Beazley expands Singapore cyber & technology capabilities

spike

Beazley has appointed Teck Siong Ng (pictured) as its first dedicated Singapore-based cyber & technology underwriter, reflecting its increased focus on risks across the Asia-Pacific region.

According to a statement from the specialist insurer, Ng joined Beazley in 2015 as a specialty lines underwriter, covering a range of risks including professional indemnity, directors & officers liability, healthcare, commercial crime and cyber. He also managed business development across Beazley’s specialty lines in the region.

Prior to joining Beazley, Ng spent 10 years in underwriting roles, most recently at Asia Capital Re, where he was business development team leader for Southeast Asia

Read More

Beazley gives boost to M&A underwriting team

spike

Beazley has expanded its mergers & acquisitions (M&A) team with five underwriting appointments, in a bid to provide better service in key markets and explore new opportunities.

Over the past few months, the specialist insurer has expanded its presence to Germany, Singapore and Denver, Colorado, in addition to its more established locations London and Atlanta, Georgia, it said in a statement.

In London, Lorraine Lloyd-Thomas (pictured left) and Cameron McCoy (pictured right) have joined the firm. Lloyd-Thomas joined from Marsh, where she spent 14 years, most recently as a managing director in Marsh’s UK private equity and M&A practice. She

Read More

Beazley reveals the impact of coronavirus on its Q1 results

spike

The question of how the coronavirus (COVID-19) pandemic will financially impact the insurance industry will start to become clearer as companies within the sector reveal their Q1 trading statements. Accompanying the release of global insurer Beazley Plc’s trading statement for the three months ended March 31, 2020,  a statement from CEO, Andrew Horton, highlighted the unprecedented nature of the events seen in the first quarter and noted that the impact of this pandemic is still being assessed. 

For Q1, gross premiums written by Beazley increased by 13% from US$743 million (around SG$1.06 billion) in 2019 to US$840 million (around SG$1.19

Read More

Beazley details the impact of coronavirus on its Q1 results

spike

The question of how the coronavirus (COVID-19) pandemic will financially impact the insurance industry will start to become clearer as companies within the sector reveal their Q1 trading statements. Accompanying the release of global insurer Beazley Plc’s trading statement for the three months ended March 31, 2020,  a statement from CEO, Andrew Horton, highlighted the unprecedented nature of the events seen in the first quarter and noted that the impact of this pandemic is still being assessed. 

For Q1, gross premiums written by Beazley increased by 13% from US$743 million (approx. £600 million) in 2019 to US$840 million (approx. £680

Read More