Beazley strengthens team with CNA exec

Insurer Beazley has strengthened its crime and fidelity bond underwriting team with the appointment of Michael Kontonotas in New York.

Kontonotas joins from CNA where most recently he served as a fidelity and kidnap and ransom underwriting consultant.

"We are very fortunate to have an underwriter of Michael's caliber join the team. His background in the increasingly sophisticated crime and fidelity bond risk arenas will definitely strengthen our foothold in the marketplace," said Bill Jennings, head of the financial fidelity/commercial crime unit for Beazley in New York.