Source: asiainsurancereview.com

Specialist insurer Beazley has launched a cyber and breach response portal containing an all-encompassing set of resources designed to help broker partners and coverholders stay informed and educated on the constantly evolving cyber risk landscape.

The portal is aimed at international brokers placing non-US risks. Once registered, brokers will have unlimited access to a vast suite of information – from cyber basics, through to industry-specific issues, regulatory updates, product information, breach and claim examples and risk insights. Brokers will also be able to access a wide variety of external sources from selected partners that provide additional knowledge and insight.

Mr Paul Bantick, global head of cyber and technology insurance at Beazley, said, “It is very difficult if not impossible for most organisations to completely avoid cyber risk, particularly in the current remote-working environment. But they can prepare for it. The insurance market can play a crucial role in helping prepare, which is why we have created this portal. The portal provides international brokers with the valuable insight and tools they need to understand the risk environment faced by our mutual clients face in these challenging times.”

Beazley is a pioneer in cyber liability and data breach insurance. It was the first insurer to have a dedicated in-house breach response team responsible for assisting cyber policyholders at every stage of incident investigation and breach response. The new launch works in conjunction with Beazley’s dedicated site for cyber insurance clients, which also offers information and resources to help coverholders understand the services available to them, and how to prepare and plan for a data breach event.