A director at Beazley maiden bought 10,000 shares at 779p and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...
Beazley and Assureful launch industry first usage-based liability insurance for e-commerce businesses The market’s first direct digital distribution of usage-based liability insurance, uses cutting-edge data science techniques to make it happen London, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has partnered with Assureful to offer the industry’s first, usage-based liability insurance solution for e-commerce companies. Assureful, which worked with Beazley’s Incubation Underwriting team to create this new insurance solution has also been appointed a Lloyd’s Coverholder....
Beazley’s latest Cyber Services Snapshot research reveals fraudulent instruction claims are on the rise New report examines cybersecurity asset management vulnerabilities, and addresses need for proactive asset management to support detection and response capabilities London, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Fraudulent instruction as a form of cyber attack is on the rise according to data released today in Beazley’s new Cyber Services Snapshot report. In addition to insights from professionals on the front line of Beazley’s incident response teams, the report features data gathered b...
Beazley research highlights that digital health & wellness providers may be operating without effective protection in place Global survey reveals 99% of digital health firms anticipate growth, but almost 80% do not have an insurance policy tailored to the specific risks they face, despite claims spiking by 50% in the past year. London, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Beazley has today published the second edition of its report, , which examines changing attitudes to risk and insurance among digital health and wellness leaders in North America, Asia, the UK and Europe.[1] Key findin...
Beazley Cyber Services Snapshot reveals increasing threats of data exfiltration as extortion techniques evolve First in a series of regular reports shows that the cybersecurity threat is persistent London, July 12, 2022 (GLOBE NEWSWIRE) -- Cyber risk remains a persistent threat to organizations with no appreciable change in incidence, but a new sophistication in threat actors’ approach is emerging, according to data released by Beazley today in a new report. The inaugural Beazley a deep dive into the growing issue of data exfiltration, exploring the myriad ways that extortion is evol...
BEAZLEY (GB), a company active in the Property & Casualty Insurance industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date February 15, 2022, the closing price was...
Beazley further expands Deadly Weapons Protection and Safeguard team in US Nisar Siddiqui joins specialist insurer as Production Underwriter New York, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Beazley has appointed Nisar Siddiqui as Production Underwriter – Deadly Weapons Protection (DWP) and Safeguard in the USA, underpinning the specialist insurer’s commitment to expanding its DWP and Safeguard books, and further expanding its reach in the United States. Nisar joins Beazley from Donyati LLC, where he provided strategic advisory services to clients in various (re)insurance functions. He bega...
Beazley hires medical professional liability expert Joseph Washington Insurer opens distribution for Hospital Professional Liability in the US Farmington, CT, Nov. 17, 2021 (GLOBE NEWSWIRE) -- As specialist insurer Beazley moves to expand its Hospital Professional Liability portfolio in the United States, Joseph Washington has been appointed Underwriter for US Hospitals, beginning his role on Monday, November 15 2021. Joseph is the first step in the expansion of the US Hospitals product in the US, and he will be instrumental in the development of future team growth. With over 25 years...
Beazley rolls Product Recall insurance out to the Canadian market The insurer expands its portfolio in Canada with specialist Product Recall solution Toronto, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Beazley launched its Product Recall product offering to the Canadian market today – the latest specialty insurance product in its expanding portfolio in Canada. The new range includes coverage for three different product offerings and will be available throughout Canada. Expert underwriter Evan Pollock joined Beazley as Lead Product Recall Underwriter last month, bringing with him a wealth of ex...
Lodestone Security expands operations into Europe and opens office in London Adam Harrison to join expanding cyber defence group London, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Lodestone Security, a leader in cyber defence and incident response in the US, is expanding its global reach by opening an office in London. Adam Harrison joins the group as Managing Director of Lodestone Security UK. The move underlines the business’ commitment to international expansion, building on its success in the US. Established in 2017 by Beazley, Lodestone was created in response to the increasing need for...
