Directorate change

Summary by AI BETAClose X

Beazley plc announced the appointment of Paul Bantick as an executive director, effective January 1, 2026, who currently serves as Group Chief Underwriting Officer and leads strategic oversight of the company's specialist underwriting portfolio. Bantick has a strong background in cyber insurance, having been instrumental in developing the market and establishing key initiatives like the first cyber catastrophe bond. His appointment is expected to strengthen the Board's technical depth and reinforce underwriting as a core driver of Beazley's success. No further details are to be disclosed under Listing Rule 9.6.13.

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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

 

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Beazley (BEZ)
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