Evolution of Cyber Coverage: How to Sell to Today’s Businesses

  By Amy O’Connor-The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber coverage has evolved from a tech errors and omission (E&O) policy covering mainly information technology professionals to a policy for companies of all sizes and descriptions. Carriers have had to adapt to insureds’ needs for more coverage than what was originally available and respond appropriately, while keeping up with with technology changes that raise new exposures. “A lot of the early … Continue reading