– UK, London – Beazley plc announces that Ken Sroka, who has been a Beazley plc non executive director since November 2010, has resigned from the Board with effect from 4 December 2015 to take up a full time executive position.
The company also announces that Sir Andrew Likierman, who was appointed as a non executive director in March, has been appointed to the nomination committee with effect from 4 December 2015.
The company further announces that the board has appointed Catherine Woods as a non executive director with effect from 1 January 2016.
Beazley chairman Dennis Holt said “I am delighted to welcome Catherine to the board of Beazley plc. Catherine is highly experienced, having served for over 20 years in an executive capacity at JP Morgan and 17 years in private, public and pro-bono non executive director positions. My colleagues and I are also immensely grateful for the contribution that Ken Sroka has made as a non executive director throughout his tenure.”
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, the Middle East and Australia. Beazley manages six Lloyd’s syndicates and, in 2014, underwrote gross premiums worldwide of $2,021.8 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 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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