Cyber Liability Challenges

Discussion on cyber liability and the corresponding development, impact and challenges for carriers and insureds. 

Big Question: How do insured's determine the risks and limits they need, when carriers are still attempting to understand exposures and pricing models. 

- First party vs. Third Party Coverage Examples and exclusions 

Carriers Mentioned: AIG, XL Catlin, Chubb, Travelers, Beazley, CNA, Liberty Mutual, BCS Insurance, Axis, Allied World, Starr International & Markel

- Market Size Space and risk modeling (data, comparisons and more) and various unknowns due to infancy