PLEASE NOTE: This course is pending approval in the following states: Minnesota (CLE). The application for CLE approval has been submitted to the respective state accrediting agency(s) and is awaiting final confirmation. Click here to learn more.

Gone Fishin' - Insurance Coverage for Phishing Attacks

Production Date: May 22, 2018 Practice Areas: Insurance Law Estimated Length: 60 minutes


$ 59 Insurance Law In Stock

The good news on the cyber insurance product front is that insurance companies are eager to sell the protection, and favorable terms can be obtained if you know what to look for. The bad news is that the market still lacks any semblance of uniformity and many policies are confusing to say the least. This session will provide participants with the tools they need to purchase the coverage they need.  

After providing an overview of the most important coverages, presenters Peter Halprin, MCIArb and Vianny M. Pichardo will deliver ten tips for avoiding coverage traps and increasing the chances that the coverage granted covers actual risks. These include purchasing policies that cover evolving risks, time element losses, reputational damage, extortion and ransomware, PCI-related claims, breach of contract claims and data losses stemming from hacks on cloud and third-party vendor systems.

Learning Objectives:

  1. Develop claims handling practices that maximize the likelihood of full recovery
  2. Sync cyber coverage with CGL, property insurance, and crime insurance
  3. Discuss ten tips for avoiding coverage traps