Ten Considerations When Purchasing Cyberinsurance

Archived Published: 11 June 2012 ID: G00234223

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Many organizations are exploring cyberinsurance as a method to transfer risk and hedge against computer-related loss. Gartner recommends 10 considerations before purchasing these complicated insurance products.

Table of Contents

  • Analysis
    • Consideration No. 1: Buying Into the Sales Pitch
    • Consideration No. 2: Your Insurance Broker and the Insurance Carrier
    • Consideration No. 3: Policy Complexity
    • Consideration No. 4: Policy Qualification
    • Consideration No. 5: The Preinsurance Survey
    • Consideration No. 6: Filing Claims
    • Consideration No. 7: Selecting Coverage
    • Consideration No. 8: Understanding Exclusions
    • Consideration No. 9: The Cloud
    • Consideration No. 10: Payment of Claims
    • The Future of Cyberinsurance
  • Recommended Reading
© 2012 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

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