Beazley Insurance dac – Brazil Branch / Beazley syndicates at Lloyd's (Beazley plc (UK))

Full Spectrum Cyber
Beazley Breach Response (BBR) – Brazil

by Beazley Insurance dac – Brazil Branch / Beazley syndicates at Lloyd's
B2BADirectBroker onlyLatin AmericaPortuguese
Last updated Apr 2026

Product Details§ 01

Max Insurance Limit
Bespoke.
Market Focus
Mid-market to large enterprise.
AM Best Rating
A (Excellent) – AM Best (Beazley Insurance dac / Lloyd's syndicates)
MGA / Direct
No – Direct insurer.
Policy Language
Portuguese / English
NIS2 / DORA Support
Not applicable.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
Latin America.
Broker Only
Yes

Advantages & Limitations§ 02

Advantages

  • Confirmed direct Beazley market: Brazil listed on mid-sized BBR product page as one of 16 direct countries.
  • LGPD (Lei Geral de Proteção de Dados) compliance advisory embedded; Brazil top 2 global target for cyberattacks — growing demand.
  • Beazley: #1 global cyber insurer by GWP (Insuramore 2023: 6.68% market share; $1.06bn GWP); $1.28bn cyber GWP (2024; +8% YoY); cyber ~20% of group premiums.
  • Full Spectrum Cyber: integrated before/during/after cyber offering — only insurer offering "in-house, end-to-end support from quote to breach and back again".
  • Beazley Breach Response (BBR): flagship policy wording; notification up to 2M individuals; up to £/€/$2.5M breach response; $10M+ aggregate limits.
  • Beazley Quantum (Oct 2024): new £/$100M-capacity consortium for large corporates (>$1bn turnover) via Lloyd's Global Wholesale platform.
  • FLEX consortium (Oct 2024): combined cyber + financial institutions coverage (crime, D&O, cyber) up to €/$50M for FIs globally via Lloyd's or Beazley dac paper.
  • Pioneer cyber cat bonds: $670M+ outstanding; $300M PoleStar 2026-1 (Dec 2025).
  • March 2026: Zurich Insurance Group agreed to acquire Beazley for £8.1bn — pending.
  • March 2026: Zurich Insurance Group agreed to acquire Beazley for £8.1bn — pending regulatory approval.

Contact & Response§ 03

24/7 Crisis Hotline
24/7 via Beazley Security incident response.