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Beazley Expands Healthcare Team with Appointment of Tom McNally

CHICAGO, June 22 /PRNewswire-FirstCall/ -- Beazley Group (BEZ.L) today announced the addition of Tom McNally to its miscellaneous medical healthcare team, expanding the insurance company's capabilities in the area of medical products liability coverage.

The addition of Mr McNally, who joins Beazley from Markel Corporation, will broaden Beazley's healthcare professional liability underwriting capabilities in the United States. With underwriters in London and Chicago, Beazley's substantial and growing healthcare practice currently serves three of the top 10 "honor roll" hospitals listed by US News & World Report, as well as numerous long term care facilities, clinical research organizations, tissue and blood banks, clinical laboratories, medical staffing agencies and other healthcare-related organizations.

Previously, Mr McNally worked for nine years with Markel Corporation as an allied healthcare and products liability specialist where he managed the southeast region for Markel subsidiary Markel Shand, Inc. (formerly Shand Morahan & Company, Inc.) and served as a product manager of the company's products liability line. Prior to Markel, Mr McNally worked in retail brokerage for Johnson & Higgins and Marsh & McLennan from 1994 to 1999. Mr McNally is a graduate of the College of the Holy Cross.

Mr McNally will work alongside Evan Smith, who heads Beazley's miscellaneous medical underwriting team in Chicago. He will underwrite both miscellaneous medical risks (sometimes categorized as 'allied healthcare' risks) as well as targeting certain non invasive medical products liability business that fits within Beazley's underwriting appetite.

Evan Smith said: "We see opportunities in the medical products liability market and Tom is very well equipped to help us serve clients in this space. His experience will also be invaluable as we continue to build our miscellaneous healthcare book."

    For further information, please contact:
    Evan Smith, Underwriter 312-506-6393

Note to editors:

Beazley plc (BEZ.L), is the parent company of global, specialist insurance businesses with operations in the UK, US, France, Germany, Ireland, Singapore, Hong Kong and Australia. Beazley manages four Lloyd's syndicates: Syndicate 2623 and Syndicate 623 underwrite a broad range of insurance and reinsurance business worldwide; Syndicate 3623 focuses on accident and health business; and 3622 is a dedicated life syndicate. In 2008, Beazley underwrote gross premiums of 875.7 million pounds Sterling. All Lloyd's syndicates are rated A by A.M. Best.

In the US, Beazley's underwriters focus on writing specialist insurance products in the admitted market, backed by Beazley Insurance Company, Inc., an admitted carrier in all 50 states; and surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley Insurance Company, Inc. is rated A by A.M. Best.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to:

SOURCE Beazley plc
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