Insurance 2020: Innovating beyond Old Models
By: IBM Line of Business View more from IBM Line of Business >>
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Insuring the uninsurable: Is cyber insurance worth its salt?
By: TechTarget ComputerWeekly.com
Type: Research Content
Cyber insurance is one of the fastest growing areas of risk cover in the insurance industry as businesses increasingly turn to specialist insurance in an attempt to cover a portion of their enterprise risk.
Cyber risk is notoriously difficult to quantify and businesses face an arduous choice in deciding which risks to manage themselves and which risks to transfer to the insurance market.
This article dips a toe into this emerging risk area and outlines some steps businesses can take to make better informed risk mitigation decisions.
These are also closely related to: "Insurance 2020: Innovating beyond Old Models"
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How to get a better deal on cyber insurance through IAM
By: One Identity
Type: eBook
Cyber insurance is vital for risk management, but it demands strong cybersecurity. This e-book shows how advanced identity and access management (IAM) can improve insurance terms.
Topics include:
- Multi-factor authentication (MFA) to prevent account takeovers and boost security for insurers
- Privileged access management (PAM) to secure critical credentials and prevent supply chain attacks
- Identity governance and administration (IGA) to ensure compliance, reduce attack surfaces, and cut insurance costs
Enhancing IAM capabilities demonstrates cybersecurity maturity to insurers, leading to better coverage and rates. Discover how to enhance your cyber insurance approach with IAM in this e-book.
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10 steps for assessing cyber risk for cyber insurance
By: Tanium
Type: Product Overview
Managing and protecting the thousands of devices that are connected to your network has never been more challenging. Cyber insurance is a key tool to mitigate the associated risks.
However, the underwriting process can be burdensome and result in missed opportunities for both the insured and the insurer.
To alleviate this burden, Tanium has partnered with leading cyber insurers to provide a solution that:
- Enhances an organization's visibility into risks
- Expedites the underwriting process
- And can lead to significantly improved cyber insurance policy terms, including premium discounts
Explore 10 steps for assessing cyber risk for cyber insurance when you download this guide.
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The top ways insurers can elevate their CX and drive loyalty
By: Talkdesk
Type: Research Content
In a saturated industry like the insurance marketplace, today’s providers are putting an emphasis on both the customer and employee experiences. With disconnected interactions and low-quality support plaguing the industry, the time is now to invest in an improved CX strategy. Read on to learn about a platform that ensures your CX rises above.
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Understanding AI ethical nuances in the insurance industry
By: Infinite
Type: Presentation Transcript
The implementation of ethical AI at scale in the insurance industry is pivotal for maintaining trust and safeguarding sensitive data. Read this transcript, based on a recent BrightTALK webinar featuring experts from SAS and Infinite, to understand the nuances of, and how to implement, ethical AI at scale in the insurance industry.
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A Computer Weekly buyer's guide to cyber insurance
By: TechTarget ComputerWeekly.com
Type: eBook
In this 14-page buyer's guide, Computer Weekly looks at how the market is evolving, why the devil is in the detail when it comes to assessing what's missing from policies and what steps companies need to take when investing in an insurance package.
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The insurance data and AI revolution
By: SAS
Type: eBook
With 64% of CIOs reporting that they’re planning on increasing their business intelligence and analytics investments to transform their organisations, it has become critical for insurance leaders to rethink their approaches to serving their customers. So, how can this best be done? Dig into this guide to gain more insight.
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Cyber Insurance Masterclass Part 1: Is My Stack Insurance Ready?
By:
Type: Video
The Cyber Insurance Masterclass will deepen your understanding of cyber insurance from the service provider's perspective. In this three-part series, you will learn what controls carriers are looking for, how to have the cyber insurance conversation with your clients and tips to turn cyber insurance discussions into a strategic advantage for you. Part 1: Closing the Gap: Is My Stack Insurance Ready? Having the proper controls is imperative to be considered for a cyber insurance policy. In this session, you will learn how to align your security stack to the top controls cyber insurance carriers require.
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Frontline Perspectives: Cyber Protection and Insurability for SMEs
By:
Type: Talk
Cyber insurance, also known as cyber risk insurance or cyber liability insurance, is a relatively new specialty insurance product that helps protect organizations from the fallout of cyberattacks and hacking threats. Over the past few years, business organizations and governments worldwide have faced a significant surge in cyber incidents. At the same time, insurance companies have also experienced a rise in the severity and frequency of cyber insurance claims. On March 30th, join Marcos Alvarez, Global Head of Insurance at DBRS Morningstar, in a conversation with Alan Abreu, European Cyber Manager and Member of the Underwriting Team at BOXX Insurance Inc., to provide an update on the state of the cyber insurance market and what small and medium-sized companies can do to manage their increasing exposure to cyber risks and to improve their insurability.
