Insights

Case studies, policy deep-dives, and industry analysis from an independent risk advisory firm.

Before Your Next Renewal

Three-year programs give banks bundled pricing and stable coverage. They also give carriers three years to revise forms...

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Credit Union Board Liability Gaps

Three D&O gaps hit a credit union after a breach. Each pushes more weight onto the cyber policy...

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NYDFS: What It Means for Your Insurance

NYDFS has collected $63M in penalties under 23 NYCRR 500. The per-day rate applies regardless of size, and...

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The Revenue Your Policy Ignores

Cyber BI definitions exclude interest income — the bulk of a bank's revenue. The exclusion is real, but...

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The Cheap-Good-Fast Triangle of Insurance

Insurance distribution chose cheap and fast. The side that fell away was good. Most bank programs have never...

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Credit Union Insurance Gaps

Credit union programs bundle cyber, D&O, and bond under one relationship. Claims get paid policy by policy. The...

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Five Audits, Same Gaps

Five community banks. Different carriers. Different programs. The same five coverage failures. Aggregate findings with a bank-by-bank scorecard....

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The Fine Print Inside the Coverage

A $5M cyber policy. After sublimits, retentions, defense costs, and carve-outs, actual recovery on a multi-front breach may...

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The Breach You Didn't Cause

A vendor's sub-vendor gets breached. The bank is untouched, but the D&O exclusion blocks defense costs. The board...

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