Mike Arnold Insurance Agency’s Post

Fines and penalties that we are now seeing from regulatory investigations and the states are starting to have an effect on cyber insurance policies. Read and listen 👉 Link in comment #CyberThreats #CyberInsurance #HIPAA #InfoSec

Did you know that four out of five people are unaware of common motor insurance scams? 🤔 Stay Informed: Fraudsters often use tactics such as "ghost broking" – where fake insurance policies are sold to unsuspecting customers. Don't fall victim! Protect Yourself: ▪️ Verify the broker's credentials: Always check if the broker is registered with the Financial Conduct Authority (FCA). ▪️ Be cautious of low prices: If it sounds too good to be true, it probably is! ▪️ Report suspicious activities: Contact Action Fraud on 0300 123 2040 or at actionfraud.police.uk, or report to the Insurance Fraud Bureau via its confidential Cheatline on 0800 422 0421 or at insurancefraudbureau.org. Additional Tips: ▪️ Be aware of "ad spoofing," where fake adverts trick you into thinking you're dealing with your insurer. ▪️ Understand different types of online insurance fraud such as investment fraud, data farming, and account takeovers. ▪️ For more tips and information, visit the Association of British Insurers at abi.org.uk. Stay safe and insured with Greenlands Insurance Services. 🌿 #Insurance #MotorInsurance #ScamAlert #StaySafe #GreenlandsInsurance

The Value of Cyber Insurance

Protecting yourself against fraud that has insurance implications, such as staged collision, body shop and towing scams or a cyber attack, doesn't only protect you it protects everyone. The right insurance protection for you. #fraudprevention #fpm2024 #insurance #lossprevention

Many organizations with #cyberliability insurance policies are turning in claims for business interruption coverage due to the #CrowdStrike incident. Most cyber insurance policies should respond even though it was not a cyber attack. #insurance #businessincome

Watch Vishal Sikand , Joint President - Commercial Lines, HDFC ERGO General Insurance, on ET Now Swadesh as he shares key insights on Cyber Insurance, its necessity and benefits in the age of social media, and how it can protect you from cyber crime. This informative session sheds light on one of the most crucial types of insurance today. Don’t miss out on this valuable piece. https://lnkd.in/dg49Fy-5 #HDFCERGO #ETNowSwadesh #ImportanceOfInsurance #CyberInsurance

Simple Steps to File a Cyber Insurance Claim and Recover from a Cyber Attack"

Understanding insurance tails: Discover extended reporting periods in D&O, E&O, and cyber liability policies. Protect against post-cancellation claims from past incidents. Don't risk inadequate coverage—learn about insurance tails.  #InsuranceTails #ExtendedReporting #ClaimsMadePolicies #RiskManagement #TheCoyleGroup

China has new cyber insurance guidelines