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Beazley adds new products to e-trading platform in France

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  • Topics:
    • Cyber
    • Directors & Officers
    • InsurTech
    • Launches/New Products
    • P I (E&O)

Beazley has added two new product lines to broker e-trading platform myBeazley to meet the needs of France-domiciled private businesses with a turnover of up to €350m...

Brokers can now access Beazley’s service-led cyber offering, Beazley Breach Response (BBR), and management liability (ML). This includes directors’ & officers’ (D&O) liability, crime and employment practices insurance covers for commercial organisations.

The ML package also includes website recovery – a technical support service that helps clients get their website up and running as quickly as possible if it suffers a denial of service attack.

They can be sold separately or as a package, and are available, along with professional indemnity cover, to brokers in France via the myBeazley platform.

Marie-Eve Michelon, specialty lines underwriter and myBeazley lead for France, said: “Beazley has applied its expertise in ML and cyber insurance to create simple, specialist products that are now available via our myBeazley online platform in France. These policies can be sold separately or as a package and are available through brokers.”

Benoit Goureau, head of Beazley’s Paris office, said: “I am delighted that two of our leading sets of specialist cover are now available for businesses in France. Brokers can quote and bind policies for businesses with a turnover of up to £350m without the need to speak to an underwriter.”

BBR is Beazley’s comprehensive data breach product, which gives insureds access to a range of pre and post breach risk management services designed to help an organisation prepare for, and respond as quickly as possible to a data breach or cyber-attack.

The products are underwritten by Beazley’s A-rated European insurance company, Beazley Insurance dac, and are also available through Beazley’s Lloyd’s syndicates.