What Is Available to Small and Medium-Sized Markets in Terms of Coverage and Why Smaller Companies Should Get This Type of Insurance?

December 1, 2016 8:30am

Kerrigan Malek
Assistant Vice President – Specialty E&O
Liberty International Underwriters

Gregg C. Rentko
Vice President
Western World

Patrick Thielen, CPCU
Cyber Product Leader
Chubb

Michael Varshavski
Director of Business Operations, Cyber Insurance
Symantec

Laura Zaroski
Cyber, Management & Professional Liability
Socius Insurance Services

  • Are smaller markets still under-served in terms of cyber insurance products that are available to them?
  • To what extent more education is needed in these markets as to what cyber-type of coverage does and how it is provided? To what extent does the complexity of the policies add to the insureds’ misunderstanding of this insurance?
  • How are smaller markets going to make sure that they are paying the right price for insurance?; Where do they look for guidance?
  • Why should these companies get cyber insurance: Understanding why it is important to have and its affordability; Understanding that their financial bottom line may be at stake in case of an event and understanding what the biggest return on their investment will be