Beazley releases its e-trading platform in Asia

Specialist insurer Beazley has released its e-trading platform in Asia to help brokers in Hong Kong and Singapore to get access to its management liability and cyber product lines.

myBeazley is also available in Europe and aims to give brokers an easy way to quote and bind Beazley’s products. Through the service, brokers can access cover for businesses with a turnover of up to $250m and the ability to talk with an underwriter if needed.

The company’s management liability services include a broad protection for private organizations and senior people, including directors and officers liability. Its cyber offering protects businesses from data security and privacy exposures.

Beazley Asia Pacific regional head of financial lines Nicholas Tey 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 etrading platform, brokers can expect a timely automated renewal process and regular reports to help manage their portfolio.”

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