CD 50 Data Exclusion Clause
Following an approach from a market participant in late 2016, the AICG is assessing the treatment of cyber risks, particularly in relation to damage to tangible property and/or bodily injury. This work is ongoing, but on 29 September the AICG issued Consultation Draft 50 (CD 50), a draft clause, issued for market consultation, that deals with data.
A copy of the covering letter, and the consultation draft can be accessed below. The Deadline for comments or submissions on this draft has now passed, submissions were made by the LCSG, and certain members. Any updates will be published here.