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Part 2: More about London's Nation-State Attack Exclusion: Game Changer For The Cyber Insurance Market or An Opportunity For Competition Within the Market?
Lynda A. Bennett, chair of Lowenstein's Insurance Recovery practice, continues her conversation with David Anderson, partner and head of Cyber at McGill and Partners, about changes to the London Market's cyber insurance policy form that significantly expands the scope of its war exclusion by including not only formal declarations of war, but also nation state-backed cyber-attacks. Lynda and David explore how stakeholders reach consensus on the definitions of such terms as "insurable events," "state-backed attacks," or "ability to function"; and how policyholders should proceed in anticipation of other insurers reacting to London's expansion of this exclusion. Speakers: Lynda A. Bennett, Partner and Chair, Insurance Recovery David Anderson CIPP/US, Partner, US Head of Cyber at McGill and Partners
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By Lowenstein Sandler LLP
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Lynda A. Bennett, chair of Lowenstein's Insurance Recovery practice, continues her conversation with David Anderson, partner and head of Cyber at McGill and Partners, about changes to the London Market's cyber insurance policy form that significantly expands the scope of its war exclusion by including not only formal declarations of war, but also nation state-backed cyber-attacks. Lynda and David explore how stakeholders reach consensus on the definitions of such terms as "insurable events," "state-backed attacks," or "ability to function"; and how policyholders should proceed in anticipation of other insurers reacting to London's expansion of this exclusion. Speakers: Lynda A. Bennett, Partner and Chair, Insurance Recovery David Anderson CIPP/US, Partner, US Head of Cyber at McGill and Partners
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