Beazley taps new head of North America commercial property

Beazley taps new head of North America commercial property | Insurance Business America

Beazley taps new head of North America commercial property

Specialist insurer Beazley has announced the appointment of Matthew Westhoff (pictured above) as head of North America commercial property, a role that will bring the firm’s US property teams under his leadership.

Westhoff has more than 19 years of experience underwriting US commercial property risks. He joined Beazley in 2019 as focus group leader for the company’s US large commercial property team.

Prior to joining Beazley, Westhoff held leadership roles at Berkshire Hathaway and AIG/Lex. He has also worked at a number of other leading carriers in the US.

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“I am excited that Matt has agreed to take on this new role to head up our North America commercial property team,” said Richard Montminy, global head of property risks at Beazley. “This is a challenging time for property insurance in the US, with rising inflation combined with increasing natural catastrophe events.

“But these unprecedented conditions create an opportunity for specialist insurers like Beazley, willing to step up to the plate to find solutions and deliver underwriting excellence. Matt’s depth of property underwriting knowledge and experience will be invaluable to us as we seek to build out our US team and grow our property portfolios across all of our target market segments.”