AILP Issues: Cyber

CLASS TOPICS:

• Understanding the Exposure: Learn why cyber threats are constantly changing and why coverage forms are struggling to keep up.
• Real-World Risks: Explore how breaches occur, who causes them, and the financial and legal consequences that follow.
• Policy Comparison & Marketing: Identify what underwriters look for, from data types stored to breach history, and how to make your insureds more marketable.
• Coverage Breakdown: Dive into first-party and third-party cyber coverage components—from business interruption and data restoration to regulatory penalties and extortion demands.
• Key Definitions & Exclusions: Decode policy terms, common exclusions, and carve backs critical to securing meaningful protection.
• Claims & Conditions: Understand claims-made triggers, hammer clauses, defense costs, application severability, and rescission.
• Emerging Issues & Trends: Review prominent players, carrier variations in coverage offerings and valuable resources available to both agents and clients.

CEs: 7 P&C VT