Our market leading cyber solution protects businesses against their cyber threats by building resilience and minimising risk
Malicious threats like zero-day malware and ransomware are on the rise but businesses cannot ignore unintended disclosure and human error risks. Business interruption, cyber extortion, loss of critical operational data and electronic crime present critical risks that businesses must address.
In response, we equip all our clients with the cutting-edge pre-breach and risk management tools, services and techniques needed to minimize exposure and reduce vulnerabilities from the dangerous world of cyber risks. In the event of a cyber breach, clients work directly with our inhouse cyber services and claim specialists to resolve the incident.
Beazley Breach Response (BBR) is a privacy breach response management and information security insurance solution. The policy form is streamlined and comprehensive to cover organizations seamlessly in the event of a cyber incident.
For accounts with revenues of £20m and under, brokers can access this product via our myBeazley platform, which provides brokers with the ability to get a quote, buy and service a range of specialist insurance products at the touch of a button.
A cyber breach isn’t always a disaster. Mishandling it is.
Our inhouse Cyber Services specialists assist our clients at every stage of incident investigation and breach response to minimise threats and resolve the incident.
They coordinate the carefully vetted forensics experts and specialized lawyers to help establish what’s been compromised; assess responsibility; and notify those individuals affected. Credit or identity monitoring for customers and PR advice is also available to help safeguard reputation.
Find out about our full range of cyber services here
We also, of course, indemnify losses from lawsuits or regulatory actions, the risk of which may be reduced by a well-coordinated breach response but can never be completely eliminated.
Our claims team has been at the forefront of defending clients in the developing and evolving legal arena of privacy class actions and regulatory investigations arising from cyber breaches.
As cyber pioneers, we invented this approach. We do more of it than anybody else. To date we have managed thousands of breaches swiftly and successfully.
Preparing for and preventing cyber incidents have become inseparable from insuring a cyber loss.
As cyber pioneers with years of experience, our range of pre-breach support services and proactive risk management guidance enables clients to improve their controls and cyber security requirements to mitigate risks before an incident occurs.
Our cyber clients get exclusive access to our risk management portal, beazleybreachsolutions.com, packed with resources for incident response planning, employee training, compliance, and security best practices.
Our Cyber Services team also coordinates a variety of pre-breach services such as onboarding calls, incident response plan review, live webinars and workshops so our clients can improve the robustness of their cybersecurity.
Smaller organizations are targeted as frequently as major corporations, but often lack access to the internal expertise and resources that large businesses can draw upon. Lodestone Security LLC, is a wholly owned subsidiary of Beazley plc, provides cybersecurity consulting services tailored to enhance our clients’ cyber defences with strategic and tactical services.
The UK, Europe, United States, Canada, Latin America, Australasia
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
A school district was hit with ransomware and two of its servers were completely encrypted. Critical documents were rendered inaccessible. BBR Services coordinated an engagement with forensics and legal counsel. Forensics was able to quickly identify the type of ransomware and determine its known capabilities. They were also able to find the decryption key for this particular strain of malware and use it to successfully restore all of the district's files.
A manufacturer employee's active directory account was compromised. The hacker used the employee's mailbox to send emails requesting a money transfer to some outside account. BBR Services arranged for the manufacturer to work with panel counsel and forensic firm. The forensic firm determined that no personally identifiable information had been compromised and the law firm determined the manufacturer had no obligation to notify.