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TheStreet Open House

Lindy Hardman Joins Broker Relations Team At Beazley With Focus On Business Development On West Coast

Stocks in this article: BEZ

GLENDALE, Calif., Oct. 13, 2011 /PRNewswire/ -- Leading specialist insurer Beazley has appointed Lindy Hardman to develop new business and broaden the company's broker relationships on the west coast.

Mr Hardman, 56, brings extensive insurance market experience derived from both underwriting and broking businesses.  His most recent role was as regional vice president at Crum & Forster in Los Angeles, where he headed the company's largest regional underwriting office, writing $90 million in premium in 2010.  Prior to that he held senior positions at Zurich North America and Crump Group.  He began his insurance career at Mission Insurance Company in Los Angeles in 1978.

At Beazley Mr Hardman will focus on extending and deepening the company's relationships with brokers along the west coast and, inland, throughout the western United States.  Based in Beazley's Glendale, CA office, he will enhance awareness of the company's underwriting appetite in the professional liability, management liability and commercial property markets in which it specializes.

Beazley has been underwriting US risks out of London for 25 years, but its local US presence dates from 2005.  Locally underwritten US premiums grew from $15m in 2005 to $393.6m in 2010, representing 23% of total group premiums.

Dan Jones, director, broker relations at Beazley, said:  "At Beazley we pride ourselves in providing brokers with straight answers to often challenging coverage issues.  Our underwriters are highly experienced, empowered, and readily accessible.  Lindy will play a key role in broadening awareness among brokers of the advantages of working with Beazley underwriters."

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2010, underwrote gross premiums worldwide of $1,741.6 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 is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497).

For more information please go to: www.beazley.com

SOURCE Beazley plc

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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