Source - LSE Regulatory
RNS Number : 1407E
Beazley PLC
22 February 2024
 

 

 

 

 

Beazley plc

 

London, 22 February 2024

 

 

Directorate change

Beazley plc announces that the Board has appointed Carolyn Johnson as an independent non-executive director with effect from 1 March 2024. 

Carolyn has worked for over 40 years in the insurance industry with extensive executive leadership experience, with a particular focus on the US. In her last executive management role, Carolyn was Chief Transformation Officer at AIG where she successfully led an ambitious modernisation programme. She stood down from this role in 2020 to concentrate on building her non-executive portfolio. Carolyn is currently serving on the Board of Legal & General Group plc and is a member of their audit, risk, and nominations committees. She also serves on the Board of Kuvare, a private insurance holding and asset management company.

Beazley's Chair Clive Bannister said: "My Board colleagues and I are delighted to welcome Carolyn to the Board of Beazley plc and as Chair of our US subsidiary, Beazley Holdings, Inc. Carolyn's deep leadership, transformational experience and knowledge of the US insurance industry will complement and further strengthen the Board, to help us fulfil our strategic ambitions."

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

 

 

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 seven Lloyd's syndicates and, in 2022, underwrote gross premiums worldwide of $5,268.7million. 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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