Board Changes

RNS Number : 4313U

Beazley PLC

24 October 2017

 

Beazley plc

London, 24 October 2017

Beazley plc Board Changes

Beazley plc announces the appointment of David Roberts as a non-executive director with effect from 1 November 2017. Mr Roberts has been Chairman of Nationwide Building Society since July 2015 and during his career has served as an executive director at Barclays Bank and Deputy Chairman at Lloyds Banking Group. Mr Roberts will take up the position of non-executive Chairman following the Annual General Meeting in March 2018, succeeding Dennis Holt who will step down from the board having served two full three year terms as Chairman.

Andrew Horton, Chief Executive of Beazley said: "I am delighted that David has joined the Beazley board and I along with the rest of the board are looking forward to working with him. David brings extensive financial services experience and throughout his career he has proven himself to be insightful and strategically adept."

Mr Roberts said: "I am very pleased to be joining Beazley plc. Beazley has an outstanding track record of delivering customer and shareholder value, and I look forward to working with the board and management team to continue this performance in the years to come."

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ), is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, and Asia. Beazley manages six Lloyd's syndicates and, in 2016, underwrote gross premiums worldwide of $2,195.6 million. All Lloyd's syndicates are rated A by A.M. Best. 

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

 

END

 

 

BOALIFSDILLSFID