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24 November 2017

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GDPR brings huge ‘silent data risk’ for liability insurers

Catrin Shi 14 November 2017

Liability insurers are facing a huge increase in potentially silent exposures as a result of the increased litigation and compensation claims expected following implementation of the EU General Data Protection Regulation (GDPR).

A DAC Beachcroft report that polled lawyers across the EU found that 80 percent of respondents expected the GDPR to increase litigation and compensation claims - which are typically insurable under liability policies.

"Litigation can really cost insurers and this increasing exposure is potentially a sleeping giant,"...


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This article was published as part of issue November 2017/2

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