Special Section sponsored by TMPAA

Beazley offers program managers swift responses, straight answers

Beazley Group, one of the largest Lloyd’s businesses, has been partnering with U.S. program administrators (PAs) for more than 20 years, offering innovative professional and management liability program solutions. Today, with substantial operations in the United States, Beazley is better equipped than ever to deliver unrivalled service to PAs seeking profitable and sustainable relationships.

Focused expertise

As one of the largest and most established professional and management liability insurers in the Lloyd’s market, we stand as a credible and committed partner to our chosen PAs, focusing on underserved niches in professional and general liability, D&O, EPLI, and privacy and network security. Many of the PAs we support offer tailored insurance solutions to specific industries. And with up to $5 million per claim limits available, we provide substantial capacity in programs that meet our underwriting criteria.

Rapid turnaround

Some insurers let the grass grow under a broker’s feet while they deliberate over the merits of a program, referring the proposal up the chain of command and back again. Not Beazley. We can normally provide an initial response within three days and our PA can be writing business in as little as three months. We pride ourselves on our flat structure and empowered underwriters who are able to give quick answers to the toughest questions.

“Why not?”

Like Cuthbert Heath, the Lloyd’s underwriter who rose to fame at the time of the 1906 San Francisco earthquake, we like to ask “why not?” rather than “why?” We are always willing to consider policy forms suggested by the PA and impose no minimum premium volume requirements.

Where the rubber hits the road

Claims service is the product that all insurers sell (even if some are curiously shy about admitting it). At Beazley, we believe that the broadest and most up-to-date policy form is of no value without claims service of comparable quality. For program business, we see claims as offering a “moment of truth” in which the PA-client relationship can be cemented—or sunk. We bring best-in-class claims expertise to bear throughout the claims process.

To learn more

Contact James Eaton in our Boston office at (617) 763-9488 or at james.eaton@beazley.com. James heads casualty program business within the Private Enterprise group at Beazley. He joined the company in 2006, having worked as a broker since 1984. *