FacebookTwitterGoogle +Linkedin
715-598-9924

1Reason Insurance

Caring for Your Financial Well-Being

  • Questions & Answers
  • Contact
    • Blog
    • About
      • Partner Insurance Companies
  • Terms and Conditions
  • About
    • Meet Our Agents
    • Partner Insurance Companies
  • Personal Insurance
    • Auto Insurance
    • Boat Insurance
    • Home Owners Insurance
    • Life Insurance Quotes
    • Motorcycle Insurance
    • Personal Umbrella Insurance
    • Renters Insurance
    • RV Camper Insurance
    • Snowmobile Insurance
  • Business Insurance
    • Commercial Auto Insurance
    • What is General Liability Insurance
    • Health Insurance
    • Rental or Vacant Properties
    • Travel Insurance
    • Workers Compensation in Wisconsin
  • Blog
  • Contact
Home > Finance & Insurance News > Beazley Breach Response insurance now available in Canada

Beazley Breach Response insurance now available in Canada

Posted on: March 30, 2016 By: Insurance Updates

Facebooktwittergoogle_pluspinterestby feather

NEW YORK, March 31, 2016 (GLOBE NEWSWIRE) — Beazley, a leading provider of data breach response insurance, today announced the launch of the company’s flagship Beazley Breach Response (BBR) product in Canada, protecting the personal data of up to five million individuals per breach.

Canada’s Digital Privacy Act, passed in 2015, will soon impose additional obligations on companies to notify individuals when their data has been breached. The Canadian regulations will impose more stringent reporting obligations, similar to those already in place in the US and soon to be implemented in the EU.

Beazley has helped clients handle more than 3,300 data breaches since the launch of BBR in 2009 and is the only insurer with a dedicated in-house team focusing exclusively on helping clients handle data breaches. BBR addresses the growing data breach exposures all organizations face, and the potential impact on their business operations, reputation and financial standing. Clients purchasing this coverage receive access to a suite of Beazley’s breach response service partners who provide legal advice, computer forensics, notification and call center services and credit monitoring for impacted individuals.

“Beazley has an exceptional track record working with corporations in a wide range of industries in the US and Europe to mitigate and respond to data breaches,” said Paul Bantick, Beazley’s International focus group leader for technology, media and business services. “We’re excited to launch this offering in Canada, backed by a suite of top response providers.”

Beazley released its Beazley Breach Insights 2016 report earlier this month. Beazley observed a sharp increase in breaches caused by hacking and malware, with hacks involving ransomware doubling in 2015 compared to 2014.

Beazley Group

Hunter Hoffmann

hunter.hoffmann@beazley.com

917-344-3329

Note to editors:

Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, the Middle East and Australia. Beazley manages six Lloyd’s syndicates and, in 2015, underwrote gross premiums worldwide of $2,080.9 million. All Lloyd’s syndicates are rated A by A.M. Best.

Beazley’s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd’s.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.

For more information please go to: www.beazley.com

Beazley Group Hunter Hoffmann917-344-3329

Comments

comments

No related posts.

Categories: Finance & Insurance News

Call and receive expert consulting or click below for quote
Button linked to quote page for commercial insurance quote

Get a Business Insurance Quote

Get_a_Business_Insurance_Quote_Now180x150

Categories

  • Bookkeeping
  • Business Marketing
  • Business Taxes
  • Car Insurance
  • Commercial Auto
  • Commercial Insurance
  • Court Cases
  • Cyber Liability Insurance
  • Employment Opportunities
  • Employment Practices
  • Finance & Insurance News
  • Flood Insurance
  • Home Ownership
  • Homeowner's Insurance
  • Insurance Companies
  • Insurance Terms
  • Life Insurance
  • Payroll
  • Pinewood Derby
  • Real Estate News
  • Retirement & Estate Planning
  • RV Insurance
  • Starting A Business
  • Stock Dividends
  • SuiteCRM Insurance CRM
  • Tips & Advice
  • Travel
  • Worker's Compensation
Business Insurance Audit Letter, Why Did I Get One and Do I Have To Fill It Out?

Business Insurance Audit Letter, Why Did I Get One and Do I Have To Fill It Out?

March 8, 2018 By Robert Weinstein

How To Start a Party Bus Business

How To Start a Party Bus Business

December 19, 2017 By Robert Weinstein

Hiring a Subcontractor, What You Need To Know For Insurance

Hiring a Subcontractor, What You Need To Know For Insurance

September 6, 2017 By Robert Weinstein

Self-Employed Contractor Bookkeeping  Including Online Accounting Software

Self-Employed Contractor Bookkeeping Including Online Accounting Software

July 19, 2017 By Robert Weinstein

Payroll Service for Small Businesses Employers

Payroll Service for Small Businesses Employers

April 26, 2017 By Robert Weinstein

2017 I-9 – Employment Eligibility Verification Download For New Employees

April 21, 2017 By Robert Weinstein

10 Reasons Why You’re Losing Sales That You Might Have Made

10 Reasons Why You’re Losing Sales That You Might Have Made

April 14, 2017 By Robert Weinstein

Industry welcomes Bermuda delegation to RIMS 2018

April 17, 2018 By Insurance Updates

New York Mortgage Trust 2018 First Quarter Conference Call Scheduled for Friday, May 4, 2018

New York Mortgage Trust 2018 First Quarter Conference Call Scheduled for Friday, May 4, 2018

April 17, 2018 By Staff

Bermuda Premier meets San Antonio Mayor Nirenberg, insurance industry media during RIMS 2018 visit

April 16, 2018 By Insurance Updates

Midland National Life Insurance Company launches new XL-CV Max

April 16, 2018 By Insurance Updates

North American Company for Life and Health Insurance launches new Builder Plus IUL

April 16, 2018 By Insurance Updates

Insurance Executive Fred R. Donner Joins FTI Consulting

April 16, 2018 By Insurance Updates

Cloud-based office solutions under increasing attack

April 15, 2018 By Insurance Updates

Over 1,000 Off-Market Units Bought by Tzadik Management

April 12, 2018 By Staff

Recent Posts

  • Retail Opportunity Investments Corp. Reports 2018 First Quarter Results
  • AMERISAFE Announces 2018 First Quarter Results
  • CareTrust REIT Credit Ratings Upgraded by S&P Global Ratings
  • Highwoods Announces Availability of First Quarter 2018 Results
  • While Compact and Portable, Wearable Tech Still Needs Adequate Warranty Protection, According to Safeware
  • Construction Risk Partners Appoints Two New Strategic Hires in Denver
  • Global Insurance Symposium Announces Final Keynote on General Data Protection Regulation and the European Union
  • Lexington Realty Trust to Report First Quarter 2018 Financial Results and Host Conference Call on May 8, 2018
  • Market for insurance to protect telemedicine providers shows rapid growth
  • Bryn Mawr Bank Corporation Reports Record Quarterly Earnings of $15.3 Million in First Full Quarter with Royal Bank, Driven by $7.1 Million Increase in Net Interest Income and Strong Noninterest Revenues, Declares $0.22 Dividend
  • Industry welcomes Bermuda delegation to RIMS 2018

1Reason, All Rights Reserved

A Veteran Owned Agency

Currently licensed in Michigan, Minnesota, North Carolina, Oregon, Texas, and Wisconsin. Florida soon.