Beazley Creates Ground-breaking Risk Education Tools for Architects and
New web portal meets industry need for heightened risk awareness
FARMINGTON, Conn., Jan. 22, 2013
FARMINGTON, Conn., Jan. 22, 2013 /PRNewswire/ -- Beazley Group (BEZ.L), a
leading insurer of professional liability insurance for design firms, has
launched a redesigned web portal that gives clients and brokers access to
industry-leading risk management materials.
(Photo: http://photos.prnewswire.com/prnh/20130122/NY46066 )
"Good risk management is not only protection against hugely expensive and
time-consuming professional liability claims," said James Schwartz, US
architects and engineers focus group leader at Beazley, "but can also be an
important source of competitive advantage."
The web portal was created to heighten firm-wide awareness of risk issues and
to offer insights and solutions. It includes:
oAn instructional video series titled "By Design" that walks firm employees
through typical business scenarios that may lead to costly claims and lost
business. The story lines for the series are based on real life examples.
oA "Beazley Box Broker toolkit," containing presentation materials that
allow brokers to host risk management educational sessions for insureds.
oMore than 30 on-demand webinars hosted by industry experts on topics that
pertain to design professionals. Beazley's live risk management webinars,
which have been hosted quarterly since 2006 for brokers and insureds, now
often draw 1,000 plus attendees.
oInteractive state map with actual case information regarding state
statutes and the courts' interpretation of the law directly impacting
liabilities and exposures facing design professionals.
"As a leading insurer for design firms of all sizes and with more than 25
years of experience, we have a unique perspective on the types of risks that
are most threatening to design firms' finances and reputation," Mr Schwartz
"Risk management is not the responsibility of just one individual in the
company, but of the entire firm. We urge risk managers to share these tools
with all of their employees."
Note to editors:
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses
with operations in Europe, the US, Asia and Australia. Beazley manages five
Lloyd's syndicates and, in 2011, underwrote gross premiums worldwide of
$1,712.5 million. 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 is a market leader in many of its chosen lines, whichinclude
professional indemnity, property, marine, reinsurance, accident and life, and
political risks and contingency business.
For more information please go to: www.beazley.com
SOURCE Beazley Group
Contact: James Schwartz, +1-617-239-2607
Press spacebar to pause and continue. Press esc to stop.