Cyber Scams: What’s in Store for 2019

By: Patti Maluchnik, CIC, CBIA Georgetown Insurance Service, Inc. Frederick, MD The unfortunate reality is that as technology continues to evolve, so do hackers. Today, cybercrimes are more sophisticated than ever. But with so many scams out there, how can companies stay on top of these potential threats? Here are several cyber scams to keep … Continue reading Cyber Scams: What’s in Store for 2019

Cyber Risk Management Practices

By Remmie Butchko , CIC Georgetown Insurance Service, Inc. Silver Spring, MD As I wrap up my 5-part series on cyber risk and awareness I wanted to conclude by covering one of the most important issues we all face in business and in our personal lives, which is managing the risks associated with E-Commerce. E-Commerce … Continue reading Cyber Risk Management Practices

Insurance Trends to Look for in 2018

2017 has proven itself to be anything but predictable, and has certainly kept the insurance industry on its toes. As the year comes to an end and 2018 begins, we can’t help but wonder what the next twelve months may hold. While we can’t predict the future, here are five trends to keep an eye … Continue reading Insurance Trends to Look for in 2018

Cyber Crime – How to Protect Yourself

By Remmie Butchko , CIC Georgetown Insurance Service, Inc. Silver Spring, MD We have all experienced the many ways technology has changed how we go about our daily lives. For the most part, technological advances have resulted in positive outcomes. Unfortunately, technological advances have also changed the way criminals steal, as well. Historically, Crime Insurance … Continue reading Cyber Crime – How to Protect Yourself

Cyber Liability – Failure to Protect Information

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD My last post discussed potential issues with General Liability (GL) insurance as it relates to damaging or destroying electronic media, information, or data that is owned by others.  Because GL policies intend to cover “Property Damage,” and electronic data is no longer considered to … Continue reading Cyber Liability – Failure to Protect Information

Cyber Liability – What is Tangible Property?

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD Virtually every business owner purchases General Liability insurance at some point.  This can also be referred to as GL (General Liability), BOP (Business owner Policy), or CGL (Commercial General Liability) insurance.  For the purposes of this discussion, it will be referred to as “GL.” … Continue reading Cyber Liability – What is Tangible Property?

What is “Cyber Insurance?”

By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD   Technology has changed our lives in unfathomable ways over recent years.  When I started in the insurance business, we had floppy discs (literally) and documents printed on carbon paper with a dot matrix printer.  My first “cell phone” was in a bag so … Continue reading What is “Cyber Insurance?”