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Anderson Kill Forms Cyber Insurance Recovery Group

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SOURCE Anderson Kill

NEW YORK, Sept. 3, 2014 /PRNewswire/ -- Anderson Kill, a national law firm known primarily for its work in insurance recovery, has formed a Cyber Insurance Recovery Group 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.

Mr. Gold said, "As the scale and the frequency of data breaches continues to grow, we're moving to consolidate our efforts through a formal cyber insurance recovery group to help clients maximize recovery not only from specialized cyber insurance policies, but also from general liability, crime, D&O and professional liability policies that may provide coverage for losses stemming from such events."

The Cyber Insurance Recovery Group will pool resources from insurance recovery attorneys in Anderson Kill's New York, NY, Stamford, CT, Newark, NJ, Philadelphia, PA, Washington, D.C., Dallas, TX and Ventura, CA offices. These include David E. Wood, the group's deputy chair, managing shareholder of the firm's Ventura office; Steven J. Pudell, managing shareholder of the firm's Newark office; and Pamela D. Hans, managing shareholder of the Philadelphia office.

About Anderson Kill

A full-service law firm best known for its work in insurance recovery, Anderson Kill is based in New York and has offices in Ventura, CA, Philadelphia, PA, Stamford, CT, Washington, DC, Newark, NJ and Dallas, TX.

Contact:  Andrew Sprung/201-341-4872 andrew@sprungpr.com

Anderson Kill Cyber Insurance Recovery Group

Photo - http://photos.prnewswire.com/prnh/20140902/142157

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