The London-based Beazley Group plc announced yesterday that Chief Executive Andrew Beazley will have a reduced day-to-day involvement in the business in the coming months as he undergoes medical treatment of an undisclosed nature.

Beazley, a global firm which manages Lloyd’s Syndicates 2623 and 623 and has aggregate underwriting capacity of ?860 million ($1.7 billion), said while Mr. Beazley is undergoing treatment, Nicholas Furlonge, co-founder of Beazley, will cover for the chief executive when required.

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