Risky Business Newsletter
Welcome to the October edition of Risky Business, your monthly round-up of Beazley's news and views, designed to keep you up-to-date as we help our clients navigate this era of accelerating risk.
Learn more about how building a forward looking view of risk can improve modelling for property risks as they are increasingly impacted by climate change from Matthew Westhoff, our Head of North American Commercial Property, as he sits on a panel gathered by AM Best TV at the WSIA Annual Marketplace in San Diego.
We are committed to building a sustainable cyber insurance market and with the launch of Beazley Quantum we continue to do just that. Designed to provide comprehensive cover for large corporates with a turnover exceeding $1 billion, this new consortium infuses $100 million of new capacity into the cyber market, addressing the needs of businesses at the forefront of the cyber threat landscape.
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Our Digital Health & Wellness 2024 report takes a deeper look at the growing headwinds and mounting stresses facing digital health and wellness firms. From funding and regulatory issues to staffing shortages to supply chain disruptions and hostile courts, it’s no wonder only 43% of the 600 firms we surveyed are anticipating growth. Read the report for more key insights into these emerging issues.
At Beazley, we're all about the stories and people behind insurance, and how we can help our clients to explore, create and build successful businesses.
The information set forth in this newsletter is intended as general risk management information. Beazley does not provide legal services or advice. The exact coverage afforded by any products referenced in this newsletter is subject to and governed by the terms and conditions of each policy issued. The publication and delivery of the information contained in this newsletter is not intended as a solicitation for the purchase of insurance. Coverages referenced in this newsletter are underwritten by Beazley syndicates at Lloyd's and will vary depending on individual country law requirements and may be unavailable in some countries. In the US, the coverages are available on a surplus lines basis, through either Beazley Excess and Surplus Insurance, Inc. or a licensed surplus lines broker underwritten by Beazley syndicates at Lloyd’s. Certain products may also be available on an admitted basis, in some but not all states, through Beazley Insurance Company, Inc. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497).? Non-insurance products and services are provided by non-insurance company Beazley affiliates or independent third parties. Separate terms and conditions may apply. Although reasonable care has been taken in preparing the information set forth in this newsletter, Beazley accepts no responsibility for any errors it may contain or for any losses allegedly attributable to this information. BZEM238.