowledge of the market and its strong broking relationships with Beazley’s global expertise in… Continue reading Beazley Invests in Hong Kong Coverholder Pegasus
Markel Sells its Insurance Operations in Brazil
Markel International, the specialist insurer, has announced that it has sold its insurance operations in Brazil to its existing executive team. Markel Seguradora do Brasil, S.A. (“Markel Seguradora”) is authorised to operate in the direct insurance market in various classes throughout Brazil. With its main focus on the agricultural business, the company has become a… Continue reading Markel Sells its Insurance Operations in Brazil
Beazley Expands Environmental Liability Claims Capabilities
Specialist insurer Beazley has hired Cal Spessard to head the team responsible for handling claims arising from the company’s fast growing environmental liability business. Mr. Spessard joins Beazley from environmental risk management specialists WCD Group, where he served as director, claims and litigation services. Prior to joining WCD in 2016, he held a series of… Continue reading Beazley Expands Environmental Liability Claims Capabilities
Markel’s Part VII Transfer for EU Business Gets Approval
Specialist insurer Markel International has completed the transfer of the EU business of its London-based insurer, Markel International Insurance Company Limited, to its German insurer, Markel Insurance SE (MISE). Markel formed MISE in July of last year to ensure continuity for clients in light of the UK’s vote to leave the European Union (EU). After… Continue reading Markel’s Part VII Transfer for EU Business Gets Approval