Product Update

Cyber and Privacy Liability Exposures and Coverage in Professional Liability Insurance

This Professional Liability Insurance release offers an analysis of the European Union's General Data Protection Regulation (GDPR), which went into effect in May 2018. The new regulation is significant because any business operating in Europe or that has European users or customers—regardless of where the business itself is headquartered—must abide by these new and far more stringent regulations than the 1995 Data Protection Directive, the law that the GDPR is replacing.

Details about how to coordinate cyber and privacy policies with employment practices liability policies in order to cover breaches of employee personally identifiable information is provided in this update.

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