Cyber insurance is designed to fill an enterprise's coverage gaps, where coverage under other forms of insurance may not be triggered by these kind of losses. At the same time, and because cyber insurance is a relatively new product, there are few reported cases involving coverage disputes. Importantly, those cases highlight the need for policyholders to scrutinize the menu of available coverage grants in any proposed cyber insurance policy.
Originally published in the Daily Journal - May 23, 2018.
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