Property/Business Interruption and Cyber Liability

Webinar Overview

This webinar discusses key elements of a property policy such as what coverages could be essential to a business, including cyber liability insurance. It covers the basic legal contracts for these kinds of insurance coverage, explains basic terminology, and discusses what provisions usually can and cannot be negotiated.

Learning Objectives:

• Property Insurance Basics
• Understand key coverages that are crucial to businesses, including: Property, Business Income,Contingent Property and Business Income
• Learn the differences between co-insurance and agreed-value policies
• Explore different valuation methods such as replacement cost vs. cash value
• Gain insights into properly valuing assets for adequate coverage
• Cyber Liability Insurance Essentials
• Discover why cyber liability insurance is increasingly critical for businesses
• Examine important considerations when evaluating a policy, recognizing that coverages and definitions vary by carrier
• Address real-world scenarios, including:
  • Managing ransom payments, such as obtaining cryptocurrency
  • Assessing potential bodily injury risks arising from cyber incidents
  • Determining the need for business interruption and contingent business interruption coverage

Other Webinars in this Series

• Currently, there are no other webinars in this series.