Press Releases
Beazley’s London market underwriting team ranked top by peers in Gracechurch report
Beazley is proud to be rated top for bench strength in Gracechurch’s 2022 London’s Leading Underwriters’ report. Demonstrating the importance our business places on building outstanding team spirit and a culture within which our people can flourish and deliver for brokers and clients.
The report is a ranking of London market underwriters based on over 1,300 nominations gathered from brokers and underwriters across the London market. The report ranks the leading underwriters by line of business basis, and the underwriting teams which perform best overall. Ranking top for the bench strength award signposts that Beazley saw more underwriters mentioned as leaders in 2022 than any other player in the market.
In addition to coming top for overall team strength, Beazley triumphed in both the Marine and War & Geopolitical Risk lines of business. Gaining other top 10 spots in Accident & Health, Cyber, Professional Indemnity & Financial Lines and Reinsurance.
Individual underwriters at Beazley also shine in the Gracechurch rankings, with Tim Garrett, Head of Cargo, and Philip Sandle, Head of Marine Liability, recognised in the top 10 Marine underwriters. With Roddy Barnett, Head of Political Risks and Trade Credit, recognised in the top 10 for War & Geopolitical risk and Richard Young, Focus Group Leader for Hull & War, recognised in both the Marine and War & Geopolitical Risk categories.
Finally, Beazley ranked 5th overall for female underwriter bench strength.
Commenting on Beazley’s success in the rankings, Ben Bolton, Managing Director of Gracechurch Consulting, said Beazley’s underwriting team leads on bench strength “by a fairly significant margin” adding: “Beazley’s performance is truly impressive and shows the benefits that accrue from continuity and creating a distinctive brand and contemporary business.”
Tim Turner, Group Head of MAP Risks, said: “It’s great to see the underwriting expertise and experience of our London Market underwriting teams reflected in the Gracechurch results. At Beazley, we take great pride in our committed and top tier team and the culture we have built across the business that allows us to consistently deliver for our brokers and clients. Given the challenging environment of the last two or three years, it is gratifying to see the high regard that our underwriters are held in by our peers across the market, and I’d like to add my thanks for all their hard work and dedication.”