Beazley PLC Directorate Changes (3187N)
January 17 2019 - 2:30AM
UK Regulatory
TIDMBEZ
RNS Number : 3187N
Beazley PLC
17 January 2019
Beazley plc
London, 17 January 2019
Directorate Changes
Beazley plc ("the Company") announces that following a
comprehensive search, Sally Lake will be appointed as the group
finance director. The appointment will become effective when Martin
Bride steps down in May 2019.
A Fellow of the Institute of Actuaries since 2004, Sally joined
Beazley in 2006 and has been the group actuary since 2014. Prior to
her appointment as group actuary, Sally held several senior roles
within the organisation where she has gained a considerable breadth
of experience.
Andrew Horton, the CEO commented:
"I am delighted that Sally will be taking up the role and I look
forward to working closely with her. Sally brings exceptional
skills, energy and relevant experience to the role and it is
pleasing that we have been able to promote from within the
organisation."
The Company also announces that, following the conclusion of two
three-year terms, Angela Crawford-Ingle, non-executive director and
chair of the audit and risk committee will step down from the board
at the conclusion of the 2018 accounting year and when the handover
to her successor is complete. The Company has initiated a search,
which is at an advanced stage, for a new non-executive director to
chair the audit and risk committee and an appointment will be made
in due course.
David Roberts, the Chairman commented:
"Angela has been an excellent chair of the audit and risk
committee and contributor to the board. I, together with the rest
of the board, would like to extend our sincere thanks to her for
the technical expertise and experience, which have been
invaluable.
The Company also announces that Christine LaSala is appointed to
the nomination and remuneration committees with effect from 21
March 2019.
There are no matters requiring disclosure under Listing Rule
9.6.13.
For further information, please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
Note to editors:
Beazley plc (BEZ.L) is the parent company of specialist
insurance businesses with operations in Europe, United States,
Canada, Latin America and Asia. Beazley manages seven Lloyd's
syndicates and, in 2017, underwrote gross premiums worldwide of
$2,343.8 million. 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
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END
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