[cabfpub] Draft Ballot to Reduce Insurance Requirements in Section 8.4 of EV Guidelines

[Chema López González]

I utterly agree with the new wording and requirements.

-- 
*Chema López*
*Gestor de Proyectos - Departamento Técnico*
*AC Firmaprofesional, S.A.*

Edificio ESADECREAPOLIS - 1B13
08173 Sant Cugat del Vallès, Barcelona.
T.  934 774 245
M. 666 429 224


On Thu, Jul 17, 2014 at 9:36 PM, Ben Wilson <ben at digicert.com> wrote:

> Here is a draft ballot that would reduce and simplify the insurance
> requirements in section 8.4 of the EV Guidelines.  It would:
>
>
>
> 1-     eliminate the $2 million commercial general liability insurance
> requirement and replace it with ordinary casualty insurance (in whatever
> amount would be sufficient to repair CA systems);
>
>
>
> 2-     replace third party coverage of $5 million US (nearly €3.7
> million) with a €2 million amount (a 46% reduction);
>
>
>
> 3-     eliminate certain types of third party insurance that might be
> hard to obtain in various jurisdictions, such as professional liability,
> contractual liability, technology E&O, IP infringement, invasion of
> privacy, and advertising injury;
>
>
>
> 4-     increase the number of potential insurers that CAs can use (any
> rated "good" by any well-recognized insurance rating service);
>
>
>
> 5-     clarify that insurance must be global and cover the lifetimes of
> EV certificates issued; and
>
>
>
> 6-     only recommend that a CA obtain additional insurance for damage to
> data or systems due to IT security failure, if such is available to the CA
> at reasonable cost.
>
>
>
> I'm looking for additional comments and endorsers, and then I will add
> this to next week's agenda.
>
>
>
> Thanks,
>
>
>
> Ben
>
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