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Stacey's practice focuses on providing advice and representation to professional liability insurance carriers with respect to coverage issues, ultimate exposure and underwriting strategy. She advises clients on matters involving complex insurance policies for directors and officers (D&O) and other professionals, including those in quickly growing areas of technology, telecommunications and media. She frequently represents directors and officers and other professional liability carriers at private and court-ordered mediations. Stacey also has defended professionals, including attorneys, against allegations of malpractice, and has represented nonprofits in litigation and in other contexts.

Sophisticated cyber crimes have been of great interest in the insurance world for the past decade, but relatively low-tech schemes are also a risk to policyholders and to insurers. Tricking an employee to transfer funds to an unauthorized account is a scam that existed prior to wide-spread use of email and the Internet. For example, the fraudster calls the bank employee, pretending to be his supervisor, authorizing a payment to be made ASAP, or a seller provides “updated” information for a wire transfer at a real estate closing, and the title company sends the funds to the wrong account. More recently, perpetrators of these types of social engineering tricks have made use of email to deliver fake payment instructions, and have infiltrated company or employee accounts to obtain necessary credentials or to create the impression of authority. Depending on the facts of a claim and the terms of specific insurance contracts, policyholders who are the victims of such scams may seek coverage under cyber liability policies or under traditional lines such as crime / fidelity and general liability.
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