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Friday, January 12, 2018

Second-generation cyber policies tackle personal injury, property damage

Known in insurance circles as Internet of Things (IoT) exposures, liability can occur when personal injury or property damage results from a cyber incident. Traditionally, if somebody bought a property policy, they had coverage for a flood, fire or explosion that destroyed the building, for example.
From http://ift.tt/2DopoJi

Known in insurance circles as Internet of Things (IoT) exposures, liability can occur when personal injury or property damage results from a cyber incident. Traditionally, if somebody bought a property policy, they had coverage for a flood, fire or explosion that destroyed the building, for example.

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