Policy Schmolicy
Smart Cyber’s Financial Fraud, paragraph __, is the equivalent to CyberRisk's Funds Transfer Fraud.
What is Paragraph (a)?
He never sleeps — does he even blink? His brain moves faster than you can think. Two hundred browser tabs and not a glitch, Need a million bucks? He’ll flip the switch. His superpower? We’re still not sure… But he’s a fearless leader, that’s for sure!
Who is Bob Flowers?
Three States that require Department of Insurance notice language in a denial letter.
What are California, Illinois, New Hampshire, Nebraska, Rhode Island, Tennessee, Washington, and West Virginia?
The Claim Professional should attempt to refer the Insured to a breach coach within _______ days (preferably same day) from when the claim is assigned.
What is three days?
We aim to provide a claim experience that leaves our customers feeling these three things.
What are Secure, Respected, and Cared For?
Attached to a CyberRisk Wrap Policy, the Cross-Coverage Endorsement says this.
What is notice under one coverage is notice under all?
When losses grow and stakes are high, At half a mil, it's time — oh my! Before you raise reserves or make the call, This report must go to one and all. Your manager sends it — that’s the way, No shortcuts here, no hideaway. And don’t forget (you know the deal) — Check “File Reports” to keep QLL chill.
What is the Significant Indemnity Reserve - Heads Up Notice?
BCCLs are located on the Claim page of Compass and can viewed or searched in these three ways.
What are by Category, by Number, and by Title?
A coverage letter should be issued within 30 days of the ______________ date.
What is the Loss Notice Received Date?
Taking care of our customers, our communities, and each other.
What is The Travelers' Promise?
Under the CyberRisk Policy’s Income Loss Appraisal process, each party pays for its own appraiser, except when __________________.
What is covered as Accounting Costs?
We’ve got five units, but one’s a ghost, Let’s name four first, and then we’ll boast: Public Company Liability, big and bold, Private & Nonprofit, from small to controlled. Financial Institutions — protecting the vault, Specialty Cyber, keeping data tight, But one more unit is out of sight, Which one’s missing from the crew? Take a guess — we’re counting on you!
What is Professional Liability?
According to the Electronic File Cabinet Naming Convention Guidelines, documents in iManage should be relabeled using this “_________ and ____________” naming convention.
What is the “Date and Description” Naming Convention?
A Claim Professional must acknowledge a Proof of Loss as soon as possible, but no more than ___________________ days from the date it is received.
What is five business days?
Two of the four ingredients of Traveler’s culture.
What are: (1) collaboration, (2) long-term thinking, (3) putting "The Place" first, and (4) commitment to everyone else’s success?
Under both the Smart Cyber and CyberRisk subrogation provisions, amounts recovered from third parties are applied first to _________________.
What are Travelers’ recovery costs?
In the month of May, we take a moment to pause, To focus on something that often gets lost. It’s not about history, nor special pride on display, But about our well-being, in a special way. A reminder to talk, to listen, to care, In May, what is it that Travelers asks us to be aware?
What is Mental Health Awareness?
Before making a payment to an individual claimant, you must run a query for these liens.
What are Child Custody Liens?
For both first and third party claims, you must document any demand or offer made in the negotiation tab within 30 days or one month after ______________________.
What is the Demand or Offer?
Two of the three "E’s" of Bond & Specialty’s culture.
What are (1) Expertise, (2) Execution, and (3) Experiences?
This third party liability insuring agreement will only be found in the Smart Tech E&O policy.
What is the Technology and Professional Services Liability Insuring Agreement?
In 2007, a symbol was returned, A familiar icon, with history earned. It had once been held by a banking giant, But soon found its way back to a brand more reliant. This symbol had long been tied to insurance fame, Once lost in a merger, now back with the same name. What logo, so famous, was purchased once more, To stand strong for the company it’s known for?
What is the red umbrella?
The abbreviation, BCCL, stands for this.
What are Bond Claim Circular Letters?
For breach response and extortion matters, the General Loss Info data fields must be entered before ____________________________ or before the file is closed.
What is an Indemnity Reserve is set on the file?
Five of the ten diversity networks at Travelers.
What are: (1) Asian & Allies, (2) Black and African American & Allies, (3) Disability & Allies, (4) Hispanic/Latino & Allies, (5) Indigenous & Allies, (6) Military/Veterans & Allies, (7) Pride & Allies, (8) Women & Allies, (9), Working Parents/Caregivers & Allies, (10) Young Professionals & Allies?