Directorate Change

RNS Number : 5259M

Beazley PLC

22 January 2021

 

Beazley plc

London 22 January 2021

Directorate changes

Beazley plc announces that Sir Andrew Likierman will be standing down from the board at the conclusion of the company's AGM on 26 March 2021 following the completion of his second three-year term in line with standard succession requirements. It is intended that Sir Andrew will be succeeded by Christine LaSala as Chair of the Beazley plc Remuneration committee.

In addition, Beazley plc announces that John Sauerland will be standing down from the board at the conclusion of company's AGM.

Beazley's chairman David Roberts said "The board is immensely grateful to Sir Andrew for his service and great contribution to the company and its strategy during his tenure. The board also wishes to thank John for his valuable contribution, especially in regard to the US insurance market which is the largest growth area for the company. The board wish them both well for their future endeavours."

There are no details to be disclosed pursuant to Rule 9.6.13 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, North America, Latin America and Asia. Beazley manages six Lloyd's syndicates and, in 2019, underwrote gross premiums worldwide of $3,003.9 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's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber liability, 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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