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Cyber Insurance Masterclass Part 3: A Winning Strategy: The Business Review
By:
Type: Video
The Cyber Insurance Masterclass will deepen your understanding of cyber insurance from the service provider's perspective. In this three-part series, you will learn what controls carriers are looking for, how to have the cyber insurance conversation with your clients and tips to turn cyber insurance discussions into a strategic advantage for you. Part 3 : A Winning Strategy: The Business Review The best way to incorporate cyber insurance into your security services is to get proactive. You can prepare now to integrate cyber insurance into your QBRs/XBRs to guide the conversation confidently.
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Rewinding PHE work could help with Medicaid and CHIP final regulation compliance
By: XtelligentMedia Healthcare
Type: eGuide
Some states have already cut in-person interviews and limited renewals to once a year, aligning with Medicaid and CHIP final rule policies.
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Cyber Insurance Masterclass Part 2: Smooth Talking, Tackling Objections
By:
Type: Video
The Cyber Insurance Masterclass will deepen your understanding of cyber insurance from the service provider's perspective. In this three-part series, you will learn what controls carriers are looking for, how to have the cyber insurance conversation with your clients and tips to turn cyber insurance discussions into a strategic advantage for you. Part 2: Smooth Talking: Tackling Objections Cyber Insurance is a great tool to leverage when selling your security services, but when you first bring up cyber insurance, you may need more support. Learn to work through the most common objections you may face.
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Parametric Insurance: Current Scenario and Post-Covid Outlook
By:
Type: Video
Born as a solution for property catastrophe reinsurance, the application areas of parametric insurance have rapidly expanded into different lines of business such as agriculture, weather-related risks, and travel. Parametric insurance is today widely considered one of the main trends that will define insurance in the next years, and today many insurers, reinsurers and insurtech startups have kicked-off or are going to kick-off projects in the parametric insurance area. In this webinar the following topics are discussed: - What has been done so far in parametric insurance: application areas, lesson learned, regulatory aspects - The main insurance pain points parametric insurance can address including protection gap and customer trust - How insurers and insurtechs are exploring parametric insurance to tackle two of the biggest game-changers phenomena in our era: Covid-19 and global warming - Presentation of new InsTech London research on Parametric Insurance
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COP26 PSI-How are US insurance regulators taking action on climate change risks?
By:
Type: Talk
**Please access the link below to watch the second panel. Due to the technical accident, we proceeded to the second panel on Webex. The recording was resumed shortly after panel 2 began. Please accept our sincere apologies for such inconvenience caused. Password: Ytp7Ss4i Recording link: https://unep.webex.com/unep/ldr.php?RCID=1d843da13049590d315a16a748f7920f This event is scheduled as a part of "The PSI COP26 Sustainable Insurance Series" to raise climate ambition. The US is the world’s largest insurance market, and insurance regulation in the US is state-based. This event will convene US Insurance Commissioners from various states to discuss how they are taking action on climate change risks and helping build resilience, the work of the Climate & Resiliency Task Force of the US National Association of Insurance Commissioners (NAIC), as well as key topics such as climate risk disclosure by insurers and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Speakers Ricardo Lara, Insurance Commissioner, California / Co-Chair, Climate & Resiliency Task Force, US National Association of Insurance David Altmaier, Insurance Commissioner, Florida / President, US National Association of Insurance Commissioners Raymond Farmer, Insurance Commissioner, South Carolina / Co-Chair, Climate & Resiliency Task Force, US National Association of Insurance Commissioners Andrew Mais, Insurance Commissioner, Connecticut Kathleen Birrane, Insurance Commissioner, Maryland Mike Kreidler, Insurance Commissioner, Washington Moderator: Butch Bacani, Programme Leader, UN Environment Programme’s Principles for Sustainable Insurance Initiative
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Disrupting Insurance with IoT, Demo
By:
Type: Video
Joe Policella presents ongoing exciting new developments for Insurance Industry. performing a live demonstration on how IoT can disrupt traditional business models in the insurance industry. The demonstration of a water leak scenario illustrates Insurance as a Service, Usage Based Insurance/Dynamic Pricing, and Prescriptive Analytics. The demo uses NTT DATA Services’s Insurance IoT Accelerator which is an end-to-end cloud based IoT Fabric
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Accelerating Underwriting Using a Generative AI Backed Toolchain
By: AWS & Source Allies
Type: Case Study
This white paper explores how a top crop insurance company used generative AI and retrieval augmented generation to accelerate underwriting, improving accuracy by over 800% and reducing operating costs by 95%. Read the full white paper to learn how this solution can benefit your organization.
