“Crawford’s global head of Cyber Paul Handy says organisations should focus not only on risk prevention but also preparedness in the event of a cyber incident, and a key part was understanding the claims process.
‘Cyber-related business interruption is a costly and potentially ruinous expense,’ he said. ‘By engaging with a loss adjuster with full-time responsibility to support the insured through the assessment and quantification, policyholders can be much more confident in achieving their desired outcome.’”
Read the report.
Source: Aon, Crawford share expertise in new cyber claims guide – International – Insurance News – insuranceNEWS.com.au
Mark Sauter
Mark Sauter’s insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook “Homeland Security: a Complete Guide,” Sauter was also a consultant to one of the world’s largest software companies and served as a US Army Special Forces and infantry officer.