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20 July 2018Insurance

Beazley seeks CFO as Bride leaves

Specialist insurer Beazley has started a search for a new group finance director to replace Martin Bride.

Bride, who joined Beazley as group finance director in April 2009 has informed the board of his decision to retire in the second quarter of 2019.

In order to ensure an orderly transition and appropriate handover, Beazley’s nomination committee will undertake a comprehensive search process to identify a replacement, which will start immediately, the company said.

Beazley also announced that Catherine Woods has been appointed to the nomination and remuneration committees with effect from October 1, 2018.

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More on this story

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17 January 2019   Specialty insurer Beazley has appointed Sally Lake as new group finance director, replacing Martin Bride who is stepping down in May 2019.
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26 July 2018   Specialist insurer Beazley has launched a new consortium at Lloyd’s of London to provide increased capacity for US wage & hour risks.
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20 July 2018   Specialist insurer Beazley’s first half 2018 profits were dampened by reserve strengthening in the property division as well as a “much lower” investment return than the same period in 2017, according to CEO Andrew Horton.