The acquisition of Beech is part of Occam’s strategy to diversify into additional lines of business. Beech bring with them their expertise in terrorism insurance and a well established panel of underwriting partners. Working closely together, Beech and Occam will be able to deliver a broader service offering to their clients.
The Beech team will continue to be led by Geoff Stilwell, Andrew Woodhams and Matt Gates from their Maidstone offices.
Beech Underwriting was founded in 2001 by owner Geoff Stilwell and is a market leader in the placement of terrorism and other specialist related insurance, with agents throughout the UK. Occam, also an MGA, currently specialises in space and energy risk. Both companies are approved Lloyd’s coverholders.
Claire Williams (Picture), Corporate Partner, led the deal team at Brachers and was supported by Corporate Partner Matthew Simmonds, Corporate Solicitor Raul Hernandez and Employment Partner Antonio Fletcher.
Law Firms: Brachers Law LLP;
Clients: Beech Underwriting;