The First and the Worst
Cyber Liability – What You Must Know “Understanding the First and the Worst” The First Cyber Liability Insurance is the first insurance that any business should buy. It is the only insurance that is...
View ArticleCyber Extortion vs. Cyber Crime
What’s the Difference Cyber Extortion and Cyber Crime (what many call social engineering). These were two of the fastest growing threats to commercial entities, nonprofits and municipalities in 2016...
View ArticleCyber Insurance Evolution
Contingent BI Coverage and more… 2017 is a fascinating year so far for Cyber Insurance. As fast as new carrier programs enter the Cyber marketplace, Cyber exposures evolve putting them behind the...
View ArticleNational Cyber Security Awareness Month: Week 1
Cyber Security Awareness Month: Week 1 is Simple Steps to Online Safety- What Can You Do? Per the DHS, all members of the public can take some simple actions to protect themselves online and to...
View ArticleNational Cyber Security Awareness Month: Week 2
Week 2: October 9-13 Theme: Cybersecurity in the Workplace is Everyone’s Business Creating a culture of cybersecurity is critical for all organizations- large and small businesses, schools,...
View ArticleNational Cyber Security Awareness Month: Week 3
Week 3: October 16-20 Theme: Today’s Predictions for Tomorrow’s Internet By now most of us have heard of the Internet of Things, known as the IoT. Week 3 reminds us that our personal information is...
View ArticleNational Cyber Security Awareness Month: Week 4
Week 4: October 23-27 Theme: The Internet Wants You: Consider a Career in Cybersecurity According to the official position of the DHS on this week’s topic: “According to a study by the Center for Cyber...
View ArticleNational Cyber Security Awareness Month: Week 5
Week 5: October 30-31 Theme: Protecting Critical Infrastructure from Cyber Threats The best site I could find that dealt with the theme for Week 5 is Bluefin, and their recommendations is spot on. A...
View Article2018 Experian Data Breach Industry Forecast: It will SHOCK You!
An excellent resource available to anyone interested in Cyber security and insurance, the annual forecast that Experian does is highly recognized in our industry. We had a chance to review Experian’s...
View ArticleTeenagers and the Cloud
Cyber Liability Insurance is misunderstood, and as a result, it is not purchased by most commercial insureds. However, it is the most important insurance a business can buy, and protects against the...
View Article3 tips for Protecting Against the D&O Claim
Good practice is the best method of keeping losses from occurring. Insurance is made to work in harmony with good behaviors. Having best practices results in best premiums, and D&O Insurance is a...
View ArticleWhy Private Companies Don’t Purchase D&O
In looking at the top reasons private companies do not buy D&O insurance today, the respondents to the survey led to the conclusion, according to their survey, that “there’s a clear disconnect...
View ArticleThe Cost of the D&O Claim
It’s strange that 1 in 4 private companies who responded to the survey have had a D&O claim, yet so many private companies say they did not need the coverage. That is a really big disconnect of...
View ArticleWage and Hour Coverage: What’s New?
Wage and Hour Coverage, also known as FLSA coverage, provides for a sublimit of coverage to defend an Insured against claims arising from wage and hour disputes under the Fair Labor Standards Act. The...
View ArticleEmployment Practices Liability Insurance- What’s In a Number?
Statistics is an important tool. Extremely useful for gaining support for or against making a decision, they really are much more than that. Statistics tell a story about the subject matter, and in...
View ArticleWhy a Business Should Buy Employment Practices Liability Insurance
In 2018, 65% of all businesses are now buyers of this essential business coverage. It is no longer that is just an employer/employee workplace risk- the risk also extends to third parties that are...
View ArticleHow Gapping of Coverage Occurs in Cyber Liability Insurance
There are many different ways to Insure against Cyber Liability Insurance exposures in today’s marketplace. The last 10 years have seen a lot of change in the coverage, as well as the number of...
View ArticleChoosing the Right Cyber Insurance Policy
Cyber Liability Insurance can be overwhelming for both agents and their customers. Most agents have not been trained on how to sell it, and most commercial insureds don’t believe they need it or have...
View ArticleChoosing the Right Broker for Placing Cyber Insurance
In a previous blog post, we stated that “Most agents have not been trained on how to sell it, and most commercial insureds don’t believe they need it or have any risk. Bridging the gap between the two...
View ArticleYour Customer’s Cyber Tune Up Is Way Past Due
2018 has turned and the New Year is here. Have you been writing Cyber Insurance for your customers for some time? Or fairly new? Have you been packaging them into the BOP? Writing it with standard...
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