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Downstream Data Coverage Gaining Relevance

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According to i-SIGMA CEO Bob Johnson, interest in Downstream Data Coverage is on the rise.

“Over the years, interest in professional liability coverage has come in waves,” said Johnson. “I am not sure what’s led to the current increase, but it’s clear to see something’s going on.”

NAID created Downstream Data Coverage – a professional liability coverage specifically designed for data-related services – when it found that other coverage did not appropriately address service provider risks.

“When the big insurance companies created data protection and breach notification coverage, they ignored the fact the service providers need a different product,” said Johnson. “Every service provider should at least know what the issues are.”

Those interested in learning more about Downstream Data Coverage can contact Johnson directly at rjohnson@isigmaonline.org.

Watch the video showing customers why professional liability is important.