INSUREtrust has been offering cyber liability insurance to real estate firms for a long time. Many do not realize that they have cyber exposures. We have previously written about phishing scams, which often target real estate firms that have large escrow and/or...
In the first part of this article we discussed some of the emerging cyber risks in today’s business world and explained some of the key differences between a specialized cyber risk policy and a standard Commercial General Liability (CGL) policy. In this second part,...
Since its inception in 1973, the Commercial General Liability policy has been amended several times, allowing it to modestly adjust to the ever-changing business world. Several of these amendments were introduced to specifically address e-commerce (Malecki, 2005)....
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Over the past two decades, business operating efficiency has been catapulted to higher levels thanks to the rapid development and use of technology. Customer information can now be accessed from almost anywhere on the globe. Millions of transactions between consumers...