Beazley

CrowdStrike Launches “Falcon for Insurability” to Enhance Cyber Insurance Eligibility

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In a collaborative effort to strengthen digital defenses and improve cyber insurance accessibility, CrowdStrike has unveiled its new Falcon for Insurability program. This initiative is designed to help organizations qualify for cyber insurance with top-tier protection at preferred rates. The program allows insurers like Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition, … Read more

Cyber Insurance Sunday – Upload

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Here it is – Your Cyber Insurance Sunday – Upload— A few items from the week. Some we reported on, and others we found interesting. News out of Brazil for Latin American SMEs, Multiple reports on the financial future of cyber liability insurance, and the UnitedHealth Group hack, much to consider. Finally, if cybercrime were … Read more

Beazley Security Offers Integrated Cyber Insurance and Cybersecurity Solutions

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In a step towards fortifying its cyber insurance offerings, Beazley, a premier specialty insurer, has announced the integration of its in-house Cyber Services team with Lodestone, a fully owned cybersecurity firm. Beazley Security is the new name, effective immediately. This new venture aims to significantly enhance cyber resilience for its clients. All by melding the … Read more

Beazley Closes $140 Million Cyber CAT Bond; Good Sign for Cyber ILS Market

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The specialist insurer has announced the closing of PoleStar Re Ltd, the Series 2024-1 Class A notes “designed to cover remote probability catastrophic and systemic events. Structured on an indemnity trigger and per-occurrence basis, the bond runs for a two-year term through to the end of 2025.” Capital from ILS (insurance-linked securities) will be increasingly … Read more

Beazley Appoints Patricia Kocsondy as Head of Global Cyber Digital Risks

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Beazley, a leading specialty insurer, has appointed Patricia Kocsondy as the Head of Global Cyber Digital Risks. Kocsondy will be responsible for shaping the global product and distribution strategy for Beazley’s cyber business under $250 million. This strategic move aims to ensure that Beazley’s products and services cater to the needs of companies in this … Read more

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