– UK, London – Beazley PLC (LON: BEZ) today announced the appointment of Clive Bannister to its Board as a non-executive director and Chair-designate with immediate effect, to succeed Christine LaSala as Chair on AGM on 25 April 2023.
“I have been impressed throughout the search process by the positive and consistent interactions with Clive, his credentials, career track-record, and his enthusiasm to take on the role. On behalf of the entire board, I would like to congratulate him on his appointment.” said Interim Chair, Christine LaSala.
Clive Bannister will bring a wealth of strategic, commercial, and significant transformational experience to the board.
About Clive Bannister
Clive Bannister is currently the Chair of Rathbones Group plc and the Museum of London. He was previously CEO of Phoenix Group Plc, retiring in March 2020. He had a long and distinguished career at HSBC Group where his roles included being CEO of HSBC Private Banking and Group Managing Director of Insurance. Clive Bannister has previously been a non-executive director of the Association of British Insurers, Punter Southall Group Ltd, Ignis Asset Management Ltd, and HSBC Insurance Brokers Ltd.
Clive Bannister said: “I am very pleased to be joining Beazley. Beazley has an outstanding reputation for innovation and delivering shareholder value. I am looking forward to working with the board and management team to continue this performance in the years to come.”
About Beazley
Beazley plc 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 2021, underwrote gross premiums worldwide of $4,618.9 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: https://www.beazley.com/
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