Zurich exec makes the switch to Beazley

Commercial property insurance expert Richard Montminy, whose experience spans over three decades and both underwriting and broking, is joining specialist insurer Beazley.

Effective May 20, Montminy will come onboard the company’s executive committee in his capacity as global head of the property division.

Reporting to chief underwriting officer Adrian Cox, he will be in charge of developing Beazley’s global property strategy and will lead property teams based across the US, the UK including at Lloyd’s of London, and Singapore.

Montminy, who previously spent 17 years at Marsh USA, is making the switch from Zurich North America where he was head of property for US commercial insurance.

“I am delighted to welcome Richard to Beazley,” commented Cox. “He brings a wealth of experience to our second largest division, including a deep understanding of both the US and London property insurance markets.”