Financial News

Beazley adds Florida sales manager to US accident & health division

MINNEAPOLIS, MN--(Marketwired - February 08, 2017) - Beazley, a leading provider of supplemental (gap) protection and other voluntary benefit products, has expanded its US accident & health insurance (A&H) sales team with the addition of Todd Simms as regional sales manager covering the Florida market.

Previously, Simms worked as a Senior Sales Representative for Cigna Group Insurance. Prior to that, he was a broker for USI Insurance Services and Willis.

Beazley A&H offers a suite of gap protection products that help employers broaden benefit options, while providing employees with valuable protection against life's uncertainties. The lead offering is the Gap Medical product, which provides a benefit amount for eligible out-of-pocket medical expenses (deductibles, co-pays and co-insurance). In addition, Beazley offers Hospital Indemnity, Limited Medical and Critical Illness insurance.

Dan Jones, director, broker relations at Beazley, said: "We are excited to welcome Todd to the Beazley sales team. His experience and extensive broker relationships in the Florida market will further expand the reach of our suite of gap protection and voluntary benefits product offerings."


Note to editors:
Beazley plc (BEZ) is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, the Middle East and Australia. Beazley manages six Lloyd's syndicates and, in 2016, underwrote gross premiums worldwide of $2,195.6 million. All Lloyd's syndicates are rated A by A.M. Best.

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to:

About Beazley Supplemental Medical (gap medical)

Benefits and range of options may vary by state. Premium will vary based on plan chosen. A waiting period for late entrants may apply. This policy is renewable at the option of the company.

The Supplemental Medical Expense (out-of-pocket) plan is not a major medical plan. The product is designed to reimburse certain covered expenses, and is only available if an employer has a major medical plan in place. Out-pocket expenses submitted for reimbursement must be eligible under the major medical plan, and must meet the coverage definitions under our policy (may not include full reimbursement, if annual plan limits have been met). Riders for outpatient services performed in a physician's office/urgent care, or for outpatient chemotherapy/radiation performed in a licensed facility, may not be available in all states.

For further information, please contact:

Beazley Group
Hunter Hoffmann

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