Beazley is expanding its presence in Canada with the acquisition of the specialist managing general agent, Creechurch Underwriters.
Since its founding in 1996, Creechurch has built a strong reputation for providing tailored insurance programmes to small and medium enterprises in a range of industries and professions, including technology, life sciences and health products, manufacturing, distribution and trades, and architects and engineers.
It also offers standalone products for cyber, management liability, commercial crime, employment practices liability, professional liability, miscellaneous errors & omissions, medical malpractice, general liability, property (including vacant property), and legal expenses.
Creechurch's 30 strong team will remain based in their existing Toronto, Montreal and Vancouver offices and continue to be led by Phil Baker who will report to Gerard Bloom, Beazley's head of international financial lines.
At 9:10am: (LON:BEZ) Beazley PLC share price was +2.1p at 437.1p