Cyber Insurance

Our firm is among the leading and most experienced law firms in Israel in providing complex legal counsel in the cyber insurance domain. The attorneys’ broad experience and expertise in various insurance risks and coverage, alongside their extensive knowledge in data and privacy protection laws and regulation, positions  the firm as a market leader in providing comprehensive legal services for companies from various industries.

Purchasing cyber insurance, aimed at minimizing a company’s financial exposure to cyber-attacks, is a complex process which requires professional counsel regarding a broad array of aspects, including regulatory aspects, legal aspects, third party liability, data protection and more. Our attorneys provide ongoing counsel to clients from the initial stage of filling the questionnaires that serve as an underwriting basis for the insurance companies, to negotiating the scope and terms of the policy, tailoring it to the specific needs of the client. In addition, our legal teams advise clients upon an insured event occurrence and throughout insurance claims vis-à-vis the insurance company and other third parties.

The comprehensive knowledge accumulated by our attorneys in the data and privacy protection field, with regard to both local law and the implications of the GDPR upon companies operating in Europe and globally, alongside the legal team’s work relations with local and international insurance companies and brokers, impart our firm with a distinct advantage in providing legal – strategic counsel to our clients.

"Acts for national and international insurance companies on incorporation in Israel, drafting insurance plans, implementing risk management strategies, advising on tender bids and in administrative proceedings and high-value class actions."

The Legal 500 | 2020

"The insurance department at Goldfarb Seligman & Co. is highly professional and always delivers on time."

The Legal 500 | 2018