WebIRMI currently offers five certification programs focusing on the following industries and product lines: Agribusiness and Farm Insurance Specialist (AFIS®) Construction Risk and Insurance Specialist (CRIS®) Energy Risk and Insurance Specialist (ERIS®) Management Liability Insurance Specialist (MLIS®) WebExtended reporting period: This helps cover claims made during a specified time after your policy expires. Generally, it lasts between 30 and 60 days. So, if your policy expires in December 2024 and you have a 60-day extended reporting period, your insurer can help cover claims reported in this window. This is also known as tail coverage.
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WebMay 27, 2014 · All companies should have a cyber insurance policy in place if they operate using a computer. Your privacy can be invaded through a social media posting or your company’s product can be smeared on a message board. This can cause commercial damage to your company. WebDec 2, 2024 · Cyber Risk Controls Remain Paramount, Even as the Market Softens Cyber is another key line in transition since many carriers and insureds have been stung by the ongoing barrage of ransomware attacks and other cyber breaches. “The industry saw double- and triple-digit price increases over the last year and a half to two years,” Smith said. WebDec 19, 2024 · An “invoice manipulation” clause is the only coverage clause that responds to such claims. Because cyber policies are non-standard and negotiated individually based on the specific risks of the business, this new, specialized clause may not be available on all cyber insurance policies. As cyber criminals get smarter and cyber insurers work ... green amethyst bridesmaids dresses