On August 26, 2015, the National Cybersecurity Institute (NCI) hosted a webinar entitled “Demystifying the Insurance Contract”.
Even to an experienced practitioner the insurance contract can be a daunting document, difficult to interpret and understand. Insurance contracts are as well-known for what they exclude as they are for what they include. In many cases certain rights are taken away in one section only to be given back in another.
This webinar explained the basic elements of an insurance contract, described the unique properties of cyber liability insurance, and demystified the contract in order to make it more accessible to the average person.
The webinar was presented by Steve Lobel. As a successful entrepreneur, Mr. Lobel spent his formative years starting and growing several business ventures. For the last 18 years he has been Vice President at Anchor Agency, Inc., a full service independent insurance agency in Albany, NY. Since the early days of the internet, Steve has specialized in insurance products and services that address the complex and rapidly changing risks associated with E-commerce and Information Technology. He has developed a holistic suite of services designed to enable both start-up and mature businesses to manage risk and function effectively in the electronic age. His specialties include: Cyber Liability, Errors & Omissions, Professional Liability, Alternative Energy, and other niche markets. He has attained the professional designation CIC (Certified Insurance Counselor).