Lloyd's insurer Beazley Group (BEZ.L) has expanded the its capabilities in the area of medical professional liability insurance with the appointment of Daniel Springman to its medical healthcare team.
Beazley said that the addition of Springman will broaden its healthcare professional liability underwriting capabilities in the US.
Previously, Springman worked for four years with Markel Corporation as an underwriting manager specializing in products and professional liability.
Springman will work alongside Evan Smith, who heads Beazley’s miscellaneous medical underwriting team in Chicago. He will underwrite miscellaneous medical risks, long term care, as well as the medical products liability business that fits within Beazley’s underwriting appetite.
With underwriters in London and Chicago, Beazley’s substantial and growing healthcare practice currently serves four of the top 10 hospitals listed by US News & World Report, as well as numerous long term care facilities, clinical research organizations, tissue and blood banks, clinical laboratories, medical staffing agencies and other healthcare-related organizations.