Understanding all the elements of coverage included in a cyber insurance policy can be confusing, adding complexity to selecting the right policy for your firm and completing the application process. In this webinar, we'll step through the elements of coverage and the application process with insurance brokers specializing in cyber insurance for law firms and an ILTA member who recently went through the process. Topics will include:
- Elements of coverage -- what do they all mean?
- First party and third party risk
- Liability-defense and settlement costs
- Business interruption
- Patent infringement
- Outsourced data protection
- Tips for painlessly completing the application process
- Notification requirements firms must have in place to obtain and maintain coverage
- Best practices for finding the right policy for your firm
In the original recording there were some sound quality issues, so we re-recorded the webinar. This is 30 minutes long. In the attachments below we are providing a link to the original recording. We feel the recording is still of value due to some interesting audience questions and answers. We are also providing the handout mentioned in the presentation called "Incident Roadmap".
If you liked this content, check out the first webinar in this two part series “Cyber Insurance - Risk Exposures and Strategic Solutions”
Gary G. Beck, AAI, BCFE has been in the insurance industry since 1975. He was the corporate risk manager for what is now United Airlines and, since 1980, has been the President/CEO of The Beck Company, a risk management, brokerage and consulting firm, where he chairs the professional services practice group. Gary holds several degrees, including an LL.M (Master of Laws).
Richard Creel is a Broker Specialist with over 25 years of experience developing sophisticated placements for professional entities, placing primary/excess and quota share lines of coverages for professional, employment practices, management and cyber liability, fiduciary insurance and regulatory errors and omissions. His experience includes retail broking, program development, lawyers professional underwriting, client stewardship, risk assessment, policy analysis and claims advocacy. Rick holds RPLU, ASLI and MLIS insurance certifications.
Debbie Novy is a senior manager at Hunton & Williams, where she leads the information governance and security program, and is a member of the cross-functional IT security group and emergency management team. With over 25 years of experience in law firm technology and operations, she handles client security assessments and ensures the firm maintains appropriate IT security and governance controls. Debbie is a member of ILTA, the North Texas Infraguard Chapter and the North Texas Information Security Systems Association.
Sponsored By: ARC Brokers
Recorded on 04-19-17