insurance policy – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

Cyberscout lead on the need for proactive cyber solutions

riskacademy — Sat, 07 Nov 2020 13:37:29 +0000

“No-one likes making claims,” Spier stated. “And it seems like that’s news to some people in the insurance industry, but people hate doing it and they will do anything to avoid it. If you have a car accident in a car park, you will probably explore how much it will cost for you to settle the claim privately, and how you can avoid telling your insurance company. The fear is that the insurer might try and get out of a claim, or that it’s going to affect your no claims discount and you won’t be able to afford insurance next year when you go to renew. And so, you don’t access the services available.”

When it comes to cyber, he said, there is a genuine opportunity for individuals and businesses to have access to advice and information without having to make a claim, without having to pay a deductible and without having to worry how their insurance policy will be impacted. A lot of people are often simply concerned about a potential problem, and is reflected by the fact that about 40% of the calls Cyberscout receives are proactive in nature.

Spier highlighted that proactivity is key to the cyber services offered…

Beazley launches cyber, financial lines insurance in Colombia

riskacademy — Wed, 22 Jul 2020 09:55:45 +0000

Beazley operates specialty insurance businesses in Europe, Asia-Pacific, North America and Latin America. (Photo: Beazley)

Editor’s Note: PropertyCasualty360 is committed to providing our readers with the latest insurance news and information. To that end, we are now publishing select stories in both English and Spanish. To read this article in Spanish, please click here.

Specialist insurer Beazley has launched a suite of innovative cyber and financial lines insurance products to protect against the risks facing businesses and senior executives in Colombia.

Beazley has applied its global expertise in managing cyber threats to tailoring an information security and privacy (InfoSec) policy that protects against a wide range of cyber and data security risks impacting Colombia-based businesses. The core policy provides first and third party protection and e-crime cover as well as costs for managing a data breach.

In the event of a cyber incident, Beazley’s InfoSec insurance policy will help mitigate the impact on the policyholder by covering costs associated with legal, forensic and…