Directorate Changes

RNS Number : 0606A

Beazley PLC

24 May 2019

 

Beazley plc

London 24 May 2019

Directorate changes

Further to the Company's announcement on 17 January 2019, the board is delighted to announce that at its meeting held on 23 May 2019, Sally Lake was appointed as a director of the Company. She replaces Martin Bride as the group finance director. Martin stepped down from the board at the conclusion of its 23 May 2019 meeting and will retire from Beazley on 31 August 2019.

As the Company also previously announced, Angela Crawford-Ingle will be standing down from the board at the conclusion of the 2018 accounting year and when the handover to her successor is complete. This will be on 31 May 2019.

As announced on 10 April 2019 John Reizenstein will succeed Angela Crawford-Ingle as chair of the audit and risk committee and this will take effect on 31 May 2019.

Beazley's chairman David Roberts said "I am delighted to welcome Sally to the Beazley plc board. The board is immensely grateful to Martin for his 10 years of service and great contribution to Beazley and its growth and we wish him well in his retirement. The board also thanks Angela for her tremendous contribution and wishes her well."

There are no details to be disclosed pursuant to Rule 9.6.13R of the Financial Conduct Authority's Listing Rules.

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 2018, underwrote gross premiums worldwide of $2,615.3 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, cyber, 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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