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Cybersecurity Insurance: What You Really Need to Know
By:
Type: Talk
A relatively new and emerging industry, cybersecurity insurance is constantly evolving, and people still struggle to understand their liability. Join Dr Rebecca Wynn and guests in the second instalment of Threat Watch, as we discuss: - What is cyber Insurance? - Managing the threatscape with cybersecurity insurance - How and why claims are denied - Security testing to maintain coverage - Who needs cyber insurance? - And more!
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Secure your Company by Avoiding These Five Cyber Insurance Pitfalls
By:
Type: Talk
Several cyber insurers have turned the noncompliance tables on their clients with the covenants of their cyber insurance policies. Ironically, these covenants are nothing more than IT security requirements which, with some board and C-suite support and focus, can be fulfilled by the CIO and his team. In this presentation, industry thought leader Ralph Villanueva will draw on his IT security, compliance and cyber security insurance experiences (he is a licensed P & C insurance agent and broker, which includes cyber security insurance) to help the audience avoid these five cyber insurance pitfalls and ensure that if an insurable event occurs, their employers will receive the full benefits of their cyber insurance policy.
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Canadian Insurance Industry Year in Review and Outlook
By:
Type: Video
DBRS Morningstar’s insurance analysts discuss how interest rate increases, inflationary trends, housing market declines, climate change, and recent financial market volatility affect our rating views on the different segments of the Canadian insurance industry: Life and Health, Property and Casualty, and Mortgage Insurance. Our Canadian insurance ratings outlook, including perspectives on the implications of new IFRS 17 insurance accounting standard, which comes into effect in January 2023, will conclude the session.
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Cyber Insurance
By:
Type: Talk
With identity-based ransomware attacks on the rise both in volume and dollar amount demanded, cyber insurance companies are starting to require security measures as a precondition for eligibility. Many cyber insurance firms are using cybersecurity tools to run an analysis of clients’ controls to make sure they are up to par. In the event where coverage is offered, many insurance providers are declining to take new clients or are capping amounts at about half of what they used to be for some clients.Join OneLogin’s Vice President of Global Compliance & IT on October 27, at 10am PT to learn more about Cyber insurance policy requirements Best practices to qualify for insurance and remain insured Features that provide protection mandated by insurance providers
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Cybersecurity Insurance from the Insurers POV
By:
Type: Talk
Join us for an informative webinar featuring Michele Drolet, the founder and CEO of Towerwall, and Michelle Lord, Area Senior Vice President at Gallagher. This discussion will focus on cybersecurity insurance and what insurance companies care about the most. What We'll Cover: - Insurer's Perspective: Learn the key points insurers consider in cybersecurity insurance. - Updates in Policies: Get the latest information on how insurance policies are changing. - Need-to-Know Basics: Find out what you need to know to manage cyber insurance effectively. This webinar is perfect for business owners, IT professionals, or anyone interested in understanding cyber insurance better. You’ll get advice from experts on how to protect your business against cyber threats.
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EP 263: How Insuring Carbon Lowers the Cost of Capital
By:
Type: Video
James Kench is Head of Insurance at Kita, the company that insures carbon. He is a global finance, (re)insurance & climate risk executive with a career spanning Europe, Asia & the Americas. Carbon insurance provided by Kita unlocks financing and de-risks projects in the carbon markets, a source of investment opportunity and potential liability when not insured. Carbon insurance contracts issued by Kita are backed by leading re-insurance companies like Lloyd’s of London. They swap the uncertainty of future losses with the certainty of insurance premiums to insure transfer of contracts, unsustainable business models and the cost of doing business. Carbon insurance can cover risk assessment, management and risk taking and James joins me today to discuss how Kita improves financing and lowers the cost of capital in the carbon markets.
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Let’s Talk SOC: Ep 8 - Cybersecurity or Cyber Insurance?
