WARREN, NJ, December 5, 2011 — To help protect private companies from an increasing number of cyber and other crimes, the Chubb Group of Insurance Companies has added insurance coverages and risk management services to its ForeFront Portfolio 3.0SM program. “The frequency and severity of cyber breaches, employee thefts, kidnappings and workplace violence incidents are growing concerns for many companies and their employees,” said Lisa Jones, vice president for private business management liability products for Chubb. “Private companies remain vulnerable to these potentially disruptive and expensive criminal incidents if they…
Read MoreTag: cyber risk management
P&C insurance agents must keep ahead of the latest threats to privacy
Agents and brokers for property and casualty insurance are being advised to keep abreast of the very latest information and statistics regarding the ever-growing risk of cyber attacks and the different kinds of coverage solutions that can allow their clients to decrease financial exposure. As hacking into private information of all types – financial, personal, and medical, for example – becomes increasingly common, insurance professionals must be able to keep up so that they can offer their clients the right forms of coverage, particularly in terms of miscellaneous professional liability.…
Read More