Monthly Archives: June 2011

My video interview with RiskCommunities regarding additional insureds and indemnity agreements for tech firms

Julie Davis of Risk Communities asked me to speak with her again about insurance coverage issues for high tech firms.  Here is how Risk Communities described the video interview:

Technology firms are rich in contractual relationships of all types.  Often those contractual relationships spark a discussion, or changes in business insurance policy provisions for many firms.

In the latest RiskCommunities Video, we interviewed Scott Godes [formerly] of Dickstein Shapiro LLP, to address some of the top questions asked about Additional Insured and Indemnity Agreements.  The top questions covered in our video interview include:

  1. What does it mean to be an Additional Insured?
  2. What does a Certificate of Insurance tell the Certificate holder?
  3. How does a deductible or self-insured retention apply in the context of Additional Insured coverage?
  4. Is there Insurance coverage available for Indemnity agreements?
  5. Does the contract affect the obligation to purchase additional coverages?

Disclaimer:

This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author’s law firm and/or the author’s past and/or present clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction. The opinions expressed here belong only the individual contributor(s). © All rights reserved. 2011.

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Join me for a free webinar about D&O and cyberinsurance: “Executive Summary”: What You Need to Know Before You Walk into the Boardroom

Please join me on July 19, 2011, at 2:00 pm Eastern, for a free webinar hosted by Woodruff Sawyer & Co. Priya Cherian Huskins, Lauri Floresca, and I will discuss D&O insurance, cyberinsurance, and insurance coverage for privacy issues, data breaches, cyberattacks, denial-of-service attacks and more. Here are the details from Woodruff Sawyer‘s announcement:

 

Date and Time


 

Tuesday, July 19, 2011


Webinar

11:00 AM – 11:30 AM PST


This webinar is offered free of charge.


Visit Us At:

LinkedIn   Facebook   Twitter


Woodruff-Sawyer & Co.

50 California St., 12th Fl.

San Francisco, CA 94111

Before you walk into your next board meeting, what do you need to know when it comes to current D&O liability issues? The “Executive Summary” is Woodruff-Sawyer’s webinar series for CFOs, GCs, Controllers and others who work with boards of directors.  The upcoming session will feature a conversation with Woodruff-Sawyer’s Priya Cherian Huskins and Lauri Floresca, both nationally-recognized insurance experts, and Scott Godes [formerly] of Dickstein Shapiro.Scott [was] the co-leader of Dickstein Shapiro’s Cyber Security Coverage Initiative. Areas of Discussion

  • D&O Market Update
  • D&O Litigation Update

– Newest numbers on D&O suits
– Latest on Supreme Court rulings

  • Lessons from Sony & Citi: What boards should be asking about cyber liability

– Updates on the recent high-profile data security breaches
– Understanding the impact of California’s recent Supreme Court zip code decision
– What should boards do to mitigate cyber risks?

Click here to register for this webinar.

For questions, please email seminar@wsandco.com


Woodruff-Sawyer is one of the largest independent insurance brokerage firms in the nation, and is an active partner of International Benefits Network and Assurex Global. For over 90 years, Woodruff-Sawyer has been partnering with clients to implement and manage cost-effective and innovative insurance, employee benefits and risk management solutions, both nationally and abroad. Headquartered in San Francisco, Woodruff-Sawyer has offices throughout California and in Portland, Oregon. For more information, call 415.391.2141 or visit www.wsandco.com.

 

Disclaimer:

This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author’s law firm and/or the author’s past and/or present clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction. The opinions expressed here belong only the individual contributor(s). © All rights reserved. 2011.

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Join me for ACI’s 5th National Advanced Forum on Cyber & Data Risk Insurance

Are you looking for a conference discussing insurance coverage for cyber and data risk issues, where you will have “the unique opportunity to network, benchmark your products against the competition and gain valuable information about the right insurance coverage for your company”? Then you should join me for the American Conference Institute 5th Annual Cyber & Data Risk Insurance conference.

Here are the introductory details:

Cyber & Data Risk Insurance

Monday, September 26 to Tuesday, September 27, 2011
Affinia Manhattan Hotel, New York, NY

International legislative changes and compliance…External threats from the explosion of social media…Cloud computing…PCI, HIPAA & HITECH standards… social engineering, malware downloads, phishing, click-jacking, spoofing, whistleblowing, massive leaks… THE LIST GOES ON

The expanded scope of Cyber & Data Risk Insurance is here. Attend the annual September conference that the industry has known and trusted for years!

* * *

Dates:
Mon, Sep 26, 2011
Tue, Sep 27, 2011
Location:
Affinia Manhattan Hotel
New York, NY

Accreditation:

Accreditation will be sought in those jurisdictions requested by the registrants which have continuing education requirements. This course is identified as nontransitional for the purposes of CLE accreditation.

ACI certifies that the activity has been approved for CLE credit by the New York State Continuing Legal Education Board in the amount of 15.0 hours. An additional 2.0 hours will apply to workshop A and 3.0 hours to workshop B.

ACI certifies that this activity has been approved for CLE credit by the State Bar of California in the amount of 12.75 hours. An additional 2.0 hours will apply to workshop A and 2.5 hours to workshop B.You are required to bring your state bar number to complete the appropriate state forms during the conference. CLE credits are processed in 4-8 weeks after a conference is held.

ACI has a dedicated team which processes requests for state approval. Please note that event accreditation varies by state and ACI will make every effort to process your request.Questions about CLE credits for your state? Visit our online CLE Help Center at http://www.americanconference.com/CLE

My panel will be:

10:05     State of the Market: New Exposures, Coverage Options and Trends that Are Changing the Scope of Cyber Liability

Edward McGuire, Senior    Vice    President,    Sales    &    Marketing S.H. Smith & Co.
Steven H. Haase, CPCU ARM, INSUREtrust
Malcolm Randles, Underwriter,    Enterprise    Risks    510, R    J    Kiln    &    Co    Limited
Jenny B. Bradford, J.D., Vice    President    Financial    Products,    Risk    Management    Liability, Regions Insurance
Scott N. Godes, Counsel, [formerly] Dickstein    Shapiro    LLP

  • Market overview and legal developments
    • Updates on new exposures, coverage decisions and new products to ensure coverage
    • Addressing the lack of uniformity among policies
    • Cyber risk insurance overlap with other insurance policies
    • How big is the market and how much has it grown over the past few years?
    • New clients and non-technology companies purchasing coverage:   who they are and what they are looking for
  • A    closer    look    at    security    &    privacy    challenges    facing    small    businesses
    • What considerations have been given to products that may attract small to mid-market    companies?
    • How carriers are capitalizing on this
  • State of the reinsurance market for cyber-risk insurance
    • Clarification of comprehensive contracts and identifying key provisions

Interested in attending?  You can get a discounted rate through me, taking $600 off of the registration price, if you register by June 30.   If you’re interested in getting the discounted rate, please e-mail me.  Or, if it’s after June 30, you can click here:
Register Now

Disclaimer:

This blog is for informational purposes only. This may be considered attorney advertising in some states. The opinions on this blog do not necessarily reflect those of the author’s law firm and/or the author’s past and/or present clients. By reading it, no attorney-client relationship is formed. If you want legal advice, please retain an attorney licensed in your jurisdiction. The opinions expressed here belong only the individual contributor(s). © All rights reserved. 2011.

Note:  as a speaker at the conference, I will not be charged a fee to attend the remainder of the conference.

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