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LON250:BEZ, Mar 28, 07:59 UTC

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Thursday, March 26


News

Aviva plc 30.7% Potential Upside Indicated by Goldman Sachs

AV BEZ +2 more AV BEZ GS AV

Aviva plc using EPIC/TICKER code (LON:AV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Aviva plc are listed in the Financials sector within UK Main Market. This now indicates the analyst believes there is a possible upside of 30.7% from today’s opening price of 248.6 GBX. The 1 year high for the stock price is 439.4 GBX while the year low stock price is currently 205.7 GBX.

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  • Financial

Tuesday, March 24


News

Ransomware still a top concern for businesses - Beazley

BEZ

Ransomware remains a top cybersecurity threat for businesses, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by Beazley. The insurer’s in-house team of cyber breach experts, Beazley Breach Response (BBR) Services, reported the number of ransomware attack notifications against clients shot up 131% from 2018. The two most common forms of ransomware attack were phishing emails and breaching poorly secured remote desktop protocol (RDP), Beazley said. “With the convenience of enabling employees to work from home, using RDP can make IT systems more susceptible to attack without the right security measures in place,” said Katherine Keefe, global head of BBR Services.

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Monday, March 23


News

Beazley Breach Briefing: Ransomware remains top cyber security threat for businesses

BEZ

New York, March 23, 2020 (GLOBE NEWSWIRE) -- Ransomware attacks skyrocketed in 2019, according to the latest Beazley Breach Briefing, an annual update on cyber trends produced by leading cyber insurer Beazley. Beazley’s in-house team of breach experts, Beazley Breach Response (BBR) Services, reported the number of ransomware attack notifications against clients increased by 131% compared to 2018. Katherine Keefe, Beazley’s global head of BBR Services, said: “With the convenience of enabling employees to work from home, using RDP can make IT systems more susceptible to attack without the right security measures in place. In 2019 and into 2020, BBR Services recorded an increase in reported attacks by policyholders whose systems were breached via cyber attacks against their IT managed service providers.

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  • Technology
  • Science

Friday, March 20


News

Beazley enhances global claims team

BEZ

Executives within the global claims team of specialist insurer Beazley are moving up. Following the elevation of Beth Diamond to group head of claims last month, a further two members have now been promoted. Steven Chang, who has been with Beazley since 2006, is now global head of complex claims. He previously served as global claims team leader for healthcare.

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News

Beazley Plc makes changes to upcoming AGM

BEZ

You can change your cookie settings at any time using your browser. Beazley Plc – the UK-based parent firm of specialist insurance businesses with operations in Europe, North America, Latin America, and Asia – has made adjustments to its upcoming annual general meeting (AGM) in response to the coronavirus pandemic. Confirming that the AGM is intended to proceed as planned on March 25 in London, Beazley said shareholders are encouraged to vote by proxy where possible and to follow the latest guidance from the government. “The health of the company’s shareholders, as well as its officers, employees, and customers, is of paramount importance,” stated the enterprise, which manages six Lloyd’s syndicates.

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  • Politics
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Thursday, March 19


News

Beazley unveils senior promotions within global claims team

BEZ

London, March 19, 2020 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has made two senior internal appointments within its global claims team following Beth Diamond’s promotion to group head of claims in February 2020. Kati Bynon has been promoted to global claims team leader for healthcare having managed claims on behalf of Beazley clients for 11 years. There is a wealth of talent within Beazley and I am very pleased that both Steven and Kati have accepted these promotions. “We are committed to ensuring our processes, technology, service and talent evolve and continue to deliver the first-class claims service that is at the heart of Beazley’s proposition and to exceed the expectations of our clients.”.

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Topics:
  • Business
  • Financial
  • Health

Thursday, March 05


News

Beazley Selects Concirrus' Quest Marine Platform

BEZ

Richard Young, Head of Hull & War at Beazley comments: “The insurance market is sitting on a treasure trove of data which, as a market, we are beginning to understand and apply more effectively. Our team of actuaries has been working with Concirrus to validate their methods and from 2020 we have begun using the Quest Marine system as an additional underwriting tool. This platform enables us to examine our existing data in new and innovative ways and to combine it with Concirrus’ dynamic, behavioural analysis and machine learning to build up a far more detailed view of the risks we write. As we gain new insights into the drivers of risk, we will seek to augment our pricing models.”. We’ve consistently heard from the market at events such as IUMI, that the future winners will be those companies adopting innovative solutions for pricing and selecting risk. For the team at Beazley to select Quest Marine as its preferred platform of choice is a fantastic endorsement of the maturity and impact of our technology.

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Monday, March 02


News

myBeazley e-trading broker platform for small and medium-sized business to make Beazley’s market-leading cyber coverage faster and easier to access

BEZ

New York, March 02, 2020 (GLOBE NEWSWIRE) -- Beazley announced today that its flagship cyber product, Beazley Breach Response (BBR), will be available to brokers of small and medium-sized business through the myBeazley platform in the US, reducing to less than two minutes the time required to obtain a bindable BBR quote. Jamie Orye, US focus group leader for Beazley’s private enterprise team, which focuses on small business accounts, said: “Our brokers’ most precious resource is time, and we are determined not to waste it. In a matter of minutes, a small business client can be protected with a comprehensive BBR policy combining risk management, incident response and third party indemnity coverage.”. The policy provides access to BBR Services, Beazley’s in-house team of breach response experts who have helped clients respond successfully to more than 15,000 cyber attacks and incidents.

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Tuesday, February 18


News

Beazley enhances Virtual Care policy for digital health sector

BEZ

New York, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Specialist insurer Beazley has enhanced its Virtual Care insurance policy in the United States to offer greater protection for the providers of technology-enabled healthcare and lifestyle management services. The rapidly growing global digital health market is estimated to reach a value of $504 billion by 20251 and includes telehealth, which enables remote medical diagnosis and monitoring, and m-health, which permits self-monitoring of chronic conditions via apps and wearables, through to a range of lifestyle and wellness technology. With the addition of the new Surge endorsement, Beazley can now provide first-party coverage for direct financial loss arising from:. Jennifer Schoenthal, U.S. underwriting lead for Virtual Care, said: “Backed by specialist claims expertise, Virtual Care’s Surge endorsement provides additional first-party cover for cyber crime and the subsequent business interruption that can floor businesses and slow their recovery. As risks are always evolving, we’ve also included protection against crypto-jacking, which can leave firms with exorbitant electricity bills and sluggish systems if their IT is breached by crypto-mining cyber criminals.

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  • Financial

Sunday, February 16


News

Jefferies Financial Group Lowers Beazley (LON:BEZ) to Hold – Enterprise Echo

BEZ JEF

Royal Bank of Canada increased their price objective on shares of Beazley from GBX 600 ($7.89) to GBX 675 ($8.88) and gave the company an outperform rating in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. Beazley has a one year low of GBX 499.40 ($6.57) and a one year high of GBX 634 ($8.34). The company’s 50 day moving average price is GBX 552.80 and its 200 day moving average price is GBX 570.19.

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  • Financial