Beazley Group PLC
03 October 2006
3 October 2006
Press Release
Beazley opens office in France
London, 3 October, 2006 - Beazley Group plc (BEZ.L) has today opened its first
office in France. The new Paris office reflects the company's strategic goal to
offer the best possible service to its growing number of French clients and to
build its business in one of Europe's most dynamic insurance markets. Beazley
has been underwriting business in France for more than a decade.
Charlotte Lamidon, previously in senior roles at Zurich Financial Services and
at underwriting agency Anglo French Underwriters, brings extensive experience
and knowledge of the French market to lead the team of three underwriters. The
team will initially write Professional Indemnity and Financial Guarantee for
insurance brokers and financial intermediaries and expects to expand its product
range shortly.
Johnny Rowell, Head of Specialty Lines, said:
'The decision to open our doors for business in Paris emphasises our commitment
to fully support the needs of our local clients as well as providing them with
convenient access to our worldwide network of underwriters.'
Charlotte Lamidon, Senior Underwriter at Beazley, said:
'The risks run by French businesses and professions are evolving rapidly. With
the support of the Beazley global network of experts, we are now in a position
to offer a comprehensive local service to our clients in France, developing
products and services tailored to their specific needs.'
ENDS
For further information, please contact:
Beazley Group plc
Charlotte Lamidon T: +33 (0) 1 53 43 90 37
Finsbury
Simon Moyse
Amanda Lee T: +44 (0)20 7251 3801
Notes to Editors
Based in London, UK, Beazley Group, plc (BEZ.L), founded in 1986, and floated on
the LSE in 2002, is the parent company of global, specialist insurance
businesses with operations in the UK, US and Hong Kong. Beazley manages two
Lloyd's syndicates (Syndicate 2623 and Syndicate 623) with aggregate
underwriting capacity in 2006 of £830m (US$1.55bn). Both syndicates are rated A
by A.M. Best. In the US, Beazley's underwriters focus on writing specialist
insurance products in the admitted market, backed by Beazley Insurance Company,
Inc., an admitted carrier in all 50 states; and the Beazley syndicates at
Lloyd's. Beazley Insurance Company is rated A- by A.M. Best.
Beazley is a market leader in many of its chosen lines including professional
indemnity, commercial property, marine, reinsurance, and personal lines.
Beazley has written professional liability business in France for over ten
years.
For more information please go to: www.beazley.com
This information is provided by RNS
The company news service from the London Stock Exchange
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