Cyber Insurance If your business handles sensitive customer data (such as credit card or bank account numbers), data breaches pose a serious threat to your financial stability. Cyber Insurance protects business against the expenses associated with a data breach, which can run into the hundreds of thousands of dollars. A lawsuit resulting from a data […]
Underwriting Emerging Insurance Risks offers insurers avenues for innovation. Insurers opting to take up these opportunities need to ensure policy wordings are sufficiently dear to avoid having to pay out on risks they never intended to cover. That warning comes from Trevor Maynard, head of exposure management and reinsurance at Lloyd’s of London. “The key […]
