Beazley launches new online portal for Weather Guard product

Beazley launches new online portal for Weather Guard product


Specialist insurer Beazley has announced a new online portal for its Weather Guard product.

The portal, created in partnership with Paragon, will provide faster service with no change to the quality of cover, limits or specific weather perils, Beazley said. Weather Guard will continue to be written on Beazley’s admitted paper, and Weather Guard claims will still be handled by the company’s claims team.

“Weather Guard is a market-leading weather insurance product, leveraging Beazley’s comprehensive historical weather data and experience going back nearly 40 years and backed with outstanding underwriting expertise,” said Andrew Duxbury, head of contingency at Beazley. “It offers excellent protection against extreme weather events to businesses across the United States.

“The new online portal will ensure that more brokers are able to easily access Weather Guard using high-quality, cutting-edge technology for speedy, frictionless turnaround times. I’m looking forward to working with Paragon as we continue to build Weather Guard together.”

Read next: Beazley strengthens North American commercial property team

“Weather Guard, a product I’ve underwritten for nine years, plays an important role in protecting North American businesses from weather-related losses, and Paragon is excited to be helping bring it to an ever-wider audience via state-of-the-art digital distribution tools,” said Christian Phillips, president of contingency practices at Paragon.

See also  Citizens could hit record size as private market appetite wanes for Florida: ALIRT