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    Beazley extends flagship Safeguard product to the Australian market

    Safeguard Australia will be headed up by Paul Nash

    Beazley has extended its Safeguard product, which helps businesses minimise the risk of sexual abuse within their organisations, to the Australian market.

    Beazley Safeguard is designed to help clients reduce the risk of abuse within their organisation, but also to respond effectively if an incident does occur. Alongside advanced insurance coverage, it provides critical prevention and crisis response services as standard, reducing the risk of such incidents occurring in the first place and responding quickly and appropriately when they do.

    Paul Nash, Employment Practices Liability and Safeguard Focus Group Leader for Specialty Risks at Beazley, commented: “None of us want to imagine that it could happen where we work or volunteer, and every effort should be made to engage with the risk management programme included with Beazley Safeguard, but should an incident of sexual molestation occur, organisations need crisis management services in place, to ensure a well-coordinated and effective response is provided as quickly as possible.”

    Bethany Greenwood, Head of Specialty Risks at Beazley, added “Even with effective HR policies and the best management practices, the behaviour of individual employees cannot always be predicted. When this variance from the norm is extreme, it is crucial that businesses protect themselves with robust risk management, including appropriate insurance cover.”

    The Safeguard Australia product is suitable for the education, not for profit, transportation, healthcare, religious institution and leisure sectors among others, and is available throughout Australia from today. It can be accessed via Beazley’s London market platform.

    For more information about Beazley Safeguard, please click here

    For further information, please contact:

    Beazley Group

    Emily Rogers

    T +44 (0)20 7674 7517

    Note to editors:

    Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, United States, Canada, Latin America and Asia. Beazley manages six Lloyd’s syndicates and, in 2020, underwrote gross premiums worldwide of $3,563.8m. All Lloyd’s syndicates are rated A by A.M. Best. 

    Beazley’s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd’s.

    Beazley’s European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

    Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber, property, marine, reinsurance, accident and life, and political risks and contingency business.

    For more information please go to: www.beazley.com

     

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