This panel discusses key elements of a property policy such as what coverages could be essential to your business, i.e., Business Income, Contingent Property, and Professional Services (and you don’t need to be in the Professional Services business to get value from this coverage), an explanation of co-insurance v. agreed value, and different valuations like replacement cost v. cash value as well as proper valuation of assets.
We’ll also discuss Cyber Liability coverage, why it’s so important to so many more businesses than one might think and what could be important considerations for a policy since each policy varies from carrier to carrier. We’ll look at topics like protecting inventory with a “street value,” “Are you the insured?”, carrying a “foreign exchange” risk with your cyber policy, “Who’s going to obtain crypto currency to pay a ransom?”, “Do you have a potential bodily injury risk?”, and “Do you need business income coverage?”
Eric Hampton is an associate attorney with Rudolph Kaplan, LLC and focuses his practice on commercial and residential real estate litigation and related transactional matters. Eric has experience representing a… Read More
David is a Senior Risk Placement Specialist in the FINEX Cyber and Technology practice. David has more than 25 years’ experience building successful technology E&O, professional liability and cyber insurance… Read More
Topitz has more than 39 years of experience in the insurance industry, placing property casualty insurance for all industries and specializing in providing coverage for those businesses hardest to insure.… Read More