Insurance
May 23, 2018
Courts wrestle with coverage of cyber-related claims
While to date there has been relatively few reported cases involving cyberinsurance coverage disputes, there has been much litigation surrounding whether traditional insurance policies will respond to cyber-related claims.
Peter S. Selvin
Partner
Ervin, Cohen & Jessup LLP
Phone: (310) 281-6384
Email: steve@newsroompr.com
Chair of Insurance Coverage and Recovery Department
Cyberinsurance 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 cyberinsurance 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 cyberinsurance policy.
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