Beazley launches cyber incident response platform

Platform will serve as a central location to monitor and manage cyber incidents

Beazley launches cyber incident response platform

Cyber

By Ryan Smith

Specialist insurer Beazley has announced the launch of an incident response platform for US cyber policyholders.

The platform will serve as a central location to monitor and manage incidents and centralize communications between the policyholder, Beazley and specialist service providers. The launch comes as cyber attacks rose in the US for the third consecutive year.

“As the cyber risk landscape continues to evolve at pace, we continue to address these new and increased risks with changes to our service offering,” said Raf Sanchez, head of cyber services at Beazley. “This latest innovation will be an important tool for our policyholders to defend against cyber crime, providing enhanced cohesion, visibility and efficacity and therefore minimizing the impact of cyber attacks.”

“The introduction of our incident rooms provides our policyholders with further peace of mind that a cyber incident will be dealt with in the most efficient and secure way possible,” said Paul Bantick, global head of cyber risks at Beazley. “Today’s launch further demonstrates our core objective of continually innovating to improve our customer experience, and evolving and expanding our cyber ecosystem.”

The incident response platform will be launched in Europe and the rest of the world soon, Beazley said.

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