to help clients maximize insurance coverage for losses stemming from data breaches and other technology-related losses and liabilities.
The Cyber Insurance Recovery Group (http://bit.ly/1lwWxGW) will be chaired by Joshua Gold (http://bit.ly/1pm06e9), a shareholder in Anderson Kill's New York office who has helped to recover more than $1.5 billion for corporate policyholders in insurance coverage disputes. Mr. Gold has represented clients in diverse industries pursuing insurance claims for cyber-related losses and has published widely in insurance and legal journals on cyber insurance coverage issues. He will chair a session on cyber risk in Anderson Kill's annual Policyholder Advisor Conference (http://bit.ly/1qm2GGr) in New York City on October 23.
Mr. Gold's victories include a multi-million dollar recovery in a landmark U.S. Court of Appeals decision on behalf of a retailer that suffered a data breach as a result of a computer hack. Rejecting the insurance company's "direct loss" defense, commonly cited in such cases, the court applied a proximate cause standard -- a valuable precedent for businesses purchasing fidelity, crime and financial institution bond coverage.
Anderson Kill's insurance recovery practice has successfully represented retailers, financial services companies, professional services and engineering firms, entertainment companies, telecommunications companies, and technology manufacturers seeking insurance recovery for losses stemming from alleged data breaches, hacker-induced file corruption, data privacy violations, and software and hardware malfunctions.