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Managing a cyber event

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  • Managing a cyber event

Factsheet

Cyber

    Managing a typical cyber event with MPR Cyber Incident Response and Insurance

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    Tim Jones

    Written by

    Tim Jones

    Language Matters

    Professional Services Exclusions
    and D&O Liability

    The Professional Services Exclusion (“PSE”) is one of the most common adjustments to Directors & Officers (“D&O”) policies/sections of cover, appearing in many as a standard feature (as opposed to a discretionary, endorsement based approach). This frequency of use might suggest a settled position both on language and intent, but this is far from the case, with inconsistency around construction, purpose and impact.

    Factsheet

    Navigating a Hard Cyber Market

    Cyber Insurance is becoming a more challenging product to place. Frequent and severe losses, combined with a previous ‘soft’ market landscape have created profitability issues for insurers.

    Insight

    Litigation Funding
    and D&O Liability

    The profile of litigation funding has been raised recently with the case of RBS, and there is further evidence that it is emerging as a greater threat in the event of alleged wrongdoing, whatever the nature or scale of the organisation in question.

    10th Floor
    Chancery Place
    50 Brown Street
    Manchester
    M2 2JG

    0161 241 3550
    enquiries@mprunderwriting.com

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    MPR are Chartered Insurance Underwriting Agents

    MPR Underwriting Limited is a company incorporated in England and Wales. Registered Address: 10th Floor, Chancery Place, 50 Brown Street, Manchester, M2 2JG. Company Number: 10529758. Authorised and regulated by the Financial Conduct Authority.

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