Beazley underwrites first policies through Dublin
Written by staff reporter
Beazley has underwritten its first policies from its new Dublin-based insurance company, which was authorised in July. The company, Beazley Insurance, is rated A by AM Best.
The team is led by Gerard Bloom, head of international financial lines, who commented: “Beazley Insurance is open for business. We are building on our strong broker relationships in the UK, France, Germany and Spain to offer clients a choice of security from Beazley Insurance and our Lloyd’s syndicates. We will continue to hire experienced underwriters across our platforms in the UK and continental Europe to complement our existing teams in providing superior service to our brokers and clients for their January 1 renewals and beyond.”
The insurer has been developing a suite of financial lines products to expand its presence in selected European markets, including recently launching in the UK products for financial institutions that incorporate Beazley Breach Response cyber solutions. It has also launched a suite of management liability products in the UK and will be launching a full range of financial lines products for the Spanish market later this month.