Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Directorate Change

7th Dec 2006 09:00

Beazley Group PLC07 December 2006 Beazley Group plc Plantation Place South 60 Great Tower Street London EC3R 5AD Tel: +44 (0)20 7667 0623 Fax: +44 (0)20 7674 7100 www.beazley.com Press Release Clive Washbourn joins Beazley Board London, 7 December, 2006 - Beazley Group plc (BEZ.L) is pleased to announce theappointment of Clive Washbourn as an executive director with effect from 4thDecember 2006. Clive joined Beazley in 1998 to head up Beazley's Marine Team. Since then, hehas added considerable value to the business, growing the marine account by over£100m. Clive has over twenty four years experience in the marine insurance industry, isa member of the LMA Marine Committee and recently succeeded Rupert Atkin asChairman of the Joint War Committee. Clive's appointment adds to the significant strengthening of the board over thepast 12 months, with three non-executive director appointments, including DanJones, Marty Becker and Gordon Hamilton. However, Clive's appointment is thefirst executive board appointment since Beazley's IPO in 2002. Andrew Beazley, CEO of Beazley, said: "Clive's leadership and expertise over the past eight years have provedinvaluable to the ongoing success and growth of the business and I am sure hewill make a big contribution at Board level. His appointment underlines ourphilosophy of having strong underwriting experience at Board level." There are no matters relating to this appointment that are required to be announced under paragraph 9.6.13R of the Listing Rules. ENDS For further information, please contact: Beazley Group plcAndrew BeazleyT +44 (0)20 7674 7501 FinsburyAmanda LeeT +44 (0)20 7251 3801 Note to Editors: Beazley Group, plc (BEZ.L), based in London, is the parent company of global,specialist insurance businesses with operations in the UK, US, France, Singaporeand Hong Kong. Beazley manages two Lloyd's syndicates (Syndicate 2623 andSyndicate 623) with aggregate underwriting capacity in 2006 of £830m (US$1.5bn).Both syndicates are rated A by A.M. Best. In the US, Beazley's underwritersfocus on writing specialist insurance products in the admitted market, backed byBeazley Insurance Company, Inc., an admitted carrier in all 50 states; andsurplus lines risks, backed by the Beazley syndicates at Lloyd's. BeazleyInsurance 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. For more information please go to: www.beazley.com This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

Beazley
FTSE 100 Latest
Value8,739.26
Change-47.20