Content from Elizabeth Blosfield
Elizabeth is Deputy Editor at Carrier Management. She hosts The Insuring Cyber Podcast and Between the Lines, a quarterly video series exploring topics in Carrier Management's latest magazine edition. Elizabeth can be reached at eblosfield@wellsmedia.com.
Businesses That Remained Opened Despite Shutdown Could Face Questions About Coverage
Insurers are already seeing some pushback regarding virus-related claim denials from businesses that suffered losses while closed due to the pandemic, but what about claims a business could file if ...
N.J. Bill Would Make Insurers Cover COVID-19 Business Interruption Claims
A proposed New Jersey bill, which aims to create business interruption insurance coverage for COVID-19 related claims despite virus exclusions in many policies, has drawn concern about the ...
Talent Gap Pushes Insurance Companies to Evaluate Diversity Initiatives
Expectations for the work environment are changing as new generations enter the workforce, and as a result, insurance companies are facing increased pressure to evaluate their focus on diversity and ...
3 Veteran Insurance Business Founders Share What They’ve Learned
When Christopher Cavallaro co-founded ARC Excess & Surplus LLC alongside Albert Salvatico and Richard Fierstein in April of 1986, they began the company with $90,000 of their own money. "I don't ...
It’s Time to Assess Cyber Insurance Coverage Gaps
As Cybersecurity Awareness Month is underway, it may be time for businesses – especially small- or mid-sized firms – to assess their understanding of current cyber risks and whether they're ...
For Insurers, New Calif. Data Protection Regulation Offers ‘Tremendous’ Opportunity
More than a year after The General Data Protection Regulation (GDPR), a regulation in EU law on data protection and privacy for all citizens of the European Union, was implemented in May 2018, some ...
Data Breaches Take Months to Discover, but They Happen Within Minutes
While it typically only takes a short amount of time for a successful breach to compromise data, the amount of time it takes for a breach to be discovered is more likely to be months. This means ...
Cyber Insurance Underwriters Face Ongoing Challenge of Insufficient Historical Data
While there are "huge opportunities" on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with. "It's ...