Beazley’s Board has appointed Paul Bantick, the firm’s Group Chief Underwriting Officer, as an executive director, effective 1 January 2026.
He oversees a broad range of insurance classes, spanning property and specialty lines, including directors’ and officers’, as well as highly specialised areas such as cyber, marine, aviation and political risks.
“Paul built his reputation over two decades as a pioneering leader in cyber insurance, where he was instrumental in the ongoing development and maturation of the market, notably through the creation of the first cyber catastrophe bond and the establishment of Full Spectrum Cyber and Beazley Security,” the specialist insurer explained.
Beazley’s Chair Clive Bannister commented, “My Board colleagues and I are delighted to welcome Paul onto the Board of Beazley.
“Paul’s entrepreneurial spirit, deep underwriting experience and knowledge of the global insurance industry will complement and further strengthen the Board, to help us fulfil our strategic ambitions.”
Beazley’s CEO, Adrian Cox, added, “Paul Bantick has demonstrated leadership in underwriting, risk management, and strategic growth.
“His appointment to the Board will strengthen the Board’s technical depth and reinforce underwriting as a core driver of Beazley’s success.”
In related news, the specialist insurer recently secured a further $300 million of cyber reinsurance protection with its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1).
You can read about this cyber cat bond and all others in the Artemis Deal Directory, which can be filtered by peril.
About the Author
