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As E-Commerce Expands, So Do Insurable ExposuresCommercial lines insurers have paid considerable attention to the rapid growth of “dot-coms,” and the attendant risks inherent in electronic transactions, which often are referred to as e-commerce exposures. Indeed, many carriers now offer separate e-commerce policies to provide specific coverage for risks unique to electronic transactions and the computer environment.

“MarketStance” estimates that e-commerce sales by dot-coms and other “non-store retailers” such as Amazon.com reached $25 billion last year. Last years estimated 18 percent rate of growth is especially impressive given that total retail sales grew only 3 percent during that period, reflecting the U.S. economys recent recession.

The largest segment of electronic shopping is computer hardware when you rank by type of merchandise. U.S. Census Bureau data indicate that more than $6 billion in computers, parts and supplies were ordered in 2000. Indeed, the computer industry accounted for almost 30 percent of total electronic shopping last year.

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