Beazley

Beazley is a leading specialty insurer and Lloyd's of London syndicate operator, underwriting complex and specialty risks across cyber, marine, property, professional liability, political risks, and life and accident and health lines. Founded in 1986 as Beazley, Furlonge and Hiscox, the company underwent a management buyout in 2001 and subsequently listed on the London Stock Exchange (ticker: BEZ). Beazley manages seven Lloyd's syndicates and operates wholly-owned insurance subsidiaries in the US, Europe (Ireland), and Bermuda, giving it broad global distribution through the Lloyd's platform.

The company is widely recognized as a market leader in cyber insurance, accounting for approximately 6.7% of global cyber GWP and consistently ranking among the top cyber underwriters worldwide. Beazley Security, its integrated cyber risk management subsidiary formed through the merger of its in-house Cyber Services team and Lodestone (its wholly-owned cybersecurity company), provides cyber preparedness, incident response, and managed extended detection and response (MXDR) services to policyholders.

In March 2026, Zurich Insurance Group announced a recommended all-cash acquisition of Beazley for approximately GBP 8.1 billion (USD 10.8 billion), representing a 59.8% premium to Beazley's pre-announcement share price. The transaction is subject to regulatory and shareholder approvals and is expected to close in the second half of 2026. Combined with Zurich, the entity will become the world's leading specialty underwriter with approximately USD 15 billion in pro forma gross written premiums.