Cyber Risk

Industry Expert: Aaron Yates, CEO, Berea Associates

Where: The Bradford Club, BD1 1PJ

When: Thursday 6 October 2016

Time: Refreshments 12:00 for 12.30 start (1:30 finish)

Who should attend?

All employees in all roles within insurers, brokers, risk managers & loss adjusters will benefit from attending.

Why you should attend

"Cyber" is an increasing concern. A variety of bottlenecks are constricting market growth. Brokers are struggling to engage clients on the risk and contend with resultant PI & E&O exposures. Insurers are creating wildly differing products under the same title of cyber, and contending with aggregation issues. The net result is insured's are confused by the risk and available solutions.

This session is a crash course on Cyber Risk, built on the unique knowledge assembled by Berea, a company working with insurers, brokers, risk managers and small businesses, with the mission of "Making Cyber Security Simple". It will cover the following areas:

- Cyber Risk: What exactly is it and what are the consequences?

- Cyber Security: Fundamental principles, legislation and standards

- Cyber Insurance: Distribution issues and PI exposure, placement issues and E&O exposure. Considerations around The Insurance Act.

Learning Objectives

By the end of the session, delegates will have a more detailed understanding of:

. Cyber risks security . The exposures faced by businesses of all size and the steps they should take to protect themselves . The state of the UK Cyber insurance market and the resultant opportunities and threats

Speaker Biography

Aaron Yates is the founder and CEO of Berea Associates Ltd. Berea work closely with the Insurance Industry and assisted HCC International (now Tokio Marine HCC) with writing their first UK Cyber Liability policy in 2012. Berea has subsequently delivered training to hundreds of account executives across the UK, giving them the confidence, skill set and toolkit to engage their clients on cyber risk. Most recently Aaron was the expert witness at a CII mock trial of an Insurance Broker for failure to advise correctly on cyber in line with the impending Insurance Act.

Book Now contact David Codling at david.codling@riig.co.uk or 07772 483302

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