Beazley expands underwriting team for crisis response coverage

Underwriters to write standalone insurance products

Beazley expands underwriting team for crisis response coverage

Insurance News

By Lyle Adriano

To bolster its capabilities in crisis response insurance, specialist insurer Beazley has welcomed two new underwriters to the team.

Lindsey Fyfe and Kyle Rolf have been appointed as underwriters by Beazley to write Deadly Weapons Protection (DWP) and Safeguard insurance solutions for the company’s US-based clients.

Fyfe joins Beazley from Risk Placement Services in Georgia, where she spent more than seven years specializing in casualty risks. She was also previously an associate broker with AmWINS Group. In her new role at Beazley, Fyfe will be based in Atlanta.

Rolf was most recently serving as a senior territory manager with Liberty Mutual in San Diego, where he focused on portfolio management and business development. He joined Liberty Mutual in 2013, initially as a commercial underwriter. At Beazley, Rolf will continue to be based in Southern California.

DWP and Safeguard are standalone insurance products that provide protection and crisis response services, on top of coverage. They protect organizations from two critical risks – armed assailant incidents and workplace abuse allegations, respectively.

“We are very pleased to welcome Lindsey and Kyle who bring fresh skills and experience to our team in handling these complex areas of risk. Beazley DWP and Safeguard have been developed to provide specialist services and cover that respond to some of the most serious threats to organizations and their people,” said Beazley executive risk underwriter and Safeguard US product lead Christina Herald.

“Human behavior is complex and unpredictable, and the negative effects can wreak havoc on your organization and your reputation. Effective risk management is essential to reduce the risk of these events happening. Organizations need crisis management and communications in place should an incident occur, as events unfold quickly and demand an urgent and well-coordinated response,” commented Beazley head of terrorism and DWP Chris Parker.

Parker also added that the expansion of the underwriting team enables Beazley to better support its clients and brokers, as well as to meet the increase in demand for the products.

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