Beazley’s board of directors has appointed Paul Bantick, the company’s group chief underwriting officer, as executive director, effective January 1, 2026.
Bantick currently leads the strategic direction of Beazley’s specialist underwriting portfolio, ensuring strong alignment between the group’s growth objectives and underwriting discipline.
He oversees a broad range of insurance classes covering property and professional areas, including directors and officers, as well as highly specialized areas such as cyber, maritime, aviation and political risk.
“For two decades, Paul has developed a reputation as a pioneering leader in the cyber insurance space, playing an important role in the continued growth and maturation of the market, particularly through the creation of the first cyber catastrophe bond and the establishment of Full Spectrum Cyber and Beazley Security,” the specialty insurance company explained.
Beazley Chairman Clive Bannister commented: “My board colleagues and I are delighted to welcome Paul to the Beazley Board.
“Paul’s entrepreneurial spirit, deep underwriting experience and knowledge of the global insurance industry will complement and further strengthen the Board to help us achieve our strategic goals.”
Beazley chief executive Adrian Cox added: “Paul Bantick has demonstrated leadership in underwriting, risk management and strategic growth.
“His appointment to the board will enhance the technical depth of the board and strengthen underwriting as a core driver of Beazley’s success.”
In related news, the specialty insurer recently secured a further $300 million in cyber reinsurance protection through its latest cyber catastrophe bond, PoleStar Re Ltd. (Series 2026-1).
You can read about this Internet Cat bond and all other bonds in the Artemis Trade Directory, which can be filtered by hazard.