Beazley names ART leader as it expands Bermuda hub

Beazley Group has appointed Stefan Wunderlich as head of Alternative Risk Transfer, in addition to his current role as head of Parametric.

Wunderlich will relocate to Bermuda, subject to immigration approval, as Beazley builds out the island as a hub for complex and specialty solutions, including alternative risk transfer, mortgage indemnity insurance, and property treaty reinsurance.

The specialty insurer also confirmed a new Bermuda office at Ninety-One, 91 Front Street, scheduled to open in June 2027. The office lease was secured through Brookfield Asset Management.

“We are moving at pace to build out our presence in Bermuda. We have a growing team on the ground, are already successfully underwriting Property Treaty and the deployment of Stefan’s expertise will see a step change in our ART offering, which includes parametrics.” – Paul Bantick, group chief underwriting officer at Beazley.