Integrated cyber risk and incident
management services firm launches with extensive service offering
which includes Managed eXtended Detection &
Response
WEST
HARTFORD, Conn., June 25,
2024 /PRNewswire/ -- Beazley Security today went
live as an integrated cyber risk management company, following the
merger, announced in February 2024,
of leading specialist insurer Beazley's in-house cyber services
team and its wholly owned cyber security company, Lodestone.
Beazley Security launched with an expanded portfolio of
services, including a new Managed eXtended Detection & Response
(MXDR) service that offers clients always-on monitoring and
advanced capabilities to rapidly identify and contain threats.
Other core offerings include a robust line up of professional
services to help clients prepare for and defend against cyber
risks, as well as incident response, forensics, and restoration
services should a client suffer an attack. All of Beazley
Security's services are delivered by seasoned cyber security
professionals.
With a newly expanded roster of staff and clients in the
USA, Canada, UK, Germany, France, Spain, and Singapore, Beazley Security is well-positioned
to provide specialized services to Beazley policyholders, while
also driving organic growth outside of the Beazley client
community.
"The combined power of expertise at Beazley Security will
deliver long-term outperformance for our clients, enabling them to
build the kind of cyber resilience which is vital in an era of
accelerating cyber risk," said Paul
Bantick, Global Head of Cyber Risks at Beazley. "Our
experience of managing thousands of cyber incidents shows that
organizations with integrated risk management services in place,
build stronger resilience and are able to pre-empt, respond and
adapt to cyber threats more effectively."
"As a new type of cyber risk management company, we have spent
the last year building the teams, tools, and proprietary technology
needed to help clients proactively identify and address cyber
threats. Should an event occur, our focus is on helping clients
minimize damage and speed recovery," said Alton Kizziah, CEO of Beazley Security. "We are
continually evolving and developing our services to meet the
ever-changing cyber threat, and innovations, such as MXDR, are part
of a powerful suite of capabilities that quickly identify and
contain threats."
For more information contact Info@Beazley.Security or visit
our website.
About Beazley Security
Beazley Security is a global cyber security services firm
committed to helping clients develop true cyber resilience. We
combine decades of cyber security protection, detection, response,
and recovery expertise with the actuarial precision and risk
mitigation capability of our parent company, Beazley. Current
operations include USA,
Canada, UK, Germany, France, Spain, and Singapore. For more information, visit
Beazley.Security or contact Info@Beazley.Security.
Since May 2023 Lodestone has been
transformed from a digital forensics and incident response company
to a more diversified cyber risk management solutions provider.
With the addition of Beazley's cyber services team and dozens of
new hires, the growing team is focused on responsible growth while
helping Beazley's insurance clients globally more effectively
mitigate cyber risks.
Beazley plc
Beazley plc (BEZ.L), is the parent company of specialist
insurance businesses with operations in Europe, North
America, Latin America, and
Asia. Beazley manages six Lloyd's
syndicates and, in 2023, underwrote gross premiums worldwide of
$5,601.4million. 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 and its subsidiary, Beazley America Insurance
Company, Inc. In the surplus lines market, coverage is provided by
the Beazley syndicates at Lloyd's, and from 1 January 2024, also from Beazley Excess and
Surplus Insurance, Inc.
Beazley's European insurance company, Beazley Insurance dac, is
regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by
Fitch.
Beazley is a market leader in many of its chosen lines, which
include Professional Indemnity, Cyber Liability, Property, Marine,
Reinsurance, Accident and Life, and Political Risks and Contingency
business.
For more information please go to: www.beazley.com
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SOURCE Beazley Security