Beazley launches Lloyd’s first ESG syndicate Syndicate 4321 has received Lloyd’s in principle approval to start underwriting from 1 January 2022. London, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Specialist insurer, Beazley has received in principle approval from Lloyd’s to establish Syndicate 4321 from 1 January 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 been established under the Lloyd’s Synd...
Beazley appoints industry veteran as Chief Underwriting Officer Beazley has appointed Bob Quane as its new CUO London, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Beazley has announced the appointment Bob Quane as its new Chief Underwriting Officer (CUO), subject to regulatory approval. Quane, an industry veteran, with over 30 years of underwriting leadership experience, moves from AXIS Capital where he was CUO of the insurance segment. Based in New York, he will start his role on 11th October 2021. Adrian Cox, CEO of Beazley said: “Bob brings exceptional depth and breadth of experience across...
Beazley announces new Global Head of Cyber Services Specialist insurer Beazley has named Raf Sanchez as its new Global Head of Cyber Services London, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Sanchez, currently International Manager of Beazley Breach Response Services, assumes his new Global Head of Cyber Services role on the 1st October, and joins the Global Cyber & Tech Management Team. He will continue to be based in London. Beazley is a market leader in cyber insurance, and Sanchez has been integral to the development of Beazley’s breach response services, which are a key element of the ...
Beazley research shines a light on attitudes to technology risk and resilience since the pandemic Cyber threat causes most concern for businesses, with US executives feeling more prepared to handle this risk than their peers in the UK London, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Specialist insurer Beazley’s new report ‘ reveals that a range of technology risks top executives’ risk radars on both sides of the Atlantic since the pandemic hit.* The report, the latest in Beazley’s Risk & Resilience series, looks at how the Covid-19 pandemic is the biggest catalyst of operational and strateg...
Beazley appoints new head of US Cyber & Tech New York, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has appointed Patricia Kocsondy as Head of US Cyber & Tech. Kocsondy, a highly experienced cyber underwriter and manager, comes from Chubb, where she served as senior vice president, errors & omissions (E&O) and cyber underwriting, for Chubb Limited’s North American Financial Lines. In her previous role, she was responsible for strategic leadership and direction, portfolio management, product development and underwriting strategy, extending over a broad span of Chubb’s ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Beazley promotes Florian Beerli to head newly formed Specialty Risks & US Programs team New division to accelerate innovation of future insurance solutions Farmington, CT, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has named Florian Beerli as the head of the newly named Specialty Risks & US Programs team. In addition to his new responsibilities, Florian will remain global lead for Product Recall. Within Specialty Risks & US Programs is a suite of products that are niche by nature, and that require wide underwriting and claims expertise in order to navigate the nuance...
Time for a service rethink: Beazley research reveals businesses’ changing expectations of insurance partners Farmington, CT, July 15, 2021 (GLOBE NEWSWIRE) -- A new report from specialist insurer Beazley, published today, highlights that clients’ service expectations of their insurance partners are increasing. In addition to financial protection, they are looking to their insurance partners to provide them with more risk insight, risk management-related services and flexible coverage that better meets their business’ changing needs. The findings are based on research commissioned by Be...
Beazley introduces greater flexibility and coverage enhancements into pioneering Virtual Care insurance policy Digital health and wellness businesses in the US gain added protection and risk management for bodily injury and cyber risks. Farmington, CT, July 14, 2021 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has enhanced its pioneering Virtual Care policy, which provides comprehensive protection against the interconnected risks facing digital health and wellness organizations. First launched in the US in 2017 to support the expanding telehealth sector, demand for Virtual Care cove...
Troy Dehmann joins Beazley as Chief Operating Officer London, July 13, 2021 (GLOBE NEWSWIRE) -- Beazley has appointed Troy Dehmann as Chief Operating Officer (COO) with immediate effect. Troy brings more than 20 years of leadership experience in finance, operations and business transformation within the financial services sector. Most recently he was Global COO for Finance Operations and Core Finance at HSBC. Troy spent almost seven years at HSBC in London, with roles also including Global COO of Business Finance and Global Head of Cost Management. Before joining HSBC, Troy held sever...
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