Beazley PLC · LSE:BEZ
Beazley — Investor Presentation (February 2008)
9 slides from Beazley's investor presentation, February 2008
Slide 1: Beazley Bridge master
Beazley Bridge master Beazley presentation February 2008
Slide 2: Beazley Bridge: A turnkey solution
Beazley Bridge: A turnkey solution Simple administration: • One Lloyd’s Global Contract • One invoice • When placed in the US, Beazley handles all premium apportionment and taxes (except for US Surplus Lines Taxes) • Full transparency of premium and tax Simplified coverage: • No foreign languages •
Slide 3: Beazley Bridge: Simply Drawn
Beazley Bridge: Simply Drawn The illustration below exemplifies how Beazley Bridge has been drawn. Beazley Bridge can be applied as the sole D&O coverage in a jurisdiction (see Israel below) or as excess A/DIC coverage where an existing policy exists or more limits are required (see Germany below).
Slide 4: Beazley Bridge: Wording
Beazley Bridge: Wording Beazley Bridge Endorsements: • Endorsement is applied to any excess layer in a D&O tower • Provides Side A/DIC coverage using a broad DIC clause • DIC clause explicitly adds trigger for inability to pay due to lack of licensure • Provides shared aggregates or separate aggrega
Slide 5: Beazley Bridge: How is Underwritten?
Beazley Bridge: How is Underwritten? • International premiums are based on a “just and reasonable” methodology and informed by underwriting criteria such as: • Legal characteristics of country • Size of operations • Financial strength and ownership structure • Availability of indemnification • Natur
Slide 6: Beazley Bridge: Target Company Profile
Beazley Bridge: Target Company Profile Beazley’s US D&O Team Beazley’s UK D&O Team Parent Domicile US Only Global Subsidiary EEA , Australia, Barbados, Belize, Bermuda, All listed to the left and Anguilla, Antigua, Location British Virgin Islands, Canada, Cayman Bahamas, Dominica, Falkland French Gu
Slide 7: Lloyd's of London: Key Benefits
Lloyd’s of London: Key Benefits • One “Global Contract” replaces need for multiple policies • Lloyd’s global licensure differs from competitors’ parent/subsidiary networks • Contract certainty • Familiar language, jurisdictions, courts • Familiar underwriters, claims managers • Coverage issued with
Slide 8: Who Can help me?
Who Can help me? US Underwriters (Public Co D&O) UK Underwriters (Public Co D&O) US Underwriters (Pvt D&O, All EPL) Anthony Komro (MidWest) Rachel Turk Dan DeAlmeida (East/West Coast) +1 (312) 476 6208 +44 (0)20 7674 7406 +1 (646) 943-5903 Anthony.Komro@beazley.com Rachel.Turk@beazley.com Dan.DeAlme
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