Stephanie Snyder Frenier is SVP with CAC Specialty’s Professional & Cyber Solutions practice. Stephanie has over 18 years of experience engaging with clients and prospects to develop tailor-made cyber and technology errors & omissions risk transfer solutions, while also supporting marketing and sales strategy.
There is a lot of talk in the cyber insurance industry over the challenge of systemic risk, and many carriers have announced their intentions to address these exposures with new policy language.
However, most carriers have already taken action to address certain elements of aggregated risk via limitations to the scope of cyber business interruption (BI) coverage.
BI is the most challenging part of cyber underwriting, as it requires understanding of an…
