In the latest edition of Cyber Risk – The Threat…The Response, WRIN.TV sits down with Steve Vallone, a Broker at Worldwide Facilities and Serene Davis, a Professional Liability Underwriter at Beazley to talk privacy breach insurance.
The guests recommend that when purchasing privacy breach insurance, buyers must beware of exclusions, trapdoors and gaps. Ms. Davis argues that it is “important to use an agency that has the expertise” because “breach coverage is a specialized coverage and not a coverage every broker understands or wants to handle.”