Risky Business Newsletter
Welcome to the May 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.
Geopolitical Risk Snapshot Report 2024
This year sees elections in over sixty countries, and more than two billion people have the opportunity to vote. Our latest Risk & Resilience research, highlighted in the Geopolitical Risk Snapshot, reveals that 70% of the 3,500 global business leaders surveyed are concerned about the potential impact of these elections on their international operations and ability to trade. The report delves into the increased risk of political violence due to rising polarisation among voters. It also examines the risk for international investors in the mining of critical minerals and metals essential for the energy transition required to meet net-zero targets. Additionally, despite high levels of political volatility, corruption, and civil unrest, Africa has the potential to become an economic powerhouse, powered by renewable energy. The report explores the opportunities and the risks for international investors associated with the continent’s electrification.?
Full Spectrum Cyber: We say #GameOnCyber, for our clients and brokers?
We've unveiled the new face of cyber risk mitigation - Full Spectrum Cyber, uniting the power of our cyber risk ecosystem under a single, clear cyber proposition. Our pre-emptive, responsive, and adaptive cyber solutions manage the full spectrum of a business’s cyber risks. Backed by the top experts in the field, Full Spectrum Cyber keeps our clients one step ahead in the ever-evolving cyber battlefield.?
Explore Full Spectrum Cyber here and watch Paul Bantick , Global Head of Cyber Risks below:
The Shifting Landscape of Product Liability Litigation in the Life Sciences Space?
Recent shifts in the product liability landscape for life sciences companies have been marked by high severity and the ease of multidistrict litigation, particularly in the U.S. Russ Chibe , Claims Manager, and Matthew Zagwoski , Global Life Sciences Product Leader, examine the latest legal strategies employed by plaintiffs' attorneys and their significant effects on defense costs and underwriting for life sciences organisations.?
Fred Kleiterp on Beazley's European Vision?
Listen to Fred Kleiterp , our European General Manager, discussing Beazley's European goals and long-term plans with Thierry Gouby of News Assurances Pro.??
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More content, more risk: Addressing the personal injury coverage gap?
General liability policies typically cover risks of physical and financial harm, but injuries stemming from published content or professional advice often fall outside their scope. Angela Weaver , our Media & Entertainment Focus Group Leader, highlights how specialised media liability insurance can help to bridge this coverage gap.?
A Year in Flight: Celebrating Our Drone Show Anniversary
It's been one year since we illuminated the London skyline over the River Thames ?with an unforgettable drone display. Revisit the awe-inspiring event that brought our brand to life with 400 drones.
Claims Corner?
Discover how Beazley is transforming cyber insurance with education, best practices, and expert claims teams. Watch our latest Claims Corner video with Beth Diamond , Chief Claims and Litigation Officer, sharing valuable insights.?
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.