Cyber Insurance for a Hackable World: The Latest in Coverages, Litigation and Opportunities for Settlement

Program Materials: LINK
Program Recording: LINK

Insurance for cyber and privacy threats has become a critical component of every company’s risk management program. The risk of cyber-related losses is substantial and ever-changing, but coverages are not standard and evolve rapidly to respond to new market dynamics. It is important to understand the contours of potential cyber coverage under traditional and more recent cyber policy forms. These coverages’ impact on litigation and opportunities for settlement of claims are key issues for consideration. In this session, participants will learn:

• Key concepts about cyber and privacy coverage and how these coverages fit with traditional forms of insurance, as well as basics about cyber and privacy risks
• Issues to watch with respect to policy wording, including important exclusions, coverage for regulatory oversight, control of defense and coverage for BIPA (Biometric Information Privacy Act (Illinois)) claims
• Insights on how ransomware, business interruption and other cyber claims present for litigation and settlement

Time will be reserved for Q&A.

Featured JAMS Speakers:

• Steven R. Gilford, Esq. | JAMS Chicago
• Andrew S. Nadolna, Esq. | JAMS New York
• Jodi Hatherly, CPA CFF CGMA | BDO USA
• Bridget Quinn Choi, Esq. | Booz Allen Hamilton