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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Beazley Plc | LSE:BEZ | London | Ordinary Share | GB00BYQ0JC66 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
3.00 | 0.45% | 671.00 | 671.00 | 671.50 | 673.50 | 665.50 | 667.00 | 308,224 | 10:01:55 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Fire, Marine, Casualty Ins | 5.44B | 1.03B | 1.5268 | 4.39 | 4.51B |
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During the first quarter of 2017, Beazley's BBR Services division managed 641 data breaches on behalf of clients, compared to 462 breaches during the same period last year. Analysis of breaches handled by Beazley in 2017 to date revealed:
The Beazley BBR Services team offers clients cyber extortion and ransomware response assistance, connecting clients with forensic services to determine if personally identifiable information or protected health information was compromised in the event of a ransomware attack. BBR Services also liaises with service providers on the client’s behalf to assist with data decryption, data restoration, or securing bitcoin if an organization decides to pay the ransom.Katherine Keefe, global head of BBR Services, said: “Organizations continue to face increasingly sophisticated threats as hackers adapt and employ new methods to seize data and funds. Beazley’s experienced team works with our insured companies to quickly address reported data incidents, minimize disruption and swiftly put incident investigation and response into action.”Read the Beazley Breach Insights - April 2017 report.
About Beazley Breach Response (BBR)
Beazley has helped clients handle more than 5,000 data breaches since the launch of Beazley Breach Response in 2009 and is the only insurer with a dedicated in-house team focusing exclusively on helping clients handle data breaches. Beazley's BBR Services team coordinates the expert forensic, legal, notification and credit monitoring services that clients need to satisfy all legal requirements and maintain customer confidence. In addition to coordinating data breach response, BBR Services maintains and develops Beazley's suite of risk management services, designed to minimize the risk of a data breach occurring.
For further information, please contact:
Beazley Group Hunter Hoffmann
hunter.hoffmann@beazley.com 917-344-3329
BZPR_4_25_2017
Note to editors:Beazley plc (BEZ) is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, Asia, the Middle East and Australia. Beazley manages six Lloyd’s syndicates and, in 2016, underwrote gross premiums worldwide of $2,195.6 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
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ad835779-4656-4481-adba-4140c33bdb61
Hunter Hoffman Beazley Group 917-344-3329 Hunter.Hoffmann@beazley.com
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