3rd Oct 2006 10:30
Beazley Group PLC03 October 2006 3 October 2006 Press Release Beazley opens office in France London, 3 October, 2006 - Beazley Group plc (BEZ.L) has today opened its firstoffice in France. The new Paris office reflects the company's strategic goal tooffer the best possible service to its growing number of French clients and tobuild its business in one of Europe's most dynamic insurance markets. Beazleyhas been underwriting business in France for more than a decade. Charlotte Lamidon, previously in senior roles at Zurich Financial Services andat underwriting agency Anglo French Underwriters, brings extensive experienceand knowledge of the French market to lead the team of three underwriters. Theteam will initially write Professional Indemnity and Financial Guarantee forinsurance brokers and financial intermediaries and expects to expand its productrange shortly. Johnny Rowell, Head of Specialty Lines, said: "The decision to open our doors for business in Paris emphasises our commitmentto fully support the needs of our local clients as well as providing them withconvenient access to our worldwide network of underwriters." Charlotte Lamidon, Senior Underwriter at Beazley, said: "The risks run by French businesses and professions are evolving rapidly. Withthe support of the Beazley global network of experts, we are now in a positionto offer a comprehensive local service to our clients in France, developingproducts and services tailored to their specific needs." ENDS For further information, please contact: Beazley Group plc Charlotte Lamidon T: +33 (0) 1 53 43 90 37 Finsbury Simon Moyse Amanda Lee T: +44 (0)20 7251 3801 Notes to Editors Based in London, UK, Beazley Group, plc (BEZ.L), founded in 1986, and floated onthe LSE in 2002, is the parent company of global, specialist insurancebusinesses with operations in the UK, US and Hong Kong. Beazley manages twoLloyd's syndicates (Syndicate 2623 and Syndicate 623) with aggregateunderwriting capacity in 2006 of £830m (US$1.55bn). Both syndicates are rated Aby A.M. Best. In the US, Beazley's underwriters focus on writing specialistinsurance products in the admitted market, backed by Beazley Insurance Company,Inc., an admitted carrier in all 50 states; and the Beazley syndicates atLloyd's. Beazley Insurance Company is rated A- by A.M. Best. Beazley is a market leader in many of its chosen lines including professionalindemnity, commercial property, marine, reinsurance, and personal lines. Beazley has written professional liability business in France for over tenyears. For more information please go to: www.beazley.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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