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Beazley Expands Private Enterprise Underwriting Team

CHICAGO, March 1, 2012 /PRNewswire/ -- Beazley Group (BEZ.L) has announced the appointment of Sarah Lamberg to the US Private Enterprise underwriting team, strengthening its commitment to small businesses in the technology industry.

Sarah joins Beazley with nine years of experience in professional liability insurance. She was most recently a senior underwriter with Chartis, which included a focus on technology errors and omissions, network security and privacy liability, and media liability products. Sarah bound more than $1 million in new business in 2010 during her tenure there.

"We are thrilled to have someone of Sarah's caliber on board who can hit the ground running as we continue to pursue new opportunities in the evolving technology risks marketplace," said Jamie Orye, focus group leader for the US Private Enterprise team.

Based in Chicago, Sarah joins the team now comprising seven underwriters, four territory managers and two claims managers – industry professionals with in-depth expertise focused on the needs of small businesses. The team insures companies with up to $35 million in revenue.

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 2011, underwrote gross premiums worldwide of $1,712.5 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.

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