SOURCE: Beazley Group

Beazley Group

November 10, 2016 08:00 ET

Beazley adds Miami-based reinsurance underwriter to Specialty Surety Treaty team

MIAMI, FL--(Marketwired - November 10, 2016) - Beazley, a leading provider of specialist reinsurance, has added Stephan Vieira as a reinsurance underwriter in its Specialty Surety Treaty unit, providing treaty and facultative reinsurance for surety and ancillary products. Mr Vieira will work out of the company's expanding Miami office underwriting surety reinsurance programs in Latin America and the Caribbean.

Mr Vieira joins Beazley from Transatlantic Reinsurance Company, where he was Vice President for Treaty Surety and Credit Underwriting. Prior to that, he worked for a number of major insurers, reinsurers and brokers in Brazil. Mr Vieira is a current member of the Brazilian Bar Association.

Beazley's global surety treaty team underwrites surety reinsurance and related reinsurance products out of the U.S. Initially focused on the U.S. and Canada, the unit has expanded its coverage to Japan and continues to expand coverage globally.

Jo McCann, Beazley's head of specialty treaty, said: "I am delighted to welcome Stephan as we expand the geographies across which we provide surety reinsurance solutions. Stephan's extensive industry experience and connections will be invaluable in establishing Beazley's profile as a premier reinsurer of surety portfolios throughout Latin America and the Caribbean."


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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