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Data Breach Combined with Crime and Professional Indemnity Cover

Innovative package that combines data breach with crime and professional indemnity cover.

What we offer

Our coverage features a range of services designed to mitigate the reputational damage and the risk of legal action being brought against financial institutions:

  • Forensic investigation services to assess the cause, gravity and extent of a data incident 
  • Breach notification and call centre services for third parties, lessening the administrative burden of the breach 
  • Legal advice and support to assess the legal ramifications of the breach and the actions required to mitigate them 
  • Public relations and crisis management specialists to handle the crisis response plan and communications strategy. 

How can we help

The negative publicity resulting from a data breach can lead to massive reputational and brand damage. However an effective response can be complex and challenging. Therefore as well as providing cover for financial liability, our coverage features a range of services designed to mitigate the reputational damage and the risk of legal action being brought against financial institutions. 

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in thea world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

A financial institution insured discovered an instance of fraudulent payments of several million GBP, by an employee, for his own benefit. Beazley’s claims team worked with the insured to investigate the fraud and confirmed the availability of coverage under the Financial Institution Crime insurance policy. 

Your Beazley Team

Neale Stevenson

Neale Stevenson

Focus Group Leader Financial Institutions

London, UK

+44 (0)20 7667 0533

Email Neale

Harry Philpott

Harry Philpott

Underwriter - Financial Institutions

London, UK

+44 (0)20 7667 0585

Email Harry

Lucy Hughes

Lucy Hughes

Underwriter - Financial Institutions

London, UK

+1 (0)20 7667 0673

Email Lucy

Adam Parr

Adam Parr

Underwriter - Financial Institutions

London, UK

+44 (0)20 7667 0567

Email Adam

Darren Keane

Darren Keane

Product Leader - Financial Institutions

London, UK

+44 (0)20 7667 0557

Email Darren

Rory McEwan

Rory McEwan

Underwriter - Financial Institutions

London, UK

+44 (0)20 7674 8108

Email Rory

Adam Warner

Adam Warner

Underwriter - Financial Institutions

London, UK

+44 (0)20 7667 0691

Email Adam

Tracy Holm

Tracy Holm

Claims Team Leader - International Specialties

London, UK

+44 (0)20 7674 7294

Email Tracy

Kamal Chhibber

Kamal Chhibber

Claims Focus Group Leader - International Financial Lines

London, UK

+44 (0)20 7674 7753

Email Kamal