Default Partners Header

Beazley Breach Response

IT'S NOT IF, BUT WHEN

Records Breached: 11,583,824,031

BEAZLEY PROVIDES THE WORLD'S BEST DESIGNED CYBER INSURANCE SECURITY

Cybercriminals have moved beyond unsophisticated spam attacks and obvious phishing emails. Malicious threats are on the rise. Beazley provides beautifully designed cyber insurance in a world where the cyber threat landscape has changed and become increasingly dangerous, and costly.

Beazley has three decades of experience in providing clients with the highest standards of underwriting and claims service worldwide. Beazley has managed thousands of data breaches since the launch of Beazley Breach Response (BBR) in 2009 and is the only insurer with a dedicated in-house team focusing exclusively on helping clients handle data breaches.

All businesses are at risk. Smaller organizations are targeted as frequently as major corporations, but often lack access to the internal expertise and resources that large businesses can draw upon.

Beazley is here to help.

WHAT YOU GET WITH BEAZLEY

Business interruption, cyber extortion, loss of critical operational data and electronic crime present cumulative risks that businesses must address.

With Beazley’s 360° approach, companies have access to a comprehensive set of solutions created to protect their business from the dangerous world of cyber risks.

In addressing these risks, one insurance policy stands apart. BBR provides breach response services for up to 5 million persons along with coverage for payment card industry costs, regulatory defense and penalties, and first party and crime coverage.

All BBR policyholders have access to pre-breach and risk management services and in the event of a cyber breach, BBR policyholders will work directly with Beazley’s in-house breach response team, BBR Services, and Beazley’s claim team to resolve the incident.

FIRST PARTY COVERAGE

Beazley’s policy form is streamlined and comprehensive to cover your organization seamlessly in the event of a cyber breach. The BBR policy includes:

  • First party coverage for cyber extortion;
  • Data recovery costs;
  • Business interruption resulting from security breaches and system failures;
  • Contingent business interruption from incidents occurring at the policyholder’s vendors and suppliers; and
  • eCrime coverage.

BBR offers more coverage per dollar of premium, through multiple towers of coverage that ensures the breach response costs covered under the policy do not erode your third party limits.

BBR SERVICES

A cyber breach isn’t always a disaster. Mishandling it is.

Beazley is unique among insurers in having a dedicated business unit, BBR Services, that focuses exclusively on helping clients manage cyber incidents successfully.

BBR Services is a dedicated team of cyber breach professionals who coordinate the carefully vetted forensics experts and specialized lawyers to help you establish what’s been compromised; assess your responsibility; and notify those individuals affected. In addition, BBR Services coordinates credit or identity monitoring for your customers and PR advice to help you safeguard your reputation.

PRE-BREACH AND RISK MANAGEMENT

We recognize that preparing for and preventing breaches have become inseparable from insuring a cyber loss. Beazley offers a full suite of pre-breach breach and risk management services through our in-house BBR Services team and Lodestone Security, including:

  • incident response planning and reviews
  • employee training and on-site workshops
  • compliance
  • security best practices
  • newsletters and live expert webinars
  • onboarding calls

 

...

LEARN MORE ABOUT BEAZLEY'S GREENVILLE CHAMBER INVESTOR-ONLY DISCOUNT