Specialist insurer Beazley is launching enhanced versions of its flagship Beazley Breach Response (BBR) and InfoSec cyber policies for businesses domiciled in Germany.
The BBR policy provides a complete privacy breach response management and information security insurance solution for small to medium-sized businesses. It includes breach response services in addition to first-party coverage for Business Interruption (BI), dependent BI, cyber extortion and data recovery costs as well as eCrime, which covers the insured for fraudulent instruction, funds transfer and telephone fraud.
InfoSec gives large businesses access to comprehensive first-party cover for cyber risks including cyber extortion, data recovery costs, (BI) and dependent BI arising from security breaches and system failures and eCrime. It also includes third-party cover for claims arising out of a cyber breach. In the event of a cyber incident, the Beazley InfoSec policy will also cover costs for legal and forensic services, notification services, call centre services, credit monitoring, identity monitoring or other personal fraud or loss prevention…
