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](https://beazley.com/en-us/products/cyber-usa/mediatech/), [Commercial Risk](https://www.commercialriskonline.com/beazley-has-no-plans-to-exclude-ai/)
Technology companies (software/hardware developers, systems integrators, telecom, outsourcers, consultants, internet services); SMEs and enterprises; media/tech hybrids.[Beazley MediaTech](https://beazley.com/en-us/products/cyber-usa/mediatech/)
Manages 7 Lloyd's syndicates (623, 2623, etc.); Beazley Insurance dac (EU); Beazley America entities (US); partnerships with Microsoft (incident response), Cytora (AI risk processing), Google Cloud; reinsurers via catastrophe bonds.[Lloyd's](https://www.lloyds.com/en-sg/lloyds-around-the-world/service-companies/beazley), [Microsoft](https://www.microsoft.com/en-us/security/blog/2025/12/08/stronger-together-new-beazley-collaboration-enhances-cyber-resilience/)
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](https://www.beazley.com/en/cyber-customer-centre/cyber-risk-management-tools/breach-and-claims-examples/), [MediaTech](https://beazley.com/en-us/products/cyber-usa/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](https://beazley.com/en-150/products-and-solutions/corporate-solutions/cyber-and-tech/), [Matrix BCG](https://matrixbcg.com/blogs/competitors/beazley)
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](https://www.artemis.bm/news/beazley-ceo-on-cyber-ils-next-step-is-securitisation-transformation-ils-fund-launch-in-2026/), [Beazley Predictions](https://www.beazley.com/en/articles/predictions-2026/)
Understand the specific risks of each LLM to determine the right coverage.