Corporate Senior Vice President and National Professional Liability Practice Leader. Focus on professional, cyber & privacy and executive liability risks for clients nationally. Have been a guest on Fox Business, CNBC, and Fox 2 Detroit discussing the complexity of cyber liability insurance, privacy risks, and identity theft. Participated in U.S. Department of the Treasury cyber risk round-table discussion in Washington D.C.
Some carriers are being selective; others are exiting the space entirely
When there are mistakes that are made within this space, it’s more than just typical professional liability. There’s so much more at stake. If there is a shortcut taken by an engineer or design firm, if there are cheaper goods that are used in the process, or if they just flat out get the design wrong during the process, the results can be more than just financial loss.