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Newly formed digital business unit to lead transformative tech-led strategy for Beazley
Beazley GroupFebruary 26, 2021 GMT
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.
Existing digital initiatives and platforms created to further Beazley’s digital capabilities will now be led by a multi-disciplinary team headed up by Ian Fantozzi that will build on Beazley’s strong foundations in e-trading. This will include enhancing the capabilities and reach of online platform myBeazley as both broker expectations for frictionless trading, and Beazley’s suite of specialist products that can be efficiently traded digitally, continue to grow.
Note to editors: Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America and Asia. Beazley manages six Lloyd s syndicates and, in 2020, underwrote gross premiums worldwide of $3,563.8 million. All Lloyd s syndicates are rated A by A.M. Best. Beazley s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd s.