Specialist insurer Beazley has restructured its large commercial property team and its Canadian and E&S property teams to create a single North American property team, the company has announced. The team will be supported by four regional hubs to make access simpler for brokers and create a single risk appetite approach and philosophy.
The company has appointed four new regional leaders. Three of the appointments were internal promotions, while Robert Sadlier (pictured above) has joined the firm as Central Region leader. Sadlier, based in Chicago, joins Beazley from Ironshore, where he served as an E&S property underwriting officer.
“Robert’s appointment adds additional bench strength to our already outstanding property team, and we look forward to continuing to support our brokers and clients as property cat exposures continue to grow and the market becomes more volatile,” said Richard Montminy, group head of property risks at Beazley.
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Ashley Irwin has been named Northeast regional leader, based in New York. Reid Jaffee has been appointed Southeast regional leader and will be based in Atlanta. Tim Carlin was named Western regional leader, based in San Francisco. Each regional leader is supported by a locally based underwriting team.
Mike Cooper has been appointed to the new role of property product leader to drive a consistent underwriting approach to products and business strategy. All teams will report to Matt Westhoff, head of North American commercial property.
“These changes are the final piece in our property strategy to create a single commercial property team in North America,” Montminy said. “Most importantly, it simplifies our distribution and helps us to support our brokers where they are located, offering easier access and consistent service, irrespective of the channel, based on a unified risk appetite and underwriting approach.”