Reaccreditation

Cyber and Privacy Liability Exposures and How to Insure Them

Course Details

hours
6.0
price
$99.00
This course is not subject to discount pricing.

Additional Credit Available:

Optional Insurance CE
Optional CPA CE

Delivery Method: 

Self-Study

PDF Download: 

Available

Provider of Record: 

WebCE

Field of Study: 

Management Services

Last Reviewed: 

May 2017

Prerequisites: 

None

Exam Requirements

Proctor Required: 

No

Passing Grade: 

70%

Retakes: 

Unlimited

Please note: Adding Additional Credit may change exam requirements.

Overview

Companies that use e-mail, operate a website, take orders online—and collect customer data in the process—participate in social media activities, or engage the services of a cloud provider are exposed to significant potential first-party property and third-party liability claims. This courses takes a look at the types of exposures companies face and provides a detailed review of the kinds of policy forms that have been designed to cover these exposures. 

Learning Objectives

Upon completion, students will be able to:

  • recognize the 10 key areas of confusion inherent in cyber and privacy coverage, beginning with the fact that it is referred to under different names by different insurers
  • list and describe the three major types of third-party liability losses and the eight major types of first-party property losses that result from cyber and online activities loss
  • identify various loss control measures that can be applied to eliminate, or at least reduce, the extent to which a business can be financially impacted by these loss exposures
  • identify the most important exclusions found within cyber and privacy forms, explain how different insurers’ versions of these same exclusions vary, and understand how such differences impact the scope of coverage the policies provide

Designed For

Property and casualty insurance agents, brokers, and adjusters at any level in their career

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.