Online Event - Cyber Insurance

The Insurance Institute of Cardiff invite you to a webinar on Cyber Insurance

Event Details:

Wednesday 15^th May 2024 – 12:00 – 13:00

The webinar will be run via Zoom, a global web-conferencing solution. Zoom is easy to use, a link and joining instructions will be sent to you at the time of booking.

About the session:

Cyber risk is a growing issue for all businesses, so brokers and insurers need to understand the risks and insurance cover available. No two cyber policies are the same so this can be a complex area for insurers, brokers, and their clients to understand the cover offered. This session reviews the cyber risk insurance solutions available in this rapidly changing class.

Content & Learning:

• Understand the cyber risks covered in an SME cyber policy.
• Be aware of key cyber insurance market developments and their practical implications for brokers and insurers.
• Be aware of cyber market innovations and their potential use for clients.

Learning Objectives:

• Coverage found in a typical cyber policy – data breach, BI, cyber liability, cybercrime, issues of retro dates, social engineering limitations, industrial control systems, definition of BI indemnity periods and limit calculation.
• Market developments - hardening of rates, additional security and protection requirement, ransom payment issues., concern about group actions, implications of Lloyd v Google Supreme Court action
• Market innovation - parametric, stand-alone breach support, wrap policies, industry specific policies

About the speaker:

Diane has huge experience working with major Brokers across a range of roles and disciplines, to include:

• Placement
• Programme design
• Training
• New business
• Client Servicing
• Mergers and Acquisitions (M&A) due diligence

Diane is now one of the most highly respected technical insurance trainers to the insurance market.
Diane’s strength is in practical application of knowledge with specific specialisms including Business Interruption, Cyber and Property Owners.

She is the Education Secretary and former chairperson of the London Business Interruption Association. She was part of the IIL Advance Study Group -
Business Interruption Policy Wordings and has collaborated with the authors of several Business Interruption textbooks.

She is a member of the Cyber Insurance Association, and she carries out the insurance cyber policy reviews for Cyber|Decider https://www.cyberdecider.com/)

Diane’s work includes delivery as an Associate for Nick Thomas & Associates.

Further information:

A link will be sent via your email address supplied at the time of booking. PLEASE DO NOT share this with anyone else.

Please note that this webinar will be hosted on the Zoom platform which may be restricted by some employers. Members may need to utilise their own personal devices in these circumstances to access the platform.