Cyber insurance claims: What companies need to know
CRA provides insurance claims consulting to insurers and insureds, including preparing and assessing insurance claims resulting from cyber-related disruptions. We have worked on hundreds of cyber-related claims, and are not only skilled in quantifying damages – such as business interruption losses and extra expenses – and assessing liability and causation, but also well situated to assist in the assessment of technology-related expenses in accordance with the varying insuring agreements under the applicable policies. Our team works collaboratively with company management, the insurer, the insurance brokers, and legal counsel to effectively deliver our services while reaching fair and equitable settlements. If settlements are not reached, our practitioners are experienced expert witnesses in litigation proceedings.