Cyber Coverages for Property Damage, Bodily Injury, and Crime: Assessing the Gaps, Exclusions, and Policy Options

April 12, 2018 9:00am

Nick Economidis
Underwriter
Beazley (Philadelphia, PA)

Kirstin Simonson, CPCU, ARM, AU, ASLI
2VP | Global Technology
Travelers (St. Paul, MN)

Timothy R. Sullivan
Attorney
McCormick Barstow, LLP (Fresno, CA)

Brian J. Dusek
Partner
McCullough, Campbell & Lane LLP

  • Examining coverage options, exclusions, or limitations for property and bodily damage
    • Evaluating the need for more connectivity between policies
  • Providing clarifications on cyber-crime coverage involving loss of money and securities
  • Educating policyholders of the awareness of risk
  • Addressing concerns for manufacturers and critical infrastructure elative to claims for damages outside of the scope of what cyber policies cover
  • Assessing options for insurers pairing with reinsurers to offer property and bodily injury coverages for large facilities
  • Analyzing the St. Paul case on whether personal injury can be covered in a CGL policy
  • Examining case law on crime policies including the InComm case
    • Identifying the circumstances where the crime policy would be triggered
    • Explaining the surge of business email compromises cases and how it does/does not fit under a crime policy