Beazley unveils e-trading broker platform in Asia Pacific

Specialist insurer Beazley has launched its e-trading platform in Asia Pacific, enabling brokers in Hong Kong and Singapore to access its management liability (ML) and cyber product suites.

The platform, myBeazley, is already available to brokers in Europe. Brokers can access cover for businesses with turnover up to $250m through myBeazley.

The ML suite offers broad protection for private organisations and their senior people and includes directors and officers (D&O) liability with the option to add employment practices liability (EPL) and crime cover.

Beazley's cyber offering includes information security and privacy insurance, which provides a variety of industry-leading coverages for emerging data security and privacy exposures facing companies today.

Nicholas Tey, Beazley’s regional head of financial lines in Asia Pacific, said: “The launch of myBeazley in Asia Pacific is an exciting opportunity for us to help brokers control their management liability and cyber portfolio digitally. Our myBeazley platform simplifies the way brokers obtain a quotation using a statement of facts. In using the e-trading platform, brokers can expect a timely automated renewal process and regular reports to help manage their portfolio.”