Beazley has enhanced its Beazley Breach Response (“BBR”). The company said that the enhancements, which will come standard on all future BBR policies, included expanded privacy breach response services and broader coverage.

“The risk of a data breach grows larger every day, and at Beazley that means we must continue to pursue new and innovative solutions to insure our clients against every type and scale of data loss,” said Mike Donovan, the global leader of Beazley's technology, media, and business services team. “With this update, Beazley's coverage is adapting to the ever-changing cyber landscape to offer a more refined, streamlined, and ultimately more effective policy to our customers.”

Beazley said that it is broadening the selection of U.S. and international services providers. Canadian and other non-U.S. residents now will be eligible to receive privacy breach response services, which will allow companies to reach an expanded base of customers in the event of a breach incident.

The selection of credit monitoring products available for use in response to a covered breach incident also has been expanded, the company said. New credit monitoring options include Equifax Complete for residents of Canada and Experian's ProtectMyID for residents of the United Kingdom. Beazley also said that it will partner with ConsumerInfo.com, an Experian company, to offer a service for individuals with limited or no Experian credit history that monitors for the creation of an Experian credit file.

According to the company, the new policy also includes an “Information Security Incident Response Guide,” developed in partnership with Navigant, a data management and forensics analysis provider, to equip insureds with a roadmap to prepare for and manage the aftermath of a data security breach.

Public relations and crisis management expenses also now are included as privacy breach response services, and Beazley has expanded the available limit of coverage available for the provision of computer expert services, legal services, and public relations and crisis management expenses up to $2.5 million.

“Beazley is committed to evolving our product and providing the best risk mitigation coverage to those we insure,” said Mr. Donovan. “We believe these enhancements improve vital components of our existing policy, such as broadening notification services to include non-US residents, as well as enabling us to expand credit monitoring and data protection coverage to meet our clients' changing needs.”