Beazley appoints Wunderlich to ART role as it expands Bermuda operations

Beazley has appointed Stefan Wunderlich (pictured) as head of alternative risk transfer while confirming plans for a new Bermuda office, as the specialty insurer continues to expand its presence and capabilities on the island's specialty re/insurance market.

He will relocate to Bermuda, subject to immigration approval.

The move forms part of Beazley’s continued investment in Bermuda as a strategic hub for complex and specialty solutions, including ART, mortgage indemnity insurance and property treaty reinsurance.

The insurer has also confirmed its new office location at Ninety-One, 91 Front Street, which is scheduled to open in June 2027.

Beazley said the expansion builds on its growing presence in Bermuda, where it is already underwriting property treaty business.

Paul Bantick, group chief underwriting officer, said: “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. It’s exciting to be part of Bermuda’s innovative insurance community and have the opportunity to better support our brokers and clients manage complex risks.” 

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