Goodman-Gable-Gould Featured in Bisnow on Cyber Insurance and the Role of Public Adjusters
Goodman-Gable-Gould/Adjusters International was recently featured in Bisnow in an article exploring the increasing prevalence of cybercrime and its impact on businesses worldwide.
As highlighted in the article, cyberattacks—from ransomware incidents to data breaches—are affecting companies of all sizes, often resulting in significant operational disruption, data recovery costs, and business income loss. While many policyholders may carry cyber insurance or related coverages, navigating these claims can be complex due to unique policy structures, vendor requirements, and documentation standards.
Harvey Goodman, President and CEO of Goodman-Gable-Gould/Adjusters International, discussed how cyber policies differ from traditional property insurance, often combining both first-party and third-party coverages. These policies may require insurer involvement in vendor selection and expense approval, making early coordination and careful claim preparation critical to maximizing recovery.
The article also emphasizes the role of experienced public adjusters in guiding policyholders through the claims process—ensuring compliance with policy requirements, assisting in loss measurement, and advocating for full and fair compensation.
In one example cited, Goodman-Gable-Gould/AI assisted a national distributor that suffered a cyberattack which shut down its operations, resulting in an eight-figure loss. Through coordinated claim preparation and negotiation, the loss was resolved in under eight months.
As cyber risks continue to evolve, Goodman-Gable-Gould/AI remains focused on helping businesses mitigate losses and secure the insurance benefits to which they are entitled.
Read the full article on Bisnow:
https://www.bisnow.com/washington-dc/news/commercial-real-estate/cyber-insurance-insurance-adjusters-goodman-gable-gold-studiob-115661