PBI Group and Victor O. Schinnerer: Chubb Cyber Webinar Recording

If you missed or would like to watch/listen again here is the webinar recording with the presentation slides.

Link to Presentation

* Every coverage situation is different, and the final outcome depends on the unique facts, law and insurance policy involved. The E&O policy contains reductions, limitations, exclusions and termination provisions that impact coverage for a specific event. Full details of the coverage are contained in the policy

Fraudulent Closing Instructions scam quadrupled in 2017

At PBI Group we have seen this trend continue over the past 3-years and apparently, it has reached new heights. The average claim of lost client funds is $352,000 according to this recent report.  This is why we recommend that every real estate agency has a cyber liability policy. 

Here is the original post from Beazley Breach Response Services.