X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Sony Pictures Studios in Culver City, Calif.

Sony Pictures Entertainment holds $60 million in Cyber insurance with Marsh, according to documents leaked by the group claiming responsibility for the attack on the movie studio.

The documents, covered in detail by Steve Ragan at CSO, say that after sonypictures.com was breached in 2011, Sony made a claim of $1.6 million with Hiscox, its Cyber provider at the time. The insurer declined to quote at renewal, so Sony Pictures turned to Lockton, which brokered a $20 million policy that included $10 million in self-insured retention.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.