Ep 121: Strategies for Reducing the Cost of Your Cyber Liability Insurance Policy

Published: July 11, 2023, 3 p.m.

b'Like many other businesses, law firms are at significant risk of cyber-attack and increasingly are turning to cyber liability insurance (CLI) to transfer some of their cyber risk. But many are being denied coverage or face high premiums due to shortfalls in their cybersecurity controls.

In this episode, your host John Verry, CBIZ Pivot Point Security Managing Director, sits down with Jack Liljeberg, Assistant Broker at Thompson Flanagan. Jack helps give business and security leaders in the legal vertical, as well as anyone seeking CLI coverage, a comprehensive update on the state of the CLI marketplace and critical issues to be aware of.

In this episode, join us as we discuss:
\\xb7 Whether CLI premiums still increasingly rapidly or have stabilized
\\xb7 Most critical information security controls that businesses need to obtain CLI coverage or avoid onerous premiums
\\xb7 The importance of honesty, accuracy, and plenty of detail in CLI applications
\\xb7 Exemptions and other issues to watch out for in CLI policies
\\xb7 Other insurance coverage types that can bridge gaps in a firm\\u2019s CLI coverage

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