{"id":4285,"date":"2026-04-22T08:50:26","date_gmt":"2026-04-22T08:50:26","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/2026-new-york-insurance-academy-key-takeaways-haynes-boone\/"},"modified":"2026-04-22T08:50:26","modified_gmt":"2026-04-22T08:50:26","slug":"2026-new-york-insurance-academy-key-takeaways-haynes-boone","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/2026-new-york-insurance-academy-key-takeaways-haynes-boone\/","title":{"rendered":"2026 New York Insurance Academy Key Takeaways | Haynes Boone"},"content":{"rendered":"
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Thank you to everyone who attended our second annual New York Insurance Academy on April 16. For more details about this event, click here<\/strong><\/u>.\u00a0<\/p>\n

Below, you will find a recap and key takeaways.\u00a0<\/p>\n

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  1. Digital assets and blockchain are here to stay, and insurance carriers are eager to provide coverage to these emerging industries. Alongside adoption, however, the frequency of the theft of digital assets is increasing. Policyholders would benefit from speaking to their brokers about the considerations that inform underwriting decisions, from how assets are stored to security protocols used by holders.<\/li>\n
  2. To protect their digital assets from theft, policyholders should work with their brokers and their insurers to ensure that exposures and controls are understood.\u00a0<\/li>\n
  3. The regulatory environment for digital assets is not yet robust. Even so, digital asset companies that take steps now to act in accordance with future regulations are likely to find the most favorable underwriting environment.\u00a0<\/li>\n
  4. While blockchain adoption is relatively new, the risks of hacking have largely remained the same. The majority of cryptocurrency related hacks occur through the sorts of social engineering and phishing schemes. Policyholders are encouraged to develop, implement and, most importantly, follow security protocols to protect their digital assets.<\/li>\n
  5. In the instance of disaster, it is best to be prepared. To better assist forensic experts with updated tracking technology, the more information gathered immediately about the security breach, the better. For a business interruption stemming from a cyberattack, the best practice is to have estimates of business value calculated and ready before the interruption occurs.<\/li>\n
  6. Elsewhere, regulators like the New York State Department of Financial Services (NYDFS) Insurance Department are preparing for the already-present future in which underwriters rely upon AI in their decision-making processes and assessing how best to regulate the use these exciting new technologies.<\/li>\n<\/ol>\n

    [View source.]<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Thank you to everyone who attended our second annual New York Insurance Academy on April 16. For more details about this event, click here.\u00a0 Below, you will find a recap and key takeaways.\u00a0 Digital assets and blockchain are here to stay, and insurance carriers are eager to provide coverage to these emerging industries. Alongside adoption, […]<\/p>\n","protected":false},"author":1,"featured_media":4286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2646,2320,2319,11,1635,2479,1362],"class_list":["post-4285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-academy","tag-boone","tag-haynes","tag-insurance","tag-key","tag-takeaways","tag-york"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/4285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=4285"}],"version-history":[{"count":0,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/4285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/4286"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=4285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=4285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=4285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}