Specialist in complex risks with in-house Beazley Security (cyber services, MXDR); Full Spectrum Cyber (pre/post-breach support); no AI exclusions; integrated E&O+cyber+media; strong claims handling; Lloyd's backing for global reach; innovation leader (first cyber cat bond).[Beazley...
CEO: Adrian Cox; CFO: Barbara Plucnar Jensen; COO: Troy Dehmann; Chief Risk Officer: Jonathan Burdett; Chief Underwriting Officer: Paul Bantick; Group Head of Cyber Risks: Alessandro Lezzi
No standalone AI-specific product; AI risks covered under MediaTech (Technology E&O + Cyber + Media Liability) for software/hardware companies, systems integrators, tech consultants.
Covers professional liability for tech services/products, IP infringement, privacy breaches, cyber extortion, BI from system failures.
Existing cyber/tech E&O policies cover AI hallucinations, IP issues, cyber threats enhanced by AI without exclusions.Beazley MediaTech, Commercial Risk
Technology companies (software/hardware developers, systems integrators, telecom, outsourcers, consultants, internet services); SMEs and enterprises; media/tech hybrids.Beazley MediaTech
Healthcare software malfunction claim settled low; telecom data platform error affecting 100k customers resolved; multiple cyber breach responses (e.g., phishing exposing 20k patients, lost x-ray films); ransomware $10M negotiated to
$5M + $4M BI paid.Beazley Breach Examples, MediaTech
Specialist in complex risks with in-house Beazley Security (cyber services, MXDR); Full Spectrum Cyber (pre/post-breach support); no AI exclusions; integrated E&O+cyber+media; strong claims handling; Lloyd's backing for global reach; innovation
leader (first cyber cat bond).Beazley Cyber, Matrix BCG
2026: Cyber ILS fund launch in Bermuda; 2025: Beazley Security expands SPRs/MXDR, Microsoft partnership; 2024: Predictions on AI threats; risk convergence survey; cyber premiums $1.276B.Artemis, Beazley Predictions
Understand the specific risks of each LLM to determine the right coverage.