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Beazley bolsters small business growth with two new hires

FARMINGTON, Conn., July 15, 2013 (GLOBE NEWSWIRE) -- Specialist insurer Beazley (BEZ.L) announces two appointments to the company's private enterprise team, which focuses on the professional liability needs of small businesses.

Joseph Gates is a new territory manager based in Atlanta responsible for building broker relationships in the Southeast region of the United States. This increases the company's number of territory managers to five – all of whom support the growth efforts of the company's private enterprise team by fostering and strengthening broker relationships.

Eugene Eychis joins the company as an underwriter based in the company's Philadelphia office. His primary focus will be technology and miscellaneous errors and omissions risks. He will also support growth objectives for the company's newest offering for small businesses, Beazley Breach Response Select, a unique insurance solution for privacy and data breaches.

"We are extremely pleased to have Eugene and Joseph join our team. With their industry experience in several key lines of business, they will be very valuable in helping us as we continue to expand our business in the United States," said James Eaton, global head of the small business team.

Mr. Gates has 15 years of insurance industry experience and was most recently an underwriter with AIG in Atlanta, focused on security and privacy liability products. Prior to that while regional marketing manager with RSC Solutions, he developed broker education programs across a four-state territory.

Mr. Eychis joins Beazley from Zurich North America where he was an underwriter managing a $1.8m book for private/non-profit, management liability and security and privacy risks. Prior to his role with Zurich he was an associate underwriter for ACE USA in Delaware, concentrating on complex accounts with international exposures.

The private enterprise team comprises underwriters, claims professionals, and territory managers focusing on the needs of small businesses with assets of up to $35 million and up to 500 employees.
Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2012, underwrote gross premiums worldwide of $1,895.9m.

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

CONTACT: For further information, please contact: Jamie Orye Focus group leader for Beazley's US Private Enterprise team Jamie.orye@beazley.com 215 446 8450Source: Beazley Group EST