LONDON, Sept. 6, 2005 (PRIMEZONE) -- Globix Ltd. has been awarded a three-year contract to provide managed web infrastructure and security services for the online services provided by Beazley Group plc. The agreement includes the company's corporate website, beazley.com, and beazleytrade.com, an innovative online e-trading platform for specialist insurance products.
Beazley is a specialist underwriting business, which has been operating in the Lloyds market since 1986. The company focuses on writing specialty-risk insurance and reinsurance business in selected markets. Through its specialist approach to underwriting, Beazley has established a strong reputation in the specialty lines, commercial property, retail and personal lines, and treaty and marine sectors. Since its IPO in 2002, Beazley has been listed on the London Stock Exchange. In 2004, Beazley established a new U.S. operation, Beazley Insurance Company, Inc., an admitted carrier. The company is developing its global online platform to improve the speed, reliability and quality of service offered to its brokers.
In order to guarantee the high service levels required for such a comprehensive online platform, Beazley wanted to use a specialist managed hosting provider. After considering a number of suppliers, Globix was selected to deliver the service.
"We chose Globix because of its ability to deliver a complex web infrastructure consisting of various technologies within a short time period," said Dominic Shine, Beazley Group CIO. "Given Beazley's continuing expansion into the U.S. market, Globix' extensive peering network is a strong advantage, commercially and geographically."
Beazley has major expansion plans for its e-trading platform so it was vital that the first development phase ran smoothly.
"The Globix technical team was very professional and knowledgeable, providing the crucial support we needed to ensure that the project was delivered on time and to budget," added Shine. "Globix' layered approach to security means it offers intrusion detection and prevention systems alongside its standard firewall technologies, placing it apart from the other hosting providers we considered."
"We are delighted that Beazley has selected Globix as its managed hosting provider," said Philip Cheek, Managing Director, Globix Ltd. "Beazley's innovative e-trading platform mirrors the first-to-market approach Globix has taken with its security services. By combining this approach with our state-of-the-art infrastructure and technical expertise, we believe we can continue to meet Beazley's global business needs now and in the future."
About Globix Ltd.
Globix Ltd. is a wholly owned subsidiary of Globix Corporation (AMEX:GEX), a leading provider of application, media, IP infrastructure and network services. Globix delivers tailored and scalable business solutions that are cost effective, help clients optimize and protect revenue streams, improve user satisfaction and reduce technology operating costs and risks. NEON, also a wholly-owned subsidiary of Globix, provides advanced optical networking to carriers and large enterprise customers in the Northeast and mid-Atlantic. Globix and its subsidiaries have operations in New York, NY, Boston, MA, London, UK, Santa Clara, CA, Fairfield, NJ, Washington, DC and Atlanta, GA. For more information, visit www.globix.com.
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