Headquarters: 12-13 Starnes Court, Union Street, Maidstone, ME14 1EB, United Kingdom
Year established: 2001
Underwriting expertise: Terrorism, property, and commercial insurance
Key people: Geoff Stilwell (managing director), Andrew Woodhams (senior terrorism underwriter), Matt Gates (senior underwriter, property & commercial)
Beech Underwriting Agencies Ltd, a market leader in the placement of terrorism insurance and other specialist-related coverage, is an approved Lloyd’s coverholder. The managing general agency (MGA) underwrites only on behalf of Lloyd’s of London syndicates and A-Rated composite markets. It offers a range of schemes, which includes SME, property owners, and unoccupied property packages.
Beech Underwriting was founded by current managing director Geoff Stilwell in 2001. It was acquired by specialist lines-focused MGA Occam Underwriting in March 2022 after getting approval from the Financial Conduct Authority.
Beech Underwriting provides four types of coverages, which it also refers to as schemes. These are:
Offered to clients in the UK and across Europe, Beech Underwriting’s terrorism insurance is a stand-alone cover designed for commercial and residential properties. Among its key features are:
Designed for commercial and residential properties, Beech Underwriting’s unoccupied property package covers buildings in the course of alteration and grade II-listed structures. The following types of properties may also be considered:
The scheme comes with the following protection:
Beech Underwriting offers SME package quotes for office and retail risks through its online quote system. It covers home offices and retailers, including those in these trades:
The policies provide the following coverages:
Beech Underwriting property owners’ insurance provides coverage for the following:
Policies have the same features as unoccupied property coverage.
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