Insurers often fail to prepare tailored cover documentation and conduct their own due diligence on the transaction

The frequency and scale of cyber attacks is increasing and governments around the world are responding accordingly, making it critical insurers stay abreast of the changing regulatory developments

Court comes down on side of insured

Market awareness and use of transaction liability, or what is more commonly known in Australia as warranty and indemnity (W&I) insurance, has increased steadily during the past decade in Australia.