Beazley vs 
Marsh: How Do They Compare for Cyber Insurance?
Marsh offers advisor-led placement and a Cyber ECHO excess facility with over $200 million of capacity per client; Beazley sells Full Spectrum Cyber to accounts under $35 million, with limits up to $5 million.
Marsh says its Cyber ECHO excess facility can provide over $200 million of cyber capacity per client. Beazley Full Spectrum Cyber publishes a $5 million ceiling for accounts under $35 million in revenue. 6,1
What Are the Key Differences Between Beazley and Marsh Cyber Insurance?
Tower Capacity Versus a Small-Business Ceiling
Marsh places cyber as a broker and says Cyber ECHO can provide over $200 million of excess capacity per client, with a free first reinstatement and a paid second reinstatement for separate events in a policy year. Beazley's Full Spectrum Cyber is a small-business product with limits up to $5 million for accounts under $35 million in revenue. Choose Marsh if you need excess capacity far above a $5 million primary; choose Beazley if you are under $35 million and want that named form rather than a brokered tower. 6 1
Who Advocates the Claim
Marsh describes global claims and incident-management specialists who review cyber claims, support litigation management and work with forensic accountants on proof of loss. Beazley describes Beazley Breach Response as mobilizing forensics, legal counsel, notification, call centers, credit monitoring and public-relations support after an incident. 7 1
How You Start
You engage a named Marsh or Marsh McLennan Agency cyber specialist for advisor-led placement; the reviewed pages do not describe a self-serve quote. Beazley brokers bind Full Spectrum Cyber on myBeazley. MMA lists incident investigation, network interruption, extortion, data restoration and privacy liability as core coverages it places. 8 1
What Should You Confirm in Beazley and Marsh Cyber Insurance Quotes?
- Ask Marsh which insurer or ECHO market would issue your layer; the pages let clients choose among Lloyd's, company markets or Bermuda capacity without naming a default. 6
- Ask Beazley whether the quote is Full Spectrum Cyber or MediaTech and whether the aggregate is shared. 3
- Confirm whether Marsh's $200 million figure is excess over a primary you already have, and what Beazley's $5 million would cover as primary. 6 1
Beazley vs Marsh Cyber Insurance Compared
Beazley vs Marsh: Cyber Insurance: documented features by provider
| Criteria | Beazley Full Spectrum Cyber for Small Businesses | Marsh Cyber Insurance Brokerage |
|---|---|---|
| Limits and Retentions | In the sample MediaTech form, unless the declarations list a separate amount, the cyber-related insuring agreements share the same Policy Aggregate Limit of Liability with the policy's technology, professional and media coverages rather than carrying a dedicated cyber-only limit. 3Company-reported. Sample policy form F00731, 022019 edition, Limit of Liability and Coverage section; actual sublimits depend on what is purchased and shown on the declarations, and may differ for a stand-alone Full Spectrum Cyber policy. | Marsh says its Cyber ECHO excess facility can provide over $200 million of cyber capacity per client, with a free first reinstatement and a paid second reinstatement for separate cyber events within a policy year. 6Company-reported. Cyber ECHO facility page; describes excess capacity Marsh can arrange, not a standard primary limit. |
| Who It’s For | Beazley says Full Spectrum Cyber is available to accounts with under $35 million in annual revenue, with coverage limits up to $5 million, purchased by a broker through Beazley's myBeazley platform. 1Company-reported. Full Spectrum Cyber product page eligibility paragraph; eligibility for a particular business still depends on underwriting. | MMA says any company can benefit from cyber coverage, but prioritizes organizations that store significant customer data, run large customer databases or hold valuable digital assets. 8Company-reported. MMA cyber solutions FAQ; MMA describes its own client base as middle-market organizations generally. |
| How to Apply | Beazley says brokers can get a quote and bind Full Spectrum Cyber through its myBeazley platform for qualifying small accounts. The MediaTech application separately asks about ransomware controls such as multi-factor authentication, VPN use, patch timing and backup frequency, which affect underwriting. 1,4Company-reported. Full Spectrum Cyber product page myBeazley paragraph and MediaTech application Ransomware Controls section; a completed application does not establish acceptance, and myBeazley is a broker tool, not a direct-to-business portal. | You engage a named Marsh or MMA cyber specialist to design a placement; the reviewed pages describe advisor-led placement and risk analytics rather than an online self-serve quote. 5,8Company-reported. Marsh and MMA cyber pages, which list dedicated cyber brokerage and placement leaders. |
| Coverage Features | The sample MediaTech cyber insuring agreements cover Breach Response Costs after an actual or suspected data breach, Cyber Extortion Loss from an extortion threat, business interruption loss from a security breach or system failure, and eCrime losses from fraudulent instruction, funds transfer fraud or telephone fraud. 3Company-reported. Sample policy form F00731, 022019 edition; the issued policy's wording and any endorsements control, and a stand-alone Full Spectrum Cyber policy may use different wording. | MMA lists incident investigation and response costs, network interruption/extra expense, extortion and ransomware payments, data restoration, and security and privacy liability as core cyber coverages, with media liability, privacy regulatory defense and reputation-based income loss available as additional coverages. 8Company-reported. MMA cyber solutions page; actual policy wording and insurer vary by placement. |
| Role in This Line | For small businesses, Beazley sells cyber coverage two ways: as Full Spectrum Cyber, built around its Beazley Breach Response product plus integrated risk-management services from its in-house Beazley Security unit, and as the cyber component bundled inside the broader MediaTech form alongside tech E&O, professional E&O and media liability. 1,2Company-reported. US small-business product pages for Full Spectrum Cyber and MediaTech; does not address any larger-account cyber program Beazley may write separately. | Marsh's cyber risk practice places and advises on cyber insurance brokerage; it does not underwrite the policies it places. 5Company-reported. Marsh corporate cyber insurance product page. Marsh McLennan Agency (MMA), Marsh's middle-market subsidiary, places cyber coverage and acts as a carrier liaison, combining placement with claims advocacy. 8Company-reported. MMA cyber solutions page. |
| Claims Support | Beazley describes its Beazley Breach Response service as mobilizing a coordinated response after a cyber incident, including forensics specialists, legal counsel, notification services and call centers, credit monitoring and public-relations support. 1Company-reported. Full Spectrum Cyber product page Beazley Breach Response Services section; service quality and turnaround are Beazley's own description and not independently verified. | Marsh's global claims and incident-management specialists review cyber claims, support litigation management and work with forensic accountants to prepare proof of loss, advocating with insurers on the client's behalf. 7Company-reported. Claims Advocacy expertise page; recovery outcomes described as company-reported and not independently verified. |
