Lloyd's insurer makes a number of senior appointments.
Beazley Group has made a series of senior level management appointments designed to strengthen the group's operational capabilities and ability to exploit attractive underwriting opportunities.
Neil Maidment, head of the Reinsurance division, takes on the additional role of chairman of the underwriting committee and active underwriter of syndicates 623 and 2623. In this capacity, he will be responsible for the group's underwriting strategy in consultation with the heads of the other four divisions: Property, Marine & Energy, Specialty Lines, and Political Risks & Contingency.
Jonathan Gray, head of the Property division, will chair a new management group focusing on the development of Beazley Group's US business, whether underwritten at Lloyd's or locally in the US market. The United States is Beazley's most important geographic market, representing 55% of gross premiums in 2007.
Adrian Cox, formerly head of the professions group within Specialty Lines, Beazley's largest division, has become head of Specialty Lines, following the departure of Johnny Rowell, announced in June. Cox had been responsible for the day to day running of the Specialty Lines division since Rowell began chairing Beazley's underwriting committee last year. He has also been appointed to the board of Beazley Furlonge, Ltd., the group's Lloyd's managing agency.
David Marock, head of Specialty Lines claims, has been appointed chief operating officer of Beazley Group, a new position. In this capacity, he will work closely with Andrew Horton, Beazley Group chief executive, Philippe Mazas, chief information officer, and Penny Malik, head of talent management, among others, to ensure that Beazley underwriters have the operational capabilities to respond swiftly and surely to changing market opportunities.
Announcing the new appointments, Andrew Horton said: "I am delighted to be able to call upon such talented and experienced individuals to fill these important roles at Beazley. We are, I believe, extremely well placed to offer our brokers and clients the support and solutions they need in this very challenging market."
