Beazley has announced the appointment of Alessandro Lezzi (pictured above) as group head of cyber risks.
In this new function, Lezzi will report to Paul Bantick, the group chief underwriting officer, and assume responsibility for leading Beazley’s cyber risk initiatives globally.
Lezzi has served as Beazley’s head of international cyber for over a decade, where he was instrumental in driving the growth of the company’s international cyber portfolio. The company says that his appointment reflects Beazley’s reliance on internal talent to build its leadership in specialty insurance.
Commenting on the appointment, Bantick said, “Alessandro is an outstanding cyber insurance leader. He has driven the growth of our international cyber business, successfully growing our premium income, building out the team, and most importantly creating trusted relationships with our brokers and clients.”
“I’m looking forward to seeing him take our market-leading team on the next phase of growth and innovation, bringing the capabilities of Beazley Security and our Full Spectrum Cyber offering to even more businesses around the world,” Bantick said.
This announcement follows Beazley’s recent leadership changes, which include the appointment of Bantick as group chief underwriting officer and Bethany Greenwood as chief executive of Lloyd’s managing agency Beazley Furlonge Limited.
Both took on their new roles in October after the retirement of Bob Quane. Greenwood also serves as chair of Beazley’s London wholesale management committee while retaining her role as group head of specialty risks.
Bantick will continue to oversee the cyber risks division until Lezzi officially assumes his new role. Greenwood, based in Beazley’s Boston office, and Bantick, who joined the UK operations in 2005, bring decades of industry experience to their respective positions.
Beazley CEO Adrian Cox noted Bantick’s contributions, saying, “Paul is an outstanding insurance leader. He has driven the growth of our own cyber business and been a leader in the ongoing development and maturation of the marketplace.”
Cox also expressed gratitude to Quane for his focus on climate risk and his role in advancing the property business’s growth.
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