Beazley sells U.S. benefits subsidiary to Globe Life

McKinney, Texas-based life insurer Globe Life Inc. acquired Beazley Benefits from London-based specialty insurer Beazley P.L.C., reports Markets Insider. Beazley Benefits provides accident and health insurance, as well as supplemental health insurance products. The transaction, which closed Aug. 1 for an undisclosed amount, is expected to enhance Globe Life's employee benefits solutions.