International Privacy Governance

International privacy governance has been unsettled since last fall’s decision by a European Court invalidated the US-EU Safe Harbor program governing trans-Atlantic data transfers. The interim measure is a “Privacy Shield” program. If you have international exposures, being informed of this shifting international regulatory environment is important.

OneBeacon Technology Insurance is pleased to present a whitepaper authored by cybersecurity attorneys from Troutman Sanders LLC titled “US-EU Privacy Shield Program.” The report explains the program and its requirements, as well as the elements of the December 2015 decision to adopt the General Data Protection Regulation, which takes effect in 2018.

privacyshield

OneBeacon Tech Speaking at NetDiligence Cyber Forum

The NetDiligence Cyber Risk & Privacy Liability Forum kicked off its two-day gathering in Philadelphia this morning. This event features a broad variety of sessions and speakers addressing cyber matters from an insurance coverage, claims and litigation perspective.

OneBeacon’s David Molitano will participate in a panel discussion later today titled the Security of Payments. The group will discuss mobile payment schemes such as ApplePay and GooglePay, eCommerce shopping carts and more, relative to the risk evaluation process faced by today’s insurance underwriters.

Dave joins cyber specialists from Hyperwallet, CrowdStrike and Optiv for what should be a lively and interesting session. #NetCyberCon

OneBeacon’s Luca at the E&O ExecuSummit

OneBeacon Financial Institutions’ Chris Luca is excited to be a part of the 10th Annual Errors & Omissions (E&O) Liability Insurance ExecuSummit this week in Uncasville, CT.  Chris is sitting on a panel titled, “Are Stock Brokers Fiduciaries? Depends on who you speak with – The Department of Labor Fiduciary Rule.” The panel will examine stock brokers and their duties to their clients, as implementation of the rule requiring advisors to put their clients’ interest above their own financial gain when offering advice cascades to those in the financial planning sector.

This ExecuSummit is an educational event specifically designed for errors & omissions insurance professionals. It offers thought-provoking sessions presented by industry-leading experts who provide E&O insurance underwriting and claims intelligence.