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Beazley announces cyber & financial lines policies for Italy

1st October 2019 - Author: Matt Sheehan

Specialist insurer Beazley has announced the launch of cyber cover and a suite of financial lines products for its organisations in Italy.

Italy-Flag-MapThe company’s flagship cyber solutions provide insurance cover and risk management services that help clients prepare for and manage data breaches and cyber attacks.

Beazley Breach Response (BBR) and Beazley InfoSec also offer cover for a range of complex first and third party risks to SMEs and larger organisations, respectively.

“Beazley’s BBR and InfoSec cyber insurance policies provide 360° protection along with a suite of pre-breach and risk management services to help mitigate risks before an incident occurs,” said Alessandro Lezzi, head of Beazley’s international cyber & tech team.

Financial lines cover for traditional and emerging risks will also be launched in Italy, including directors’ & officers’ liability (D&O) and public offering of securities liability (POSI), as well as professional indemnity and crime cover specifically designed for financial institutions.

Beazley has also developed specific cover for both private equity and investment management organisations.

Gerard Bloom, head of international specialty lines, also commented: “This launch is the latest stage in an extensive rollout of financial lines cover across Europe that has benefited from the deep underwriting and claims knowledge of these risks within the wider Beazley group.”

“We have been extending our footprint in Europe over the past two years with financial lines launches in Spain, France and Germany and are committed to building our expertise within our network of European offices,” he said.

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