Hunton Insurance Recovery Blog

Hunton Andrews Kurth LLP insurance partner, Andrea DeField, was recently interviewed by Courtney DuChene for Risk & Insurance magazine for their article, Cyber Captives 101: Is Self-Insuring the Right Risk Mitigation Choice for Your Business? As we’ve discussed previously on the blog, the cyber insurance market has become increasingly difficult, see here, here, here, and here, and captive insurance may present a potential solution, see here. However, as DeField notes in the article, “If you’re going to go through this whole time-intensive, labor-intensive, cost-intensive process of setting up a cyber captive, you want to take a good hard look at the language you’re using as the base cyber form and make sure it’s the best language that you can get.” Read more tips in the article, here.