Interaction or Lack Thereof between Cyber, Property, and Crime Coverage: What’s Being Covered Where and When?

November 30, 2016 1:15pm

What is it about?

  • Addressing the need for more connectivity between policies
  • Where has traditional p/c insurance expanded or contracted? Where has/hasn’t cyber policy stepped up to bridge the gap? How can cyber insurance policies better respond to some of the insureds’ risk from the property damage and bodily injury perspective?
  • Addressing a considerable concern manufacturing companies have as bodily injury and property damage arising out of hacks are typically outside of scope of what cyber policies cover; How is insurance changing to respond to that? Insurers pairing with reinsurers to offer coverage to companies that have large facilities to cover bodily injury and property damage;
  • How far to extend cyber policies to cover something that might be covered under another type of policy?