Marketform sells medical malpractice business to Beazley

The Lloyd's building

Lloyd's underwriter says deal is part of a broader strategic review of the company.

Marketform has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley.

The specialist Lloyd's underwriter said the team being transferred is led by Alex Wakeley and consists of both underwriting and claims staff.

They will join Beazley's specialty lines team and Beazley will also assume claims handling responsibility for related policies issued by Marketform since 1 January 2008.

Marketform further stated it would not underwrite

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