Beazley appoints Group Financ

RNS Number : 1556I

Beazley Group PLC

14 November 2008

 



Beazley Group plc appoints Martin Bride as Group Finance Director

London, November 14, 2009

Beazley Group plc announces that it has appointed Martin Bride as Group Finance Director. He joins Beazley from Zurich Financial Services (Zurich) where he was CFO of the UK Life business.

Martin Bride, 45, has extensive top level experience in the insurance sector. Prior to joining Zurich, he was CFO of Aviva France and his career includes a number of senior level finance and general management roles in insurance. He has also held directorships at Société Foncière Lyonnaise and Union Financière de France Banque. He is a Fellow of the Institute of Actuaries and has an MBA from INSEAD and an MA in Mathematics from Oxford University.

Mr Bride will be taking up his position by the second quarter of 2009. He takes over from Andrew Horton, who joined Beazley as Group Finance Director in 2003 and was appointed Chief Executive in September this year.

Commenting on the appointment, Andrew Horton said:

'We are delighted that Martin will be joining the Beazley senior management team. He brings a wealth of experience and skills to the position of Group Finance Director that will be invaluable as we continue to focus on building our business and underwriting profitably through a rapidly changing market.'

For further information, please contact:

Beazley Group plc

Andrew Horton, Chief Executive 

Tel: [phone]

Finsbury Group

Vanessa Neill, Associate Partner

Andrew Holt, Executive

020 7251 3801

Notes to editors:

Martin Bride

Career to date

Date	Role
2006-present	Zurich Financial Services, UK Life, CFO & CF1 Director
1988-2005	Aviva plc (including CFO, Aviva France, 2001-2005)
1985-1988	Tillinghast, Consultant
Education
1993	INSEAD, MBA
1988	Institute of Actuaries, Fellow
1982-1985	Oxford University, Corpus Christi College, MA Mathematics (1st)
Directorships
2002-2004	Société Foncière Lyonnaise, Board and Audit Committee Member
2002-2005	Union Financière de France Banque, Board Member and Chair of Audit Committee

Beazley Group

Beazley Group, plc (BEZ.L), is the London-based parent company of global, specialist insurance businesses with operations in the UK, US, France, Germany, 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. For 2009 Beazley's syndicates are expected to share an aggregate underwriting capacity of £810m. All Lloyd's syndicates are rated A by A.M. Best. In the US, Beazley's underwriters focus on writing specialist insurance products in the admitted market, backed by Beazley Insurance Company, Inc., an admitted carrier in all 50 states; and surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley Insurance Company, Inc. is rated A by A.M. Best. 

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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