The protection of children and vulnerable adults is the primary responsibility of those entrusted with their care. In addition, there are thousands of businesses and organizations whose employees or volunteers interact frequently with children and vulnerable adults, and are thus also exposed to risk.
An allegation of abuse, whether founded or unfounded, can have potentially disastrous consequences for the affected organization. Perceptions of insensitivity or mishandling can easily compound the error in the eyes of alleged victims, their families, the public and, potentially, the courts.
Since 2006 Beazley has provided risk management guidance and insurance to institutions that face such risks. We have learned that a prompt and appropriate response is critical: perceptions of stonewalling can be catastrophic. However, even the best of intentions can be misinterpreted when dealing with a sensitive and emotionally charged situation.
With this in mind, we have created Beazley Safeguard, an offering that combines advanced risk management and proactive crisis response services with effective insurance. Beazley Safeguard is designed to help clients minimize the risk of abuse within their organization, and to respond effectively if an event occurs.
We will consider submissions from all industries and our experience has allowed us to identify five key markets:
- Educational institutions
- Charities & non-profit organizations
- Religious institutions
- Transportation providers
- Healthcare providers
Also, a wide range of for profit companies may benefit from this coverage where their employees have contact with minors and/or vulnerable adults.