Business Interruption Coverage for Cyber-Related Losses: Terms and Exclusions, Interplay With Other Policies
Recording of a 90-minute CLE webinar with Q&A
This CLE course will discuss the unique risks that cyber-related losses pose to business operations and how to mitigate those risks with business interruption (BI) coverage. Our panel will guide insurer and policyholder counsel on negotiating terms and exclusions and how BI coverage works with other policies to address potential losses.
Outline
- Business interruption—evaluating coverage
- Property loss
- Liability
- Regulatory obligations
- Repair/restoration
- PCI compliance
- Negotiating exclusions
- Contingency BI coverage
- Infrastructure attacks
- Network
- Conventional infrastructure
- “Upstream” incidents
- Infrastructure attacks
Benefits
The panel will review these and other relevant issues:
- How can businesses leverage policy terms like duration, waiting periods and exclusions to maximize coverage for a cyber-related loss?
- How can insurers combine coverage solutions to address the full scope of potential losses?
- How can policyholders incorporate guidance and expertise of brokers and underwriters in the development of preventative policies?
Faculty
Mary E. Borja
Partner
Wiley Rein
Ms. Borja represents insurers in complex litigation and arbitration involving professional liability, general... | Read More
Ms. Borja represents insurers in complex litigation and arbitration involving professional liability, general liability, crime, and property insurance coverage. She provides advice and counsel on a wide range of insurance issues, including legal malpractice and other errors and omissions claims, director and officer liability, bankruptcy, crime, construction defect, environmental liability, technology, emerging issues, and bad faith.
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Mark E. Miller
Co-Founder
Miller Friel
With over 20 years of litigating and settling insurance claims, and prior Fortune 500 executive experience before that,... | Read More
With over 20 years of litigating and settling insurance claims, and prior Fortune 500 executive experience before that, Mr. Miller bring clients seasoned business-oriented solutions to virtually any kind of insurance issue. His experience ranges from settling some of the largest property damage and business interruption claims in the world, to litigating coverage for some of the biggest crime insurance losses ever suffered. Prior to co-founding the firm Mr. Miller was a principal shareholder at Greenberg Traurig LLP, where he co-managed the firm's Insurance Recovery and Advisory Practice Group.
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Eric B. Stern
Partner
Kaufman Dolowich Voluck
Mr. Stern concentrates his practice in all aspects of insurance coverage litigation. He has analyzed, written on and... | Read More
Mr. Stern concentrates his practice in all aspects of insurance coverage litigation. He has analyzed, written on and litigated over various types of policies, including D&O liability, professional liability, CGL, uninsured/underinsured motorist, homeowners’ liability, and first-party policies. Mr. Stern has successfully defended insurers in multiple matters and has reported decisions at the trial level. Due to Mr. Stern’s experience in this area, he has become a frequent presenter on multiple topics.
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