SOURCE: Beazley Group

Beazley Group

October 13, 2016 08:00 ET

Beazley Adds Construction and Engineering Head for Latin America to Growing Miami Office

MIAMI, FL--(Marketwired - October 13, 2016) - Beazley, a leading provider of specialist construction and engineering insurance, has appointed Santiago Jaramillo as construction and engineering focus group leader for Latin America. Mr Jaramillo will work out of the company's expanding Miami office focused on serving the Latin American market.

Mr Jaramillo is a civil engineer with over 18 years of experience in insurance/reinsurance and construction. He joins Beazley from Helvetia Latin America where he was head of engineering lines.

Beazley's global construction team underwrites construction risks out of London, Singapore and the US. The company is a leading underwriter on some of the world's largest construction projects including the tallest building in Europe -- The Shard, Hawaii's Light Rail project and many others. Beazley is also a founding member of the Lloyd's Construction Consortium, a leading international market for construction risks with a capacity of up to one billion dollars on a sum insured basis.

Colin Rose, Beazley's head of construction and engineering, said: "We're delighted to continue expanding the reach of our established international construction offerings in Latin American through our new Miami hub. Santiago's extensive industry experience and connections will help us create optimal solutions to address construction and engineering risks throughout Latin America."


Note to editors:

Beazley plc (BEZ) is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, the Middle East and Australia. Beazley manages six Lloyd's syndicates and, in 2015, underwrote gross premiums worldwide of $2,080.9 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, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

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