Beazley plc is the British parent company of specialist insurance businesses with operations in Europe, North America and Asia. The company is based in

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

, England, and is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a constituent of the

FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...

History

Beazley began life in 1986 as Beazley, Furlonge & Hiscox; Hiscox was bought out in 1992 and a full management buyout took place in 2001. Andrew Beazley served as chief executive until September 2008 when he was succeeded by Andrew Horton. Horton was succeeded by Adrian Cox in April 2021. In February 2024, Beazley announced the formation of an integrated cyber risk management company, Beazley Security, by merging its in-house Cyber Services team with Lodestone, its wholly owned cybersecurity company. In June 2024, Beazley Security introduced its portfolio of services, including a new managed

extended detection and response Extended detection and response (XDR) is a cybersecurity technology that monitors and mitigates cyber security threats. Concept The term was coined by Nir Zuk of Palo Alto Networks in 2018. The system works by collecting and correlating data a ...

(MXDR) service.

Operations

Beazley underwrites a diverse book of insurance and reinsurance business for clients worldwide. Beazley's business is divided into five operating divisions: Cyber Risks, MAP risks (Marine, Aviation and Political Risks), Property Risks, Specialty Risks and Digital. Beazley is a market leader in many of its chosen lines, which include professional indemnity, directors and officers, crime, healthcare, property, environmental liability, cyber liability, marine, reinsurance, accident and life, and political risks and contingency business. Beazley manages seven Lloyd's syndicates.

References

External links

Official website

Beazley Security website
{{Authority control Financial services companies established in 1986 Insurance companies of the United Kingdom Companies listed on the London Stock Exchange Companies in the FTSE 100 Index