Small commercial package, residential, general liability, inland marine and motor risks underwritten through Lloyd's brokers on a delegated authority/MGA basis.
We offer 'full value' policies that include cover for 'basic' (named perils), 'broad' (named perils plus falling objects, weight of ice and snow and water damage) and 'special form' (all risks).
Subject to the terms and conditions of the policy, we will pay claims for fire, explosion, flood, windstorm, earthquake, Difference in Conditions (DIC), Wind Deductible Buy Back (WDBB), and Earthquake Deductible Buy Back (EQDBB).
We insure:
We typically underwrite risks with a risk limit of less than US $1 million, but we can cover risks with an insured value of up to US$ 5 million for any one risk, with a maximum insured value of US $25 million.
Typical exclusions include:
Small commercial package
We offer a commercial package product with insured values of US$ 5 million or less in the USA and Canada. Hartford Steam Boiler’s (HSB) equipment breakdown coverage can be accessed via our binding authority contracts on agreement from the HSB Team.
Residential
We underwrite small, medium and high valued homeowner insurance in the US (excluding California), Canada and the rest of the world in partnership with local Coverholders from our base at Lloyd’s.
Our target business is US$1 million or less but we can write up to US$5 million in insured value (excluding limits for personal liability and medical expenses.)
Forced placed property
This provides fire and extended coverage, all risks of physical loss or damage insurance related to loans for which no proof of insurance has been provided to the mortgagee.
Inland marine
We indemnify loss to movable or specialised types of property and equipment. This form of insurance developed out of ocean marine insurance and includes property coverage for construction equipment, medical diagnostic equipment, fine art, solar panels, wind turbines, cameras and movie equipment, musical instruments, and a wide variety of other types of property.
Motor
Our motor portfolio largely includes commercial automobile physical damage and Motor Truck Cargo (MTC) across the USA. We will consider both owner-operated and fleets of all sizes.
Our delegated authority team comprises a group of specialists in small commercial, residential and motor insurance. We value long term relationships, and we have worked with a number of our clients for more than 20 years.
We seek to develop long-term partnerships with Coverholders that can demonstrate expertise in the risks they underwrite, an intimate understanding of their territories and a stable track record with a healthy balance between size of risk and premium. Another key differentiator is that commercial general liability claims are managed by our own claims adjusters, based in the USA, which means that we can provide an excellent local claims service. We also have a dedicated wordings team that work closely with our underwriters and brokers to finesse the wordings of policies to the specific needs of their clients.
Coverholders and MGAs with books of business in the USA and Canada comprising small commercial and residential properties. We can also provide cover for forced place property, motor truck cargo/auto physical damage and inland marine risks.
Worldwide with a focus on the USA and Canada
BEING BOLD
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
STRIVING FOR BETTER
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
DOING THE RIGHT THING
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
London, UK
+44 (0)20 7674 7447
Email Alex
London, UK
020 7674 7204
Email LauraLondon, UK
+44 (0)20 7674 7403
Email Alasdair
London, UK
020 7667 0620
Email Luke
Philadelphia, PA, USA
+1 (215) 4468 448
Email Joe
London, UK
+44 (0)20 7674 7272
Email Trevor
London, UK
London, UK
020 7674 7122
Email Frances
London, UK
+44 (0)20 7674 7016
Email Amanda