Cyberspace and Insurance
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Insurance issues surrounding e-commerce

Before the advent of e-commerce, sales time was spent on helping clients select traditional coverages, such as the following:
  • Property
  • Business Income
  • General Liability
  • Workers Compensation
  • Group Health

    Computer and crime coverages were a secondary coverage issue. And if anyone asked about Intellectual Property coverage, there was a good chance that the response they heard was, "What's that?"

    Now that e-commerce has become a de facto part of business-as-normal, sales time has shifted to emphasize less traditional coverages for the online side of an enterprise's operations. Common risk areas for e-commerce are:
  • Computers and other hardware / software
  • Power related issues
  • Equipment breakdown issues
  • Crime coverages such as Computer Fraud
  • Intellectual Property coverages
  • Advertisers Liability
  • Multi-media Liability

    Businesses are searching the insurance marketplace for new cyberspace products, as they are eager to protect their online operations. Let's take a closer look at the key exposures facing these companies and the solutions being offered by the insurance industry.


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    Not only are policy forms, clauses, rules and court decisions constantly changing, but forms vary from company to company and state to state. This material is intended as a general guideline and might not apply to a specific situation. The authors, LunchTimeCE, Inc., CEfreedom, and Insurance Skills Center, and any organization for whom this course is administered will have neither liability nor responsibility to any person or entity with respect to any loss or damage alleged to be caused directly or indirectly as a result of information contained in this course.