Beazley, a prominent global insurance firm, has announced the appointment of Lindsay Shipper as the new head of its North American commercial property division. This strategic move reflects Beazley’s ongoing commitment to addressing climate risks and the challenges presented by rising property values.
Lindsay Shipper comes with a wealth of experience in the insurance industry. Before her new role, she held various positions within Beazley, demonstrating expertise in underwriting and risk management. Her background positions her well to navigate the complexities of today’s property market.
With climate change increasingly influencing property values and risks, Beazley aims to enhance its approach in this area. The company recognizes the need to adapt its underwriting strategies to account for climate-related factors that might affect property investments.
This appointment could signal important shifts in how insurance firms assess and manage risks associated with properties. As climate change continues to reshape the insurance landscape, having a leader with a keen focus on this issue may help Beazley cater to evolving client needs.
In summary, Lindsay Shipper's leadership role at Beazley highlights the firm’s dedication to tackling climate risks and ensuring effective management of rising property values. As the industry grapples with these pressing concerns, her experience could lead to innovative approaches that benefit clients and the broader market.
Original Source: https://www.insurancebusinessmag.com/us/news/property/beazley-taps-lindsay-shipper-to-head-north-american-commercial-property-528594.aspx