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What do you see as the most challenging insurance coverage issue today?

Euclid Specialty Managers' Christopher Ziemba and three other insurance industry leaders respond to this month's question.

November 23, 2015 Photo

“The most challenging coverage issue today involves exposure to cyberattacks and the increasing availability of cyber liability insurance. We will see rapid changes to cyber policies in the next few years to keep pace with this increasing and evolving threat.”

1. CHRISTOPHER ZIEMBA, Chief Claims Officer, Euclid Specialty Managers.

CLM Fellow since 2014.

“The biggest challenge previously was preparing for risks whose occurrences were unpredictable. Now the challenge is preparing for risks whose existence are unknown or unimaginable. Was the insurance industry ready for Uber? Drones? Bitcoin? What’s next, and are we ready?”

2. PATRICIA J. TROMBETTA, Shareholder, Smith Rolfes & Skavdahl.
CLM Member since 2012. 


“I am seeing more late notice/cooperation issues with insureds and the continued evolution of whether prejudice must be established by the insurer, and if so, what is the insurer’s burden to establish prejudice either as a matter of law or through evidence.”

3. HARRISON YOSS, Partner, Thompson Coe Cousins & Irons LLP.

CLM Member since 2008. 

“Construction defect cases typically pose the most
challenging insurance coverage issues. They often involve complexities related to third party property damage and additional insured claims.”

4. THOMAS QUINN, Partner, Wilson Elser Moskowitz Edelman & Dicker LLP.

CLM Member since 2011.



The economic impact of an extreme cyberattack scenario in which hackers shut down power in the U.S.    

Source: Lloyd’s


Amount stolen by hackers from Tokyo-based bitcoin exchange Mt. Gox.   

Source: Forbes


Number of new malware threats per day.    

Source: Symantec



Percent of drone sales increase in the last two years.

Source: Kleiner Perkins Caufield & Byers


Number of active Uber drivers at the end of 2014.
Source: Uber



Number of countries in which Uber is available.
Source: Uber



About The Authors
Bevrlee J. Lips

Bevrlee J. Lips was managing editor of Claims Management magazine (now CLM Magazine) from January 2012 until March 2017.  blips@claimsadvisor.com

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