Cyber insurance was thought to be only for companies in the technology business. But most companies now use some form of technology as part of their business. Use credit cards in your business and store the credit card data? Run a website that allows customers to order your products from that website? Have data that could subject you to a ransomware attack? Then you may need cyber insurance. This episode will explore what cyber insurance does, who may need it, and how it is a unique form of insurance coverage.
Featuring: Sam Garro, Senior Vice President of the Compliance Department at Philadelphia Insurance Companies
Sam Garro is currently Senior Vice President of the Compliance Department at Philadelphia Insurance Companies. He received his BA degree with honors from Rutgers University and his law degree from Temple University’s (James E. Beasley) School of Law. He is currently licensed to practice law in New Jersey and Pennsylvania. He holds the CPCU and ACP designations.
Sam has experience in many capacities in Compliance and Product Development with increasing
responsibilities in management of those areas. He has managed compliance and product development units in both Life and Health and Property and Casualty.
Sam is active in continuing education and has presented numerous continuing education seminars for the Insurance Society of Philadelphia (ISOP) and the Institute of Strategic Educational Partners. He has twice been awarded the Outstanding Educator Award by ISOP and was a recipient of ISOP’s Mariellen Whelan Excellence in Education Award.
Sam is active with the Association of Insurance Compliance Professionals serving as Mid-Atlantic Chapter President and has coordinated, moderated and spoken at various sessions at both the local and national conferences.