Christopher Nucifora of Kaufman Dolowich & Voluck told Advisen confusion about different policies’ terms could lead to coverage gaps. (Coverage confusion separates cyber, GL, E&O, D&O policies.
Confusion on Cyber Liability is ever present.
Risk Managers are hindered by the ongoing “Silo Approach” to risk mitigation when it comes to understanding and implementing the correct policies concerning Cyber Liability. Confusion still exists in the primary differences between, GL, E&O, D&O, and Cyber.