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?”
As a shareholder in the firm, John Eggum concentrates his practice on insurance coverage disputes and commercial litigation. He is regularly retained in a wide range of insurance coverage matters… Read More
Gary is a Vice President of Alper Services, an Alera Group company, and the Director of the Alper Global Trade Risk Management Division (AGT). Under his guidance, AGT provides companies… 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