Beazley aims to halve costs as COR creeps up in 2019
Beazley hopes to slash its expense ratio in half as a result of the proposed widespread reform of the Lloyd’s market and internal investment in automating simpler classes of business.
The insurer’s full-year results for 2019, published today, saw its expense ratio improve marginally to 38%, compared to 39% in 2018.
Andrew Horton, pictured, Beazley CEO, said: “We can’t say we’ll go
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