Beazley Group

New EVP and General Counsel Brings Insurance Expertise, Governance Specialization, and Continued Commitment to Diversity to the Coaction Specialty Leadership Team

Retrieved on: 
Thursday, June 29, 2023
Insurance, Coveris, Health, EVP, PL, Suffolk University Law School, P&C, McKinsey & Company, Evergreen USA RRG, Growth, Commonwealth, Morale, SVP, Beazley Group, Management, Social facilitation

MORRISTOWN, N.J., June 29, 2023 (GLOBE NEWSWIRE) -- Coaction Global, Inc (Coaction) , a privately-held specialty insurance company, is pleased to announce Erin Brennan Bagley has joined the company as executive vice president and general counsel effective immediately.

Key Points: 
  • MORRISTOWN, N.J., June 29, 2023 (GLOBE NEWSWIRE) -- Coaction Global, Inc (Coaction) , a privately-held specialty insurance company, is pleased to announce Erin Brennan Bagley has joined the company as executive vice president and general counsel effective immediately.
  • Prior to joining Coaction, Bagley held executive leadership positions with Coverys and Beazley Group.
  • And, having started her career as a business litigator after graduating from Suffolk University Law School, she then spent four years as healthcare counsel to the insurance commissioner for the Commonwealth of Massachusetts.
  • “Erin Bagley is not only a brilliant insurance executive, she’s an accomplished team leader,” said Jonathan Ritz, CEO of Coaction .

Beazley USA Taps DRC's RS X Rating to Migrate Their Systems to the Cloud

Retrieved on: 
Wednesday, February 22, 2023
Azure, Beazley Group, System, Microsoft, DRC, Software, Microsoft Azure, P&C, Growth, Beazley, RS, Video game

RS X Rating allowed Beazley to separate their rating processes from servicing.

Key Points: 
  • RS X Rating allowed Beazley to separate their rating processes from servicing.
  • The digital shift to a cloud environment also created a more seamless and frictionless implementation of partner integrations.
  • The RS X rating engine was an integral part of the toolkit that enabled zero touch broker interactions and submissions," said Samata Tummala, Head of Technology (USA and Canada) at Beazley.
  • "This milestone achievement helps advance Beazley's Technology strategy of moving critical systems to cloud infrastructure," said Libby Davey, Global Chief Information Officer at Beazley.

Palisade Insurance Partners Launches Specialty Managing General Underwriter (“MGU”)

Retrieved on: 
Thursday, April 7, 2022
Insurance, Professional Services, Private law, Company, Risk, RWI, JLT, Beazley Group, LLC, Industry, MGU, International, AIG, Solution, Rep, Insurance, Palisade

Palisade Insurance Partners, LLC (Palisade or the Company), an independently operated specialty managing general underwriter (MGU), today announced the launch of its business to provide a range of contingent legal risk insurance and other specialty insurance products across the U.S. and International markets.

Key Points: 
  • Palisade Insurance Partners, LLC (Palisade or the Company), an independently operated specialty managing general underwriter (MGU), today announced the launch of its business to provide a range of contingent legal risk insurance and other specialty insurance products across the U.S. and International markets.
  • Headquartered in New York, Palisade specializes in underwriting litigation-related insurance, other contingent risks, and transaction insurance, including Rep & Warranty and tax insurance.
  • Palisade is led by President John McNally, a veteran insurance industry executive who most recently led NFPs Merger & Acquisition Risk Solutions Group focused on transaction insurance.
  • Palisade Insurance Partners (Palisade) is an independent MGU that specializes in underwriting litigation-related insurance, transaction liability, and other contingent risks, including contingent legal risk insurance, Rep & Warranty (RWI) and other specialty lines.

Charles Brooks and Christine LaSala join Sedgwick board of directors

Retrieved on: 
Thursday, October 28, 2021
CDPQ, University, Chubb Limited, Industry, Kemper Corporation, College, Risk assessment, Organization, Insurance, View, Beazley Group, Onex, Brooks, Accenture, Prudential Financial, Life, The Carlyle Group, Strategic planning, Technical, Johnson & Higgins, CEO, Aetna, Growth, Multimedia, Sedgwick, Health, Columbia University, Colleges and Schools of North Carolina Agricultural and Technical State University, Traveler, Mercedes de Lasala de Riglos, Army of the United States, Fordham University, Management

MEMPHIS, Tenn., Oct. 28, 2021 /PRNewswire/ -- Sedgwick , a leading global provider of technology-enabled risk, benefits and integrated business solutions, announced the appointment of veteran industry executives Charles Brooks and Christine LaSala as independent members of its board of directors.

Key Points: 
  • MEMPHIS, Tenn., Oct. 28, 2021 /PRNewswire/ -- Sedgwick , a leading global provider of technology-enabled risk, benefits and integrated business solutions, announced the appointment of veteran industry executives Charles Brooks and Christine LaSala as independent members of its board of directors.
  • Throughout his career, Brooks has led strategic planning, operations and systems management initiatives with a focus on financial services.
  • LaSala has over 45 years of insurance industry leadership experience and is currently the senior independent director of the board of directors of Beazley Group and chair of its Remuneration Committee.
  • "Both Charles and Christine bring decades of experience to the Sedgwick board," said Dave North, Sedgwick executive chairman.

