NetDiligence has brought an action against A.J. Gallagher & Co., which charges its infectious disease coverage, was not renewed due to actions by an inexperienced broker and Gallagher's ineffective procedures.
Bryn Mawr, Pennsylvania-based Network Standards Corp., a company for cyber risk assessment and data intrusion services. operating NetDiligence, holds annual cyber-risk meetings in Philadelphia; Santa Monica, California; Toronto; London; and Bermuda, where it markets its products, according to the complaint filed in the U.S. District Court in New York Network Standards Corp. d / b / a / NetDiligence v. Arthur J. Gallagher & Co. and Jacklyn J. Hucke. did not learn about supervision until March.
NetDiligence, which has suspended its London event scheduled for December, failed to resolve the Gallagher issue, and its insurer, Lloyd & # 39 ;s of London, has denied coverage, according to
The complaint states " AJG created confusion for its broker and for its client NetDiligence by ignoring the need to document proper pricing, by using various confusing forms to bind cover age and by not following up with the client when clearly asked to do so “by its Executive Directorate-General.
"It contradicts the logic that an inexperienced broker would unilaterally discontinue infectious disease coverage without having any discussion with a long-term customer like NetDiligence about why a previous AJG-recommended coverage was discontinued, all while NetDiligence increased revenue for each event and, as a result, , increased its total premium. ”And negligent supervision.
A Gallagher spokeswoman had no comment. Catalog