Risky Business Newsletter
Risky Business - June 2024

Risky Business Newsletter

This edition covers the growth of the Excess & Surplus (E&S) market, the impact of campus protests and political tensions on strike, riot and civil commotion (SRCC) coverage, the role of AI in climate risk underwriting, Initial Public Offering (IPO) risk management for Private Equity firms, Beazley's suicide prevention initiative with R;pple, and insights into political violence risks amid numerous global elections.


Beazley CEO: E&S Market Growing as Risks Become More Complex

Watch Adrian Cox , our CEO, chatting with Meg Green from Insurance Insider at this year’s RIMS (Risk and Insurance Management Society, Inc.) Riskworld conference in San Diego. They discuss the risks concerning the conference attendees, and the potential for growth in the E&S market amid an accelerating risk environment.

Watch the video


Campus Protests, Political Tension: A Deep Dive on SRCC Coverage

With the US university campus protests, the upcoming elections on both sides of the Atlantic, and heightened geopolitical tensions around the world, Lucy Straker , Focus Group Leader - US Terrorism (Deadly Weapons Protection), and Matthew Westhoff , Head of North American Commercial Property, discuss SRCC risks?on this Leader's Edge Magazine podcast.

Listen here


Beazley's Quane: AI Poised to Revolutionise Climate Risk Underwriting, Modelling

Our Chief Underwriting Officer, Bob Quane spoke to AM Best TV at RIMS (Risk and Insurance Management Society, Inc.) Riskworld on a diverse range of topics, including the use of AI in modelling climate risk.

Watch now


If IPO’s rebound in 2024, how can Private Equity firms make sure they have all the risks covered?

Transitioning from a private entity to a publicly traded company via an IPO is a big step, requiring higher reporting standards and governance. Bridging this gap demands meticulous preparation and expertise. Specialised Directors & Officers (D&O) services can help to mitigate IPO risks. For more insights, read this blog by Emma Pereira , Product Leader - International Management Liability, and Chlo? Cox , Underwriter - International Management Liability.

Read now


Employer action: How Beazley is transforming harmful online searches about suicide into a journey of hope with R;pple

Beth Diamond , our Group Chief Claims and Litigation Officer, and Sophie MacCormick , Culture & People Business Partner at Beazley, discuss our Wellbeing Network and partnership with R;pple, the suicide prevention tool, in support of Mental Health Awareness Week.

Learn more


Claims Corner

With over sixty elections taking place this year, resulting in over half of the world’s population going to the polls, political violence is high on businesses risk agenda. Hear Alex Hill , our Claims Focus Group Leader – Political and Terrorism discuss what we can learn from the past.


At Beazley, we're all about the stories and people behind insurance, and how we can help our clients to explore, create and build successful businesses.

The information set forth in this newsletter is intended as general risk management information. Beazley does not provide legal services or advice. The exact coverage afforded by any products referenced in this newsletter is subject to and governed by the terms and conditions of each policy issued. The publication and delivery of the information contained in this newsletter is not intended as a solicitation for the purchase of insurance. Coverages referenced in this newsletter are underwritten by Beazley syndicates at Lloyd's and will vary depending on individual country law requirements and may be unavailable in some countries. In the US, the coverages are available on a surplus lines basis, through either Beazley Excess and Surplus Insurance, Inc. or a licensed surplus lines broker underwritten by Beazley syndicates at Lloyd’s. Certain products may also be available on an admitted basis, in some but not all states, through Beazley Insurance Company, Inc. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497).? Non-insurance products and services are provided by non-insurance company Beazley affiliates or independent third parties. Separate terms and conditions may apply. Although reasonable care has been taken in preparing the information set forth in this newsletter, Beazley accepts no responsibility for any errors it may contain or for any losses allegedly attributable to this information. BZEM239.

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