Beazley has announced today that Catherina MacCabe, Focus Group Leader International Management Liability (IML), Specialty Risk, is to retire and that Oliver (Oli) Wheeler will succeed her as Focus Group Leader from the 1st July 2022. Emma Pereira has also been promoted to Product Leader for the team.
Catherina has led the IML team at Beazley for over five years, building it up to be a leading IML team in the London Market and growing the firm’s book of Directors & Officers (D&O) and Management Liability business in Europe, Asia and Latin America. She will stay at Beazley over the remainder of the year to ensure a smooth transition to the new leadership team.
Oli joined Beazley in 2021, and prior to this, he was D&O Practice Leader at AON London. Oli has previously held underwriting and leadership roles with Chubb, Axis and Liberty, and has successfully managed Financial Lines portfolios in New York and Madrid.
Gerard Bloom, Head of International, Specialty Risks said:
“Catherina will leave a legacy of underwriting excellence, and under her leadership, the IML team has gone from strength to strength. I will miss her greatly, as will her colleagues, brokers, clients and peers. I wish her a very well-deserved retirement.”
Gerard added: “The strength and depth of the IML team is evidenced by Oli taking over the reins, supported by Emma who also starts her new role on the 1st July. Their combined talents and experience will be invaluable as we seek to deliver our ambitious growth plans and help our clients to navigate the increasingly tricky liability risk landscape they face in these turbulent times.”
For further information, please contact:
Beazley Group
Emily Rogers
T +44 (0)7976 850 311
Note to editors:
Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd’s syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9m. 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. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd’s.
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 Furlonge Limited (Company Registration Number: 01893407 and VAT Number: 649 2754 03) is a managing agent for Syndicates at Lloyd’s and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Firm Reference Number: 204896). Beazley Furlonge Limited is registered in England and Wales with its Registered Office at 22 Bishopsgate, London EC2N 4BQ.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.