What we offer

Gaps in cybersecurity inventory, for both on-premises assets and cloud resources, can leave exposed attack surfaces. Our latest snapshot reveals how to protect against vulnerabilities from poor asset management.
Cyber Services Snapshot

Businesses are adopting a dangerous ‘out of sight, out of mind’ approach to their cyber risk, according to our latest client research Spotlight on: Cyber and Technology risk

Companies are not as well prepared as think – Patricia Koscondy explains the threats. Watch the video.

Cyber security alert! Why updating legacy systems is critical – Bala Larson explains why

Our InfoSec policy offers large businesses an unrivalled range of coverage options to address their evolving cyber risks. Coverage includes: 

Breach response costs 

  • Legal services  
  • Computer forensic services 
  • Notification services  
  • Call center services 
  • Credit monitoring, identity monitoring or other personal fraud or loss prevention solutions  
  • Public relations and crisis management expenses.  

First-party  

  • Business interruption loss from security breach or system failure  
  • Dependent business interruption loss from security breach or system failure  
  • Cyber extortion loss  
  • Data recovery loss  
  • Data and network liability.  

Third-party  

  • Third-party information security and privacy coverage  
  • Full media liability  
  • Regulatory defense and penalties  
  • Payment card liability and costs.  

eCrime   

  • Fraudulent instruction  
  • Funds transfer  
  • Telephone fraud.  

Criminal reward

Limits up to $50m/€50m

 

 

 

How can we help

Preparing for and preventing cyber incidents have become inseparable from insuring a cyber loss. As cyber pioneers, our support services and proactive guidance enables clients to improve their controls and cyber security requirements.  

Find out about our full range of cyber services here

Lodestone Security LLC, a wholly owned subsidiary of Beazley plc, provides cybersecurity consulting services tailored to enhance our clients’ cyber defences. 

Our cyber clients get exclusive access to our risk management portal, beazleybreachsolutions.com, packed with resources for incident response planning, employee training, compliance, and security best practices.

Our Cyber Services team also coordinates a variety of pre-breach services such as onboarding calls, incident response plan reviews and workshops so our policyholders can improve the robustness of their cybersecurity. 

Who we can help

Organizations from a wide range of industries including: 

  • Healthcare 
  • Hospitality 
  • Retail 
  • Financial institutions 
  • Higher education 
  • Manufacturing 
  • Professional services firms 
  • Wholesale 
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Where Is This Offered?

Worldwide

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The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.  

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

A school district was hit with ransomware and two of its servers were completely encrypted.  Critical documents were rendered inaccessible.  Our inhouse Cyber Services coordinated an engagement with forensics and legal counsel.  Forensics was able to quickly identify the type of ransomware and determine its known capabilities.  They were also able to find the decryption key for this particular strain of malware and use it to successfully restore all of the district's files. 

A manufacturer employee's active directory account was compromised. The hacker used the employee's mailbox to send emails requesting a money transfer to some outside account. Cyber Services arranged for the manufacturer to work with panel counsel and forensic firm. The forensic firm determined that no personally identifiable information had been compromised and the law firm determined the manufacturer had no obligation to notify. 

Your Beazley Team

 
 
 

Patricia Koconsdy

Patricia Kocsondy
Underwriters

Patricia Koconsdy

Head of US Cyber and Technology

New York, NY

212-801-7226 Email Patricia Koconsdy View profile

Frank Quinn

Frank Quinn
Cyber Services

Frank Quinn

Beazley Breach Response Risk Manager

New York, NY, USA

+1 212-801-7135 Email Frank Quinn View profile

Tim Gallagher

Tim Gallagher
Underwriters

Tim Gallagher

Large Risk Underwriter - Cyber & Technology

New York, NY, USA

+1 212-801-7188 Email Tim Gallagher View profile

Bob Wice

Bob Wice
Underwriters

Bob Wice

Head of Underwriting Management. Cyber & Tech

Farmington, CT, USA

+1 860-677-3779 Email Bob Wice View profile

Nyreese Arzu

Nyreese Arzu
Underwriters

Nyreese Arzu

Underwriter - Cyber & Technology

Los Angeles, CA

12132287711 Email Nyreese Arzu View profile

Justin Patrick

Justin Patrick
Underwriters

Justin Patrick

Head of US Large Accounts

Atlanta, GA, USA

+1 770-351-1754 Email Justin Patrick View profile

Raf Sanchez

Raf Sanchez
Cyber Services

Raf Sanchez

Global Head of Cyber Services

London, UK

+44 20 7667 0541 Email Raf Sanchez View profile

Serene Davis

Serene Davis
Underwriters

Serene Davis

Regional Manager, West region – Cyber Risks

Los Angeles, CA, USA

+1 213-228-7709 Email Serene Davis View profile