Group aims to strengthen team and help clients obtain the cover they need

Beazley Group, a UK-based company engaged in risk insurance and reinsurance business, has expanded its property insurance business through the recruitment of Mark Bodkin as a new senior underwriter on the Lloyd’s team.

Most recently Mr Bodkin was a senior underwriter at the global markets property division of Hiscox.

At Beazley, Mr Bodkin will focus on global property direct and facultative business, especially from the US. He joins Beazley on May 5, 2009.

Alistair Robson, head of London market underwriting¬†at Beazley’s property group, said: Premium rates, which have been recently depressed in the property market, have been rising quite sharply since January. We see growth opportunities but we are also mindful of the real challenges confronting our clients and brokers in the current economic environment. I am delighted that we will be able to call upon Mark’s skills and experience to strengthen our team and help our clients obtain the cover they need.

Beazley Group is a specialist insurer with more than two decades of experience in providing clients with the highest standards of underwriting and claims service worldwide.