Beazley creates new key role to drive strategic plan for future

Specialist insurer  Beazley has created a new role of group head of strategy to help deliver on its corporate objectives and drive the business' future strategy and direction.

Rachel Turk (pictured) has been appointed to the role. She will also join the insurer's executive committee.

In addition to her role at Beazley, Turk also sits on the board of the Lloyd’s Market Association (LMA). Previously, she held the role of head of corporate development at the insurer.

Turk joined Beazley in 2009 as a D&O underwriter in specialty lines, becoming focus group leader in 2015, and was appointed head of corporate development in 2019. Prior to joining Beazley, she held equity and finance analyst roles.

Adrian Cox, chief executive officer of Beazley, said that Turk's appointment puts her at the heart of defining the company's future strategy and direction.

“This is a very well deserved promotion. Since 2019, Rachel has been working with the executive helping us to develop and refine our corporate strategy, as well as developing plans to ensure that we deliver on our corporate objectives,” he added.

“Over the past couple of years Rachel has driven a number of key development activities, including identifying growth opportunities in existing markets via mergers and acquisitions. She has also been instrumental in the creation and success of our incubation underwriting team, which is at the forefront of exploring new products and services.”

Turk commented: “Core to our strategy is to do the right thing for our clients, the markets we serve and the business as a whole. Which is why harnessing our depth of experience, knowledge and insight to create risk services and solutions that make a real difference to our clients is key to our future success.

“This is a particularly exciting time for Beazley, and I am delighted that I will be helping to drive the strategic direction at this time of change and opportunity.”

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