– UK, London – Beazley plc (LON: BEZ) today announced the appointments of Fiona Muldoon and Cecilia Reyes to its Board as independent non-executive directors with effect from 31 May 2022.
“I am delighted to welcome Fiona and Cecilia to the board of Beazley plc. Both appointments are an excellent fit for the board and will further strengthen the board, bringing significant additional expertise to help us meet our strategic ambitions.” said Board Chair, David Roberts.
Fiona will join the Audit & Risk Committee while Cecilia will join the Audit & Risk Committee and the Remuneration Committee.
About Fiona Muldoon
Fiona Muldoon has over 25 years of strong leadership experience in the insurance industry in London, Dublin, and Bermuda with a background in international property & casualty insurance gained through a long career at XL, as well as more recent experience as a public company CEO with FBD Holdings, a listed general insurer in Ireland. Fiona was also Director of Credit Institutions and Insurance Supervision at the Central Bank of Ireland for three years. Fiona is currently serving as an independent non-executive director at Bank of Ireland Group where she is also Chair of the Responsible & Sustainable Business committee and a member of the Audit, Remuneration, and Nomination & Governance Committees. In addition to her role on the Group Board, Fiona is an independent non-executive director and Chair of the Audit Committee of New Ireland Assurance Company plc, a wholly-owned Life insurance subsidiary of Bank of Ireland Group.
About Cecilia Reyes
Cecilia Reyes has broad insurance experience with deep expertise in investment management and risks having served for over 25 years in banking and insurance covering Europe, Asia Pacific, and the Americas. Cecilia has extensive leadership experience including eight years on the group executive committee at Zurich Insurance Group where she held roles of both CIO and CRO at different times during her tenure. Cecilia is currently serving as a non-executive director of abrdn plc where she is also a member of the Risk & Capital and Remuneration committees. Cecilia is also a member of the Supervisory Board of NN Group NV where she is Chair of the Risk committee and a member of the Remuneration committee.
About Beazley plc
Beazley 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/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
