DALLAS, SEPT 17, 2014, IIG President, Ty Sagalow, will join Wilson, Elser and Ironshore in presenting a half day seminar in on the responsibilities of the board of directors on cyber risk risk management. In the wake of the recent attacks against major retailers such as Target and Home Depot, in addition to the frequent […]
Cyber Risk Insurance
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More businesses are buying policies but underwriters are challenged because the losses are difficult to quantify and attackers are constantly getting more advanced. The article quotes Deloitte, ACE, Good Harbor, and Innovation Insurance Group President Ty Sagalow who summarizes bottom line: “Insurer’s can’t afford not to be in this thing.“
When it comes to securing America’s companies against cyber threats, there is one place lawmakers, the executive branch and the private sector itself are all looking: insurers. This article discusses cyber risk and cyber insurance from the point of view of the Executive Branch of the U.S. Federal government and includes comments by members of the private cyber […]
In this third installment of the Ty Sagalow Insurance Thought Leadership series, Mr. Sagalow is asked about the current status of cyber risk and the cyber risk insurance industry as well predictions to the next versions of cyber risk insurance.
Financial institutions are facing record exposures and increasing obstacles to securing insurance, due to the fallout from the financial crisis and an era of heightened regulation. E&O, D&O, fiduciary liability, cyber risk claims, financial fidelity (bond), even P&C – on a variety of fronts, insurance professionals and policyholders are looking for answers on assessing risk, […]