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Specialty risk insurance and reinsurance firm Beazley is poised to continue its focus on the U.S. market after reporting strong 2014 numbers. Beazley’s Patrick Hartigan reported to Baden-Baden today that “the firm will particularly focus on its cyber liability insurance product which is now Beazley’s largest line of business.”

Hartigan reported that Beazley is expanding its cyber practice through its Beazley Breach Response product, which has replaced property/casualty as the firm’s largest focus group. Intelligent Insurer reported that, “last month, Beazley joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium, which will focus on providing data breach cover to businesses domiciled outside the U.S. with revenues in excess of $5 billion.”

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