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Briefing: Tracking the Ardonagh Portfolio Solutions and Beazley deal


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Under the deal, the Beazley Smart Tracker (Special Purpose Syndicate 5623) follows pre-approved Lloyd’s leaders across placements in cargo, specie, terrorism, financial products, healthcare and marine
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Ardonagh unveils cross class follow capacity solution with Beazley


02-05-2018
Ardonagh Specialty has unveiled a cross class follow capacity solution in partnership with Beazley that will exclusively benefit Price Forbes clients across multiple classes.
The arrangement sees the Beazley Smart Tracker follow pre-approved Lloyd’s leaders across placements in cargo, specie, terrorism, financial products, healthcare and marine, with line sizes pre-determined across the portfolio.
The in-scope client portfolio across these lines is around $350 million, representing the first phase of delivery of meaningful dedicated follow capacity through Ardonagh Portfolio Solutions (APS). Ardonagh said it plans to broaden the scope and expand the line size offered in coming months.
Equinox, part of Price Forbes, manages the portfolio solution, which is integrated into internal systems to ensure ease of capacity deployment and constant accessibility. ....

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Ardonagh Specialty reveals capacity deal with Beazley

Ardonagh Specialty reveals capacity deal with Beazley
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Investegate |Beazley PLC Announcements | Beazley PLC: Beazley plc results for year end 31 December 2020


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. ....

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