|Date joined:||18 May, 2021|
|Initiatives:||Principles for Sustainable Insurance|
Beazley is a specialist insurer with three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. All their insurance businesses are rated A (Excellent) by A.M. Best. Beazley is a proud participant in the Lloyd’s market, the largest and oldest insurance market in the world. Through the Lloyd’s broker network and the market’s trading licenses, they are able to access a wide range of insurance and reinsurance businesses from around the world. Their client base is broadly diversified by type, by size and by geography.
Beazley has just launched its first Responsible Business Strategy in which there is a commitment to become a signatory to the UN PSI. They have chosen to achieve this as an objective for the following reasons:
- They want to be recognised as an Insurer who takes Sustainability and ESG matters seriously, embedding it as part of their business as usual approach.
- They have ambitions to work with clients to support them in their transition to decarbonisation and feel being a member of the UN PSI adds credibility to this.
- They wish to leverage the resources available with being a member of the UN PSI to enhance their knowledge and understanding of sustainability issues.
- They wish to play an active role in industry developments for sustainability issues.