Beazley PLC Directorate Change (5259M)
January 22 2021 - 1:00AM
UK Regulatory
TIDMBEZ
RNS Number : 5259M
Beazley PLC
22 January 2021
Beazley plc
London 22 January 2021
Directorate changes
Beazley plc announces that Sir Andrew Likierman will be standing
down from the board at the conclusion of the company's AGM on 26
March 2021 following the completion of his second three-year term
in line with standard succession requirements. It is intended that
Sir Andrew will be succeeded by Christine LaSala as Chair of the
Beazley plc Remuneration committee.
In addition, Beazley plc announces that John Sauerland will be
standing down from the board at the conclusion of company's
AGM.
Beazley's chairman David Roberts said "The board is immensely
grateful to Sir Andrew for his service and great contribution to
the company and its strategy during his tenure. The board also
wishes to thank John for his valuable contribution, especially in
regard to the US insurance market which is the largest growth area
for the company. The board wish them both well for their future
endeavours."
There are no details to be disclosed pursuant to Rule 9.6.13 of
the Financial Conduct Authority's Listing Rules.
For further information please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
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 2019, underwrote gross premiums worldwide of $3,003.9 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.
Beazley's 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 is a market leader in many of its chosen lines, which
include professional indemnity, cyber liability, property, marine,
reinsurance, accident and life, and political risks and contingency
business.
For more information please go to: www.beazley.com
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