Insurance Broking & Consulting White Papers

What Law Firms Need to Know About Cyber Crime and Coverage

While much time is spent talking about the vulnerabilities of healthcare organizations and tech firms to cyber crime, very little is said about law firms, although they too are targets for theft of personal, protected information. In this white paper, we assess the risks law firms face from cyber criminals and what resources are available to prevent inadvertent or unauthorized disclosure of client information.

Aug 2, 2017

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Privacy Actions vs. Data Breaches: What’s Covered and What’s Not in Your Cyber Policy

Cyber crime affects businesses in nearly every industry; many wisely purchase cyber insurance policies to protect their business interests in the event that the privacy and security of their clients’ data is compromised. What many firms errantly conclude is that their cyber policies protect them from all forms of privacy action litigation. In this white paper, we consider how insurers are responding to international regulations around data localization, cyber breaches and privacy regulations and what businesses can do to achieve better outcomes with their cyber coverage.

Jul 30, 2017

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WannaCry Ransomware Reveals Need to Review Cyber Coverage

In the wake of the recent WannaCry ransomware attack that crippled organizations around the globe, it’s more important than ever for businesses to assess whether or not they are adequately prepared for and protected from the next ransomware attack that is sure to hit at some point. In this white paper we examine where the WannaCry attack came from and how it worked; its place within the larger cyber landscape; and what organizations everywhere can do to ward off future cyber attacks.

Jul 30, 2017

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Environmental Insurance – You Cannot Recycle Wasted Time

An array of risk management strategies exists to address pollution exposures. However, indecision in the marketplace leads many would be buyers to self-insure environmental exposures. Unfortunately, delaying the implementation of environmental insurance increases the chance of suffering an uncovered loss. This white paper examines the current market, provides reasons many people delay insuring their pollution exposures and explains the need for expert advice in the buying process.

Jul 18, 2017

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Client Alert: The AICPA Cybersecurity Risk Management Reporting Framework

The attached alert will interest any firm that engages accountants to audit/review/advise them relative to cyber security, as well as more traditional things like system controls and overall Enterprise Risk Management. A new framework issued by The American Institute of CPAs provides a basis for CPAs to help boards of directors, senior management and other stakeholders gain a better understanding of an an entity's enterprise-wide cyber security and overall risk management. All public companies will be impacted in some way.

Jun 12, 2017

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The New Reality of Federal Medical Malpractice Reform

The election of Donald J. Trump to President of the United States had been considered a highly unlikely outcome.  Likewise, and based upon past history, many would suggest that the enactment of Federal medical malpractice reform is unlikely.  But, given the Republican majorities in both the House and Senate, and Trump in the White House, there is a legitimate chance for such legislation to pass. This paper explores the arguments on both sides, and outlines the key features of the bill(s) under consideration.

Jan 9, 2017

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