Delegated Property

Small commercial package, residential, general liability, inland marine and motor risks underwritten through Lloyd's brokers on a delegated authority/MGA basis.

What we offer

Full value, primary loss limit and excess of loss commercial and residential policies including cover for:

Material damage
Business interruption/loss of rent
Contents and machinery
Facultative reinsurance

Our policies are administered by coverholders operating under adelegated authority basis or via prior submit lineslips and facilities.

How can we help

We develop long-term partnerships with coverholders that demonstrate expertise in the risks they underwrite, have an intimate understanding of their territories and a stable track record with a healthy balance between size of risk and premium.
Commercial general liability claims are managed by in-house claims adjusters, means that we can provide an excellent local claims service.
We have a dedicated wordings team that works closely with our underwriters and brokers to finesse the wordings of policies to the specific needs of their clients.

Who we can help

Typical classes considered:

Household (including mid to high net worth &
household liability)
Commercial Combined MD/BI
Commercial and residential property owners
(including Strata and loss of rent)
Unoccupied/vacant properties (commercial and
residential)
Hard-to-place risks (woodworkers/sawmills,
manufacturing, composite panel & mixed
construction)
Natural catastrophe coverage
Property owners liability (written in conjunction with
property risks)

Typical exclusions include:

Recycling risks
Nightclubs/pubs
Leisure class programs
Construction risk
Caribbean wind

WHERE IS THIS OFFERED?

Worldwide with a focus on the USA and Canada

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.