Cyber insurance is a growth area. Clients are increasingly concerned with data security (think: Mossack Fonseca, Wikileaks) and other risks linked to doing business using networked information technology. Cyber insurance is intended to address these risks.
In this seminar Steve Keall barrister provides a beginner's guide to the key topics concerning cyber insurance. These include how insurance may respond to:
(i) loss and damage to a client's own equipment as a result of hacking,
(ii) liability to customers in respect of the misuse of confidential or private information,
(iii) investigating and responding to extortion and other relevant issues.
The talk will provide an overview of what products are emerging in the marketplace and then consider the general commercial and legal issues regarding cyber insurance.
Steve Keall is a civil and commercial disputes lawyer based in Auckland, New Zealand.
Steve started work in 1999, first national law firm Chapman Tripp and
then with specialist insurance firm McElroys. Since then, he spent about
eight years working in the London market as a solicitor.
Steve now practises as a barrister, with a sector focus on insurance and financial services.
Steve has a wide variety of insurance experience including policy coverage advice and dealing with intermediary/ broker issues.