Beazley enters European property market

Specialty insurer Beazley Group announced the appointment of Sara Foucher as Head of Commercial Property, Europe, effective immediately. Based in Paris, Foucher will spearhead the development of Beazley’s property offering while growing the team across the region to meet the demand for specialty solutions. She will report to Richard Montminy, Group Head of Property Risks.

Foucher brings three decades of industry experience to Beazley. She joins from Generali, where she was Head of Underwriting GC&C, France. Prior to this, she held a number of senior positions, including Property Underwriting Director for France and Belgium at RSA and Head of Property, France, at Swiss Re Corporate Solutions.

“Businesses across Europe need access to specialist property insurance solutions as climate risk and rising asset values are transforming the risks to which property owners are exposed. Sara’s appointment signals our intent to grow our presence in the market and her reputation and experience makes her perfectly placed to galvanise the build out of our team across Europe and I look forward to working with her.” – Richard Montminy, Group Head of Property Risks, Beazley.

“Beazley is committed to growing our presence in Europe, we see increasing demand for specialty insurance expertise that can shoulder the risks of an increasingly complex and volatile environment. I am delighted that we are adding property to our expanding roster of speciality solutions, which will better serve the needs of our brokers and clients.” – Fred Kleiterp, Managing Director for Europe.

“Beazley is known for its innovative approach to risk and out of the box thinking. I look forward to building out our presence in the property markets across Europe.” – Sara Foucher.