Mike Donovan
Head of Cyber & Executive Risk
Cyber and executive risks are growing harder for companies to manage. Technological, social and regulatory changes all impinge on these risks and it is critical for companies to partner with an insurer that can keep pace.
Protecting what matters most
The stakes are very high. You need to protect your critical assets - your clients' data, your operations, senior executives, your own funds and corporate assets, and your corporate reputation. A cyber attack can put all of these assets at risk, but a class action lawsuit against a company's directors can be comparably damaging. And the acceleration and amplification of bad news through social media means that reputational damage can be inflicted faster and with devastating effect. Beazley provides not simply insurance coverage to respond swiftly to claims, but detailed guidance on risk prevention, mitigation and incident response. The business lines that have been combined within the cyber & executive risk division comprise some of Beazley's fastest growing products.
A commitment to prevention
At Beazley we work with you to not just cover your risks but to prevent and mitigate them. We have pioneered a range of radically innovative products. These products frequently combine coverage to indemnify clients against the financial costs of lawsuits with expert services to minimize the chances of claims occurring and respond effectively to incidents when they do occur. This 360° approach will help protect the resources that are most vital to your organization. If a risk can be prevented, we are committed to helping you do exactly that.