Read fine print on cyberthreat coverage

By
-
INCREASED INTEREST: Carey, Richmond and Viking Insurance, a broker in Middletown, said inquiries and discussions from small to midsized businesses about cyber insurance coverage are up 10 to 20 percent since last year. From left, Jeff Boldt, director of commercial insurance; Irene Leary, marketing manager; and David Andrade, president.
 / PBN PHOTO/RUPERT WHITELEY
INCREASED INTEREST: Carey, Richmond and Viking Insurance, a broker in Middletown, said inquiries and discussions from small to midsized businesses about cyber insurance coverage are up 10 to 20 percent since last year. From left, Jeff Boldt, director of commercial insurance; Irene Leary, marketing manager; and David Andrade, president.
 / PBN PHOTO/RUPERT WHITELEY

Owners of small to midsized businesses are increasingly worried about their exposure to cyber risks, including data breaches, and are turning to insurance protection in greater numbers. While that’s advisable, brokers and attorneys say the details are important, because cyber-risk insurance is evolving and carries many exclusions. Oftentimes, business owners may think they’re covered, but

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber
  • Critical RI business news and analysis updated daily.
  • 1 year of print (26 issues).
  • Unlimited access to all subscriber only content on our website, on any device.
  • Free email alerts.
  • Annual Book of Lists Print Edition.
  • All special issues produced during subscription term.

Click Here to purchase a paywall bypass link for this article

PBN Branded Content

Seifert Systems Invests in Energy Efficiency to Strengthen Operations

For manufacturers, energy is more than just another operating expense. It plays a critical role…

Learn More

RELATED ARTICLESMORE FROM AUTHOR

No posts to display