Beazley’s cyber and management liability product lines have been incorporated into its electronic trading platform for UK brokers.
The product range expansion means brokers, via myBeazley, can now tap these offerings for the benefit of UK-domiciled private businesses with a maximum turnover of £350 million. The additions include the well-known Beazley Breach Response (BBR), the specialist insurer’s comprehensive service-led cyber proposition.
“We have added two of our leading products suites to myBeazley, which can be sold separately or as a package,” noted Nick McGarey (pictured), Beazley’s focus group leader for international private enterprise and e-trading.
“Our e-trading platform provides quick and easy quotes based on as few as four questions, allowing brokers to quote and bind policies for businesses with a turnover of up to £350 million without the need to speak to an underwriter.”
The arrival boosts the existing myBeazley line-up, which includes specialist products like event insurance, medical malpractice, pleasure craft, professional indemnity, and media & entertainment.
“Via their broker, businesses can now access our award-winning service-led cyber product, BBR, and our tailored management liability product suite, which includes a number of inclusive risk management services,” McGarey added.