Jayne Cunningham Joins Beazley Environmental Liability Team

Jan 26, 2010, 09:46 ET from Beazley plc

FARMINGTON, Conn., Jan. 26 /PRNewswire-FirstCall/ -- Beazley plc (BEZ.L) announced today that Jayne Cunningham has joined the Environmental Liability team. Cunningham, formerly Vice-President and Underwriting Manager with XL Insurance, will be based in Philadelphia and report to John Beauchamp, head of the Environmental Liability focus group.

Cunningham will assist in the roll-out of Beazley's portfolio of traditional pollution legal liability insurance products to a wide variety of commercial organizations.  Cunningham will underwrite all environmental products offered by Beazley, but will maintain a strong focus on the fixed site pollution coverages.

With over 17 years of insurance industry experience, Cunningham has underwritten environmental risks for AIG, Zurich Financial Services and most recently XL Insurance. She has developed territories in both the New York and Gulf Coast regions and has extensive underwriting, product development, management and training experience.

"Jayne will be instrumental in the establishment of our disciplined technical underwriting approach to environmental risks," said John Beauchamp.  "Her extensive underwriting and product management experience make her well equipped to assist in our efforts to launch our fixed site pollution legal liability product in the upcoming months."

Note to editors:

Beazley plc (BEZ.L), is the parent company of global, specialist insurance businesses with operations in the UK, US, France, Germany, Ireland, Singapore, Hong Kong and Australia.  Beazley manages four Lloyd's syndicates: Syndicate 2623 and Syndicate 623 underwrite a broad range of insurance and reinsurance business worldwide; Syndicate 3623 focuses on accident and health business; and 3622 is a dedicated life syndicate. In 2008, Beazley underwrote gross premiums of 875.7 million pounds Sterling. 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 is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

SOURCE Beazley plc