– UK, London – Beazley plc (LON: BEZ) today announced the appointment of Adrian Cox as the CEO, effective 1 April 2021, succeeding Andrew Horton who will leave the Company to become the Group CEO of QBE Insurance Group Limited in Australia.
Adrian has been with Beazley for 20 years, most recently as Chief Underwriting Officer, and has been a member of the Beazley plc Board since 2010. He has over 25 years of industry experience.
“We are pleased that Adrian Cox has agreed to become our new CEO. Adrian has an outstanding track record within Beazley, spending time in both the US and the UK, and the Board is confident that under his leadership, Beazley will continue to go from strength to strength. Adrian’s appointment provides continuity in Beazley’s leadership team and strategic direction. This ensures that we will continue delivering for our people, our clients and our shareholders in the years to come.” said Board Chairman, David Roberts.
He added: “On behalf of the whole Board, I would like to thank Andrew for his leadership and outstanding contribution to Beazley, in particular as CEO, a position he has held since 2008. He has overseen the expansion of Beazley over this period and leaves it in a strong position operationally and financially. We wish Andrew well in his new role.”
Adrian Cox commented: “I am delighted to be appointed CEO of Beazley. Our Group has a long and successful track record, built on the experience and expertise of our people, our innovation, and a prudent approach to managing our balance sheet. I am excited about the opportunities ahead and the chance to build on our proven and successful business model in the years to come.”
About Beazley plc
Beazley plc is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America, and Asia. Beazley manages six Lloyd’s syndicates and, in 2020, underwrote gross premiums worldwide of $3,563.8 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’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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