Beazley PLC is the British parent company of specialist insurance businesses with operations in Europe, the US, and Asia who manage six Lloyd's syndicates. Beazley plc is incorporated in the UK and is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Beazley are a specialist insurer with three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. All Beazley’s insurance businesses are rated A (Excellent) by A.M. Best credit rating agency. They are a market leader in many of its chosen lines of business which we discuss further below.
Specialising in both SME's and large corporates, Beazley has a wealth of underwriting knowledge to assist with identifying solutions.
With a highly regarded claims team in the insurance market, Beazley is able to provide a flexible and timely approach to settling claims.
With a brand appetite for a range of different risks, Beazley is able to provide cost-effective solutions to a wide range of businesses.
Beazley Group began life in 1986 as Beazley, Furlonge & Hiscox, which was bought out by Andrew Beazley and Nicholas Furlonge in 1992. Since then the company has grown steadily in terms of the risks we cover, the clients we serve and our geographic reach. Beazley today is a mature insurance business with a well diversified portfolio.
Over three decades Beazley has evolved from a specialist Lloyd's syndicate transacting business exclusively from the Beazley "box" at Lloyd's in London to a global insurer with offices in Europe, Asia, and across North America.
Beazley focus on markets where customised products, backed by expert service, are truly valued - often involving complex or challenging risks - and they design products from the ground up, keeping client's precise needs front of mind. Beazley provide some of the most innovative insurance products on the market, combining risk management, financial indemnity and tailored incident response services, to ensure that, when the worst happens, you can get back to doing what they do best, as quickly as possible.
Beazley's expertise, flexible policy limits and ability to provide cover to a wide range of business descriptions, makes them an insurer of choice.
Offering a value product, Beazley offers the opportunity to protect your businesses cyber risks and assistance in response to cyber breaches.
Beazley has developed a package of protection tailored for the specific needs of small businesses. Negligence and broad breach of contract cover. Intellectual property infringement including breach of copyright and trademark. Breach of confidentiality, right of privacy or publicity. Defamation including trade libel. Dishonesty of employees including for contractors that work exclusively for you.
Beazley has designed clear insurance to give directors and officers confidence that they have comprehensive protection against claims arising from their actions taken in corporate roles. Corporate governance reforms across the world in recent years have added significantly to the responsibilities of directors of companies. The legal landscape senior corporate individuals must navigate is therefore fraught.
Businesses must protect themselves on all fronts. With Beazley’s 360° approach, companies have access to a comprehensive set of solutions created to protect their business from the dangerous world of cyber risks. Malicious threats like zero-day malware, ransomware, spyware and scareware are on the rise but businesses can not ignore unintended disclosure and human error risks.
The media and entertainment industry is like no other and has distinct insurance requirements. Beazley have drawn on their wealth of experience in the sector to design a set of covers to match the needs of the range of business and practitioners that make up the industry – for example: advertising agencies, market research, public relations, producers, graphic designers, and event organisers.
Beazley is an expert in the healthcare sector and has created medical malpractice insurance cover for a wide range of organisations, both large and small, including corporate health providers; medical establishments; and individual healthcare professionals such as registered medical practitioners; supplementary medical practitioners; and complementary therapists.
Beazley are a specialist in the television and film industry. Broad coverage including: Libel and slander; Breach of confidentiality, privacy or right of publicity; Intellectual property infringement (e.g. copyright or trademark); Misappropriation of name or likeness; Infliction of emotional distress; Breach of licence; Misappropriation of ideas under implied contract; Up to 5 years' cover; Up to £10,000,000 limit available; Worldwide jurisdiction; Both individual and annual policies.