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Cyber Ups the Ante on Uncovered Physical Damage
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What does cyber risk mean to you? Privacy exposures have been addressed by the insurance industry for 10 years. But agents and brokers must understand a broader set of risks facing their clients: hacking incidents, network security failures and data-breach exposures that can lead to uncovered physical damage, both bodily injury and property damage. Starr Companies' cyber lead Shiraz Saeed is an articulate storyteller on the need for the industry to engage in this broader cyber risk assessment and product enhancement. (Who knew smart elevators could be such a source of conversation around potential claims?) Take a listen to Shiraz and you'll be compelled to think anew on cyber - and have a serious conversation with your underwriter partners.
