GT Insurance Blog

Insurance problems and cures

Cyber liability insurance policies

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A quick thought: Did you know that cyber liability insurance coverage is highty variable from one insurance carrier to another?

And not just in what limits they allow or how much they charge. The actual coverage is variable. This is not a settled field of insurance so each company is crafting its own list of what’s covered and what is not. This is important. How broadly your insurance carrier crafts the wording, or interprets claims can make a huge difference if you actually have a claim made against you.

While this is still evolving, at a minimum have your insurance advisor show you the coverage in your existing policies.

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