Beazley PLC on Friday named Matthew Westhoff to the newly created role of head of North America commercial property.
Mr. Westhoff, who is based in New York, joined Beazley in 2019 as head of its U.S. large commercial property business.
Prior to that he held various leadership roles at Berkshire Hathaway Specialty and American International Group Inc.
“This is a challenging time for property insurance in the U.S., with rising inflation combined with increasing natural catastrophe events. But, these unprecedented conditions create an opportunity,” Richard Montminy, global head of property risks at Beazley, said in a statement.