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
- Not-for-profit organizations
- Religious institutions
- Transportation providers
- Healthcare providers
Also, a wide range of companies are increasingly being mandated to purchase this coverage via contractual requirements (for example, contractors working on site at a school) and we can offer them appropriate cover. General liability policies, many previously silent, now often expressly exclude the coverage, requiring insureds to obtain the cover on a stand-alone basis.
Wordings / policies
The descriptions contained on this website are for preliminary informational purposes only. In the US, the product may be available on an admitted basis in some but not all jurisdictions through Beazley Insurance Company, Inc. In other US jurisdictions, the product is underwritten by Beazley syndicates at Lloyd's and is available only on a surplus lines basis through licensed surplus lines brokers. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk.
Except where products are issued by Beazley Insurance Company, Inc., coverages are underwritten by Beazley syndicates at Lloyd's and will vary depending on individual country law requirements and may be unavailable in some countries. The exact coverage afforded by the products described herein is subject to and governed by the terms and conditions of each policy issued.
Some coverages are made available through Beazley USA Services, Inc., which is a service company that is a part of the Beazley Group and has authority to enter into contracts of insurance on behalf of the Lloyd's underwriting members of Lloyd's syndicates 623 and 2623 which are managed by Beazley Furlonge Limited. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497).