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<div class="moz-cite-prefix">Hi,<br>
<br>
please consider one more version:<br>
<br>
8.4.Insurance<br>
<br>
Effective _______, each CA SHALL continuously maintain the
following insurance related to its own performance and obligations
under these Guidelines, that MUST be kept in place for all periods
of validity of any EV Certificate issued by the CA:<br>
<br>
(A) a valid insurance covering damages to systems, data, or
software and for business interruptions due to natural disaster,
fire, IT security failure, malware, cyber attack / criminal
hacker, or theft, in the amount sufficient to ensure business
continuity at least in terms of fully functional, globally
accessible certificate Revocation management service* and
certificate Revocation status service**; and<br>
<br>
(B) a valid Technology Errors and Omissions insurance, according
to policy limits defined by the CA's jurisdiction of
incorporation, if any, at least in the amount sufficient to cover
CA's publicly disclosed financial warranties to EV Certificate
Beneficiaries and/or Relying parties arising out of its negligent
act, error, or omission in the performance of technology services
under these Guidelines. Territory of coverage shall be global,
except for countries sanctioned by the United States or the
European Union.<br>
<br>
A CA MAY self-insure for liabilities that arise from such party's
performance and obligations under these Guidelines provided that
it has at least five hundred million US dollars in liquid assets
based on audited financial statements in the past twelve months,
and a quick ratio (ratio of liquid assets to current liabilities)
of not less than 1.0. <br>
<br>
N.B. these definitions are from ETSI 102 042, section 4.2:<br>
<br>
* Revocation management service:<br>
processes requests and reports relating to revocation to determine
the necessary action to be taken. The results of this service are
distributed through the revocation status service.<br>
<br>
** Revocation status service:<br>
provides certificate revocation status information to relying
parties. This service may be a real-time service or may be based
on revocation status information which is updated at regular
intervals.<br>
<br>
Thanks,<br>
M.D.<br>
<br>
On 7/9/2014 3:04 PM, Arno Fiedler wrote:<br>
</div>
<blockquote cite="mid:53BD2FDE.3090204@nimbus-berlin.com"
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<div class="moz-cite-prefix">Hello,<br>
it sounds very US-centric and very detailed, "<i>MUST be with a
company rated no less than A- as to Policy Holder’s Rating in
the current edition of Best’s Insurance Guide"</i> seems to be
not applicable for "Rest of World." <br>
Best regards<br>
arno<br>
<br>
<br>
Am 08.07.2014 17:04, schrieb Ben Wilson:<br>
</div>
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<div class="WordSection1">
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">All,<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">Based
on feedback received so far from several international
cyber insurance experts, here is a current iteration for
revisions to Section 8.4 of the EV Guidelines (redlined
PDF attached). <o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">This
is only for the EV Guidelines and would apply to CAs
desiring to issue Extended Validation Certificates. <o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">This
wording may be further refined based upon your input to
Jeremy’s question and as any other information from
insurance experts comes in. <o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">Please
check with your insurance brokers to confirm that you
either already have these coverages or that these can be
obtained by your company at reasonable cost.<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">Thanks,<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D">Ben<o:p></o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<h2><span
style="font-size:12.0pt;line-height:115%;font-family:"Times
New Roman","serif";color:windowtext">8.4.Insurance
<o:p></o:p></span></h2>
<p>Effective _______, each CA SHALL continuously <span
style="color:black">maintain the following insurance
related to its performance and obligations under these
Guidelines:</span><o:p></o:p></p>
<p style="margin-left:.5in;text-indent:-27.35pt">(A) <span
style="color:black">insurance covering damages to systems,
data, or software and for business interruptions due to
natural disaster, fire, IT security failure, malware,
cyber attack / criminal hacker, or theft, in the amount of
</span>at least two million US dollars ($2 million) in
coverage; and<span style="color:black"> </span><o:p></o:p></p>
<p style="margin-left:.5in;text-indent:-27.35pt">(B)
Technology Errors and Omissions insurance, with policy
limits of at least five million US dollars ($5,000,000 per
claim and in the aggregate) covering financial damages to
third parties arising out of a negligent act, error, or
omission in the performance of technology services under
these Guidelines with coverage to be kept in place for all
periods during which an EV Certificate issued by the CA is
still valid. If coverage is non-renewed or canceled, the CA
shall purchase extended reporting period coverage for at
least a two-year period. Territory of coverage shall be
global, except for countries sanctioned by the United States
or the European Union. <o:p></o:p></p>
<p>Such insurance <span style="text-transform:uppercase">must</span>
not exclude coverage when providing public key
infrastructure services and MUST be with a company rated no
less than A- as to Policy Holder’s Rating in the current
edition of Best’s Insurance Guide (or with an association of
companies each of the members of which are so rated). <o:p></o:p></p>
<p><span style="color:black">A CA MAY self-insure for
liabilities that arise from such party's</span>
performance and obligations under these Guidelines<span
style="color:black"> provided that it has at least five
hundred million US dollars in liquid assets based on
audited financial statements in the past twelve months,
and a quick ratio (ratio of liquid assets to current
liabilities) of not less than 1.0. </span><o:p></o:p></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span
style="font-size:11.0pt;line-height:115%;font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span><br>
</p>
</div>
</blockquote>
<br>
<pre class="moz-signature" cols="72">--
Arno Fiedler
Nimbus Technologieberatung GmbH
Reichensteiner Weg 17
14195 Berlin
Mobil: 0049-(0)172-3053272
Fax: 0049-(0)30-89745-777
E-Mail: <a moz-do-not-send="true" class="moz-txt-link-abbreviated" href="mailto:arno.fiedler@nimbus-berlin.com">arno.fiedler@nimbus-berlin.com</a>
Web: <a moz-do-not-send="true" class="moz-txt-link-abbreviated" href="http://www.nimbus-berlin.com">www.nimbus-berlin.com</a>
Geschäftsführer: Arno Fiedler
USt-IdNr. : DE 203 269 920
D-U-N-S® Nr. 50-730-8117
HandelsregisterNr:HRB 109409 B</pre>
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