Beazley Spotlight on Cyber & Technology Risk 2024

Beazley is a specialty insurance company that provides insurance products and risk management services across multiple sectors. The company operates as a Lloyd's of London managing agent and offers coverage in areas including cyber risk, technology, media, business services, property, casualty, and marine insurance.

In the cybersecurity domain, Beazley provides cyber insurance products and operates the Beazley Breach Response team, which offers incident response services to policyholders experiencing cyber events. The company has received multiple industry awards for its cyber risk insurance offerings and breach response capabilities, including recognition as Cyber Risk Insurer of the Year and Cyber Risk Event Response Team of the Year from Advisen.

Beazley's cyber insurance products include both pre-breach and post-breach coverage, addressing data breach incidents, cyber extortion, business interruption, and related liabilities. The company works through a broker distribution model, serving commercial clients across various industries that require protection against cyber threats and data security incidents.

The organization emphasizes sustainability and responsible business practices in its operations, with stated values of being bold, striving for better, and doing the right thing. Beazley maintains offices in multiple locations and serves clients globally through its specialty insurance platform.