Directorate Change

RNS Number : 6444I

Beazley PLC

22 March 2018

 

Beazley plc

London, 22 March 2018

Directorate Changes

Beazley plc announces that Neil Maidment will be retiring at the end of this year and will step down from the board on 31 December 2018. Neil has been with the company since 1990 and has been chief underwriting officer for the past 10 years. We are immensely grateful to Neil for his many contributions to the company, including his skill and dedication in guiding the development of Beazley's well-balanced underwriting portfolio. We wish him well for the future.

Adrian Cox, who has been running our largest business, specialty lines, since 2008, will succeed Neil as chief underwriting officer.

There are no matters requiring disclosure under Listing Rule 9.6.13.

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 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

 

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