Maritime Cyber Risk Insurance: Emerging Issues and Solutions

Amini, Mansour; Aghasi Javid, Maryam

doi:10.48308/eclr.2025.237825.1111

Maritime Cyber Risk Insurance: Emerging Issues and Solutions

Document Type : Original Article

Authors

Mansour Amini ¹ ^¶

Maryam Aghasi Javid ²

¹ Associate Professor, Faculty of Law, Shahid Beheshti University, Tehran, Iran

² (PhD Candidate, Faculty of Law, Shahid Beheshti University, Tehran, Iran. Corresponding Author Email: m_aghasijavid@sbu.ac.irr

https://doi.org/10.48308/eclr.2025.237825.1111

Abstract

Expanding the use of new technologies in the field of maritime transportation and the inevitable interconnection of different sectors has turned cyber risks into one of the serious threats in this domain. Therefore, covering these risks by insurance is assumed necessary. However, since different dimensions of this type of risk are not very clear to insurers; they are hesitant to provide insurance coverage for this type of risk and even try to exclude these risks from common marine insurance by including specific conditions. This ambiguous situation also affects the rights and decisions of insureds. Therefore, it is necessary to become familiar with the concept of marine cyberattacks and damages that are usually covered, the legal status of typical marine insurance covering this kind of the risks, and the legal tools for determining and managing these risks in case they are covered so that the insurer and the insured can more confidently enter into a contractual relationship by learning more about their rights and obligations. Consequently, this article has tried to provide a good basis for covering these risks by providing legal certainty through a new analysis of existing marine insurance legal institutions and the way that these institutions are used, with a descriptive and analytical approach, while providing a comprehension of concepts related to marine cyberattacks and examining the scope of common maritime insurance coverage on cyber risks.

Keywords

Increase of Risk

Silent Insurance Coverage

Duty of Disclosure

Exclusion Clause

Marine Cyber Risk

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