Source - LSE Regulatory
RNS Number : 9108D
Beazley PLC
01 July 2021
 

 

 

 

 

Beazley plc

 

London, 1 July 2021

 

 

Directorate Changes

Beazley plc (the Company) announces that the board has appointed Mr Raj Agrawal as a non-executive director and as a member of the audit and risk committee with effect from 1 August 2021.  

Mr Agrawal is currently serving as chief financial officer of The Western Union Company (WU) which is listed on the New York Stock Exchange. He is based in the US which is one of the Company's largest markets and has worked extensively in Europe and across the world during his tenure at WU.

Beazley's chairman David Roberts said "I am delighted to welcome Raj to the board of Beazley plc. Raj's deep global financial and operational experience will augment the board's skills in specific areas of strategic focus."

Beazley plc has been notified that there are no details to be disclosed pursuant to Rule 9.6.13 of the Listing Rules in respect of Mr Agrawal.

 

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 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.

 

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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