Success Stories

Beazley

Worldwide Portfolio
Worldwide Portfolio SF
Cresa Philadelphia
Download as PDF

Client Objectives

Beazley PLC is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd’s syndicates and, in 2011, underwrote gross premiums worldwide of $1,712.5 million. Beazley’s global business is transacted through six divisions: life, accident and health; marine; political risks and contingency; property; reinsurance; and specialty lines.

Beazley has offices worldwide and continues to experience significant growth in all of their business lines as well as via acquisitions.  Real estate operations were split between New York and London and as growth continued it was Beazley’s goal to consolidate all of their real estate services with one provider.

Results

Beazley began working with Cresa in North America in 2006 on their search for office space in Philadelphia.  After the successful completion of that assignment, Beazley engaged Cresa to provide services throughout North America.  Subsequently, Beazley decided to consolidate its real estate portfolio with one provider globally to better coordinate their international and North American portfolios and manage the company's growth.  Cresa was selected to exclusively represent Beazley worldwide beginning in early 2011 commencing with Beazley’s London headquarters project.

Since early 2011, Cresa has also completed international projects for Beazley in Brisbane, Australia; Sydney, Australia; Hong Kong; Paris, France and Dublin, Ireland.  Two recent significant projects in North America include Chicago, Illinois and Atlanta, GA.

Additional Assignments

Cresa has been Beazley's exclusive North American provider since 2006 and exclusive worldwide provider since 2011.

Search

Top Stories