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RNS Number : 8356L Beazley PLC 17 December 2025
Beazley plc
London, 17 December 2025
Directorate change
Beazley plc announces that the Board has appointed Paul Bantick an executive
director with effect from 1 January 2026.
As Group Chief Underwriting Officer, Paul Bantick leads strategic oversight of
Beazley's extensive specialist underwriting portfolio, ensuring alignment
between growth strategy and technical excellence. He oversees a broad spectrum
of insurance classes, including Property, Specialty including Directors &
Officers (D&O), and the highly specialised classes - cyber, marine,
aviation, and political risks.
Paul built his reputation over two decades as a pioneering leader in cyber
insurance, where he was instrumental in the ongoing development and maturation
of the market, notably through the creation of the first cyber catastrophe
bond and the establishment of Full Spectrum Cyber and Beazley Security.
His leadership has been defined by a commitment to managing systemic risk,
leveraging data-driven insights, and creating innovative, client-centric
solutions. This strategic vision underpins Beazley's position as a global
leader in specialist risk. Latterly he was Beazley's Group Head of Cyber Risks
and was appointed to Beazley's Global Executive Committee in 2022.
Beazley's Chair Clive Bannister said: "My Board colleagues and I are delighted
to welcome Paul onto the Board of Beazley plc. Paul's entrepreneurial
spirit, deep underwriting experience and knowledge of the global insurance
industry will complement and further strengthen the Board, to help us fulfil
our strategic ambitions."
Beazley's CEO Adrian Cox said: "Paul Bantick has demonstrated leadership in
underwriting, risk management, and strategic growth. His appointment to the
Board will strengthen the Board's technical depth and reinforce underwriting
as a core driver of Beazley's success."
Beazley plc has been notified that there are no further details to be
disclosed pursuant to Rule 9.6.13 of the Listing Rules in respect of Paul
Bantick.
For further information please contact:
Beazley plc
Mark Stevens
+44 (0)20 7674 7581
Note to editors:
Beazley plc (BEZ.L), 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 2024, underwrote gross premiums
worldwide of $6,164.1million. 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 and its subsidiary, Beazley America Insurance Company, Inc. In the
surplus lines market, coverage is provided by the Beazley syndicates at
Lloyd's, and from 1 January 2024, also from Beazley Excess and Surplus
Insurance, Inc.
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 please go to: www.beazley.com (https://www.beazley.com/)
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