New Analysis from Global Industry Analysts Reveals Modest to Flat Growth for Logistics Insurance, with the Market to Reach $68.2 Billion Worldwide by 2026

Retrieved on: 
Wednesday, October 20, 2021
Aon (company), Players, Internet, Liberty Mutual, Intelligence, CAGR, Swiss Re, COVID-19, Marketing, Insurance, Growth, Geography, Aviation insurance, SAN, Research, Assuranceforeningen Gard, Beazley Group, GIA, Marine insurance, Forecasting, Pharmaceutical industry, Pet

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Logistics Insurance - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Logistics Insurance - Global Market Trajectory & Analytics" .
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • The U.S. Market is Estimated at $17.7 Billion in 2021, While China is Forecast to Reach $12.4 Billion by 2026
    The Logistics Insurance market in the U.S. is estimated at US$17.7 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Amwins Global Risks enhances leadership team with new senior hires

Retrieved on: 
Thursday, September 16, 2021
Knowledge, Savitri Hensman, Lloyd's of London, Aon, Insurance, International, Business administration, QBE, Delegate, Delegated authority, Beazley Group, Financial services, Management

As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.

Key Points: 
  • As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.
  • Hensman joins Amwins Global Risks from Beazley where he most recently held the position of Head of Business Management.
  • In his new role, Hensman will help accelerate new and existing strategic initiatives at Amwins Global Risks as the business continues to grow.
  • She will bring a wealth of knowledge and expertise as Amwins Global Risks continues to build out its London platform.

Amwins Global Risks enhances leadership team with new senior hires

Retrieved on: 
Thursday, September 16, 2021
Knowledge, Savitri Hensman, Lloyd's of London, Aon, Insurance, International, Business administration, QBE, Delegate, Delegated authority, Beazley Group, Financial services, Management

As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.

Key Points: 
  • As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.
  • Hensman joins Amwins Global Risks from Beazley where he most recently held the position of Head of Business Management.
  • In his new role, Hensman will help accelerate new and existing strategic initiatives at Amwins Global Risks as the business continues to grow.
  • She will bring a wealth of knowledge and expertise as Amwins Global Risks continues to build out its London platform.

Newly formed digital business unit to lead transformative tech-led strategy for Beazley

Retrieved on: 
Friday, February 26, 2021
Actuarial science, Insurance, Reinsurance, Fantozzi, Underwriting, Beazley Group

London, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has unveiled a new digital business unit to spearhead a transformative approach to how the company develops, underwrites and delivers seamless, intuitive digital insurance solutions for clients and brokers.

Key Points: 
  • London, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has unveiled a new digital business unit to spearhead a transformative approach to how the company develops, underwrites and delivers seamless, intuitive digital insurance solutions for clients and brokers.
  • As head of the digital business unit, Ian Fantozzi will remain as Beazleys Chief Operating Officer, a role he has held for more than nine years, until a successor is appointed.
  • Ian Fantozzi said: Beazley's digital business unit represents a natural progression for Beazley that will enable us to leverage digital technology to deliver enhanced value to brokers and clients alike and to re-imagine the insurance relationship and value chain.
  • Beazley is a market leader in many of its chosen lines, whichinclude professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.

Beazley launches cyber and financial lines insurance offering in Colombia

Retrieved on: 
Monday, July 20, 2020
Types of insurance, Insurance, Finance, Beazley Group

London, July 20, 2020 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has launched a suite of innovative cyber and financial lines insurance products to protect against the risks facing businesses and senior executives in Colombia.

Key Points: 
  • London, July 20, 2020 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has launched a suite of innovative cyber and financial lines insurance products to protect against the risks facing businesses and senior executives in Colombia.
  • Beazley is also rolling out its extensive set of financial lines insurance policies that protect businesses against complex risks in an increasingly litigious environment.
  • The launch of Beazleys information security & cyber and financial lines products will strengthen Beazleys existing offering in Colombia, which includes jewellers block, fine art & specie, terrorism, property catastrophe, property risk and surety.
  • Beazleys 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 Completes Guidewire London Market ECF Integration

Retrieved on: 
Tuesday, June 30, 2020
Consulting, Data management, Technology, Professional services, Software, Other Professional Services, Networks, Audio, Video, Internet, Insurance, Mobile, Wireless, ECF, Beazley Group, Sollers Consulting, Guidewire

ClaimCenter is now fully integrated with the London Market Electronic Claims File Write-Back (ECF).

Key Points: 
  • ClaimCenter is now fully integrated with the London Market Electronic Claims File Write-Back (ECF).
  • Beazley has worked closely with Guidewire to add ECF Write-Back to Guidewires London Market claims functionality.
  • The ECF Write-Back production release was the final step of our reimplementation programme, said Steve Flood, Group Claims Platform Lead, Beazley.
  • Being one of the very first in the market with Guidewires ECF Write-Back integration offered us an opportunity to contribute to the development of the industry standard.