Standard liability insurance policies typically provide little or no
coverage for the risk arising out of corporate activities utilizing the
Internet and other technologies. As a result, most large corporations—even
companies that are not considered technology companies—need specialized
insurance to protect against cyber, technology, media, Internet liability,
or network security (privacy) liability risks. Additionally, specialized
first-party cyber insurance is also needed by some companies. The media and
cyber insurance policies available in the market today vary, sometimes
dramatically, from one insurer to the next, and some coverage terms are
highly negotiable. This makes it very challenging for risk professionals to
compare one insurer's policy form to another and to know what enhancements
might be negotiated.
The two policy wording Tech-eRisk webinars will explore available policy
forms for both first-party and third-party exposures and review macro issues
to consider when structuring an insurance program to respond to technology,
media, cyber, and privacy risks. These webinars will also enhance your
understanding of key wording issues to consider for these special liability
and first-party insurance policies. At the conclusion, you will be much
better positioned to identify your organization's specific needs, compare
the forms of two or more insurers, and negotiate for specific enhancements
to tailor coverage to your organization's or clients' needs.
The speaker is an attorney who knows the market and has considerable
experience assisting risk managers and agents/brokers in negotiating
coverage terms with cyber insurance underwriters.