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What connects a moonlit heist with a medical device?

After a hospital break-in, the stolen computers were less of a problem than the unencrypted data they contained. It belonged to patients of hospitals that were clients of a business processing outsourcer (BPO) we insure. The BPO was obliged by contract to defend and indemnify their clients. Yikes! They needed a hero. So we stepped up to co-ordinate their notifications and manage the defence of the inevitable class action litigation against the BPO and medical institutions. The costs and legal fees came to $4 million. All covered by the policy, all paid by Beazley.

 

Insurance. Just different.

WHO WE ARE

All the good things in life come with a little risk. Learn more about our journey and how it all started with a hatstand.