Small Business/Private Enterprise
The Private Enterprise (PE) team focuses on
meeting the professional and management liability needs of small
businesses, offering rapid and responsive underwriting and claims
service.
Although your bottom line may not have as
many zeroes as some of the larger industry players, your insurance
needs are still the same. Whether a small company or a large
corporation, Beazley provides its clients with comprehensive
coverage backed by superior service. We focus on meeting the
needs of small businesses with assets up to $35 million; up to 500
employees.
Our Team
Our PE team is comprised of industry
professionals with in-depth specialty lines insurance
expertise. We have also invested heavily in claim support to
offer our clients a highly proactive service in the event of a
claim. Our claim and underwriting professionals work on your behalf
side by side as a team — a business model that brings more
value to our clients.
Our Products
In the United States, we underwrite risks in three main areas,
mainly with maximum limits of US $5 million (for A&E $2
million per claim and $4 million aggregate):
- Technology and miscellaneous errors and
omissions accounts under US $35 million in revenues with a premium
less than US $50,000
- Architects and engineers professional
liability: up to US $250,000 in revenues
- Management liability: Non-profit for
healthcare institutions: US $35 million in revenues or
contributions. Private company liability/fiduciary: US $35
million in assets
Out of London we underwrite mainly primary
A&E, Miscellaneous & Tech business with the following
characteristics:
- Maximum limits of US $5 million aggregate
- Revenue cap for A&E of US $50 million and Miscellaneous
Tech of US $100 million
Our AFB Media Tech offering provides
professional, technology, mulitmedia, privacy and network security
liability coverage in a single form for a broad spectrum of
companies.
We offer Information Security &
Privacy coverage that meets the evolving needs of
small businesses with industry-leading coverage for emerging data
security and privacy exposures. Click
here for our Information Security application
tailored for small businesses.
Our MPL Secure - Miscellaneous E&O product
provides financial protection for errors and omissions arising from
services provided by businesses such as management consultants,
staffing agencies, resource organizations, outsourcing companies
and security consultants.
Our Appetite
Download our Appetite
Guide to find out what industries we support.
The descriptions contained in these pages are for
preliminary informational purposes only. Coverages will vary
depending on individual state law requirements and may be
unavailable in some states. The exact coverage afforded by the
products described on this website is subject to and governed by
the terms and conditions of each policy issued and can only be
effected through appropriately licensed brokers. The
publication and delivery of the information contained herein is not
intended as a solicitation for the purchase of insurance on any US
risk.
Not all coverages or products described on
this website are available in all US jurisdictions. Some products
are available on an admitted basis in some but not all US
jurisdictions from Beazley’s US insurance company subsidiary, while
other products and coverages may be available in the US only on a
surplus lines basis through licensed surplus lines brokers doing
business with Beazley’s Lloyd’s of London syndicates. To find out
if any coverage or product is available in your jurisdiction,
please contact your insurance broker.
Brokers who have a Terms of Business
Agreement with Beazley may submit applications to PE_Submissions@beazley.com.