By:
Type: Replay
As cyberattacks grow in frequency and severity, cyber insurance has never been more important. But rising risks can also mean rising premiums. How do you improve your security and minimize your premiums, while maximizing the value cyber insurance offers? In this episode, we talk to Florence Levy, Executive Vice President at INSUREtrust, a specialist cyber insurance broker. Florence offers fascinating insights on the interplay between cyber insurance and cybersecurity best practices — and the increasing role brokers are playing in helping clients improve their security posture and resilience. Find out what underwriters look for when evaluating your risk profile and the importance of threat prevention, detection, and response in assessing your cybersecurity strategy. What We'll Cover - What is cyber insurance and what does it cover? - The role of cyber insurance in your overall security strategy - What brokers look for when assessing your risk profile - How to improve your security posture and reduce insurance costs - The role of managed services in mitigating cyber risk
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Cyber Insurance
By:
Type: Talk
Cloud Computing often raises or complicates the question of how customers can recover the direct costs and indirect losses resulting from an outage or a data breach. The objective of this Discussion Paper is to explain the role Cyber Insurance contracts play in mitigating those consequences, and the challenges of assessing the risk and the damage – especially to intangible assets. Cyber Insurance (CI) is evolving in response to user demands. In particular, a new form of contract – parametric insurance – has been introduced to overcome some of the limitations of traditional indemnity insurance. This paper explains how this paves the way toward the future state of CI. The paper covered the following topics: • What is Cyber Insurance? • The impact of intangible assets • The impact of cloud services • Risk assessment • The future of Cyber Insurance • Standards needed for Cyber Insurance The co-authors of this important discussion paper will present their work and take questions
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Nature Positive Insurance Series - Day 2
By:
Type: Talk
Day 2: Managing nature-related risks: Emerging practices in the insurance industry A leadership series convened by UNEP’s Principles for Sustainable Insurance Initiative and the UN Convention on Biological Diversity (CBD) to set the global agenda for nature-positive insurance. The series will highlight the key role of the insurance industry in addressing nature-related issues and will count with the participation of experts and practitioners covering the following topics: • The state of nature and the Post-2020 Global Biodiversity Framework • The links between nature and the insurance industry’s risk management, insurance and investment activities • Embedding nature in sustainability risk management frameworks • State-of-the-art tools to assess nature-related risks • Insuring nature • Investing in nature • Nature, insurance and the SDGs: Target setting • Disclosure and emerging regulatory and supervisory thinking
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Cyber Insurance: Navigating the Nuances in a Digital Age
By:
Type: Video
As digital threats grow in complexity and frequency, cyber insurance emerges as a critical component in the cybersecurity strategy for organizations across all industries. This session will explore the evolution of cyber insurance, from its origins to its current state, and examine how emerging technologies are shaping insurance premiums and coverage strategies. Participants will gain a comprehensive understanding of the cyber insurance market, including key players, the structure of policies, and the factors influencing the cost and coverage. We will discuss the pivotal role that technology plays in shaping these policies, particularly how advancements in security technology can mitigate risks and potentially lower premiums. The session will also highlight the critical importance of having cyber insurance as part of an organization's risk management strategy. Additionally, attendees will receive a practical blueprint for action in the event of a cybersecurity breach. This guide will cover immediate steps to take following an incident, how to work with insurers during claims, and strategies for leveraging insurance resources to aid in recovery and minimize downtime. Learning Outcomes: • Understand the historical context and evolution of the cyber insurance market. • Analyze how current technological advancements are influencing insurance premiums and what it means for policyholders. • Recognize the importance of cyber insurance in risk management and how it fits into broader cybersecurity strategies. • Learn practical steps to manage the aftermath of a cyber incident with the support of your insurance provider.
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Royal Holloway: Lessons on catastrophe - differences and similarities between cyber and other forms of risk
By: TechTarget ComputerWeekly.com
Type: Resource
Cyber insurance is still in its infancy but has shown significant growth, with evidence for further expansion. However, a lack of past information and some idiosyncrasies make pricing difficult, as well as potentially amplifying risk exposure. This article summarises findings from a practical model that could be used in lieu of actuarial data.
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To Buy or Not to Buy: When Is Cyber Insurance Worth It?
By:
Type: Talk
Selecting the right cyber insurance program can be an arduous process, and with the rapid rise of increased rates in the last two years, it’s only become more difficult. Compliance professionals around the world are wondering whether to buy or not to buy. That is the question, right? Additionally, they’re thinking about what type of cyber insurance to get, what it actually covers, and what to do if they decide to get it. We’ll answer all of these questions and in our upcoming webinar. Join us for this enlightening webinar about the current state of cyber insurance and how to decide on self-insuring certain categories of risks. We’ll discuss: The current state of cyber insurance (and wow, it’s a doozy) The business argument for why you should or should not get cyber insurance How to demonstrate control implementation and efficacy if you do purchase cyber insurance
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Embedded Finance Insurance: $7 trillion Opportunity?
By:
Type: Talk
The COVID-19 pandemic has exerted a toll on all industries, and insurance was no exception. Embedded insurance has given access to new markets for insurers. This in turn has given customers the option to access insurance products that they would not be able to get in the new markets. Key Takeaway Points: 1. The potential business models that are supported by embedded insurance. 2. Tangible benefits consumers can expect to get from this new wave of innovation. 3. The market opportunities presented by embedded financial insurance? Speakers: Alpesh Doshi, Founder, Fintricity & Daniel Pass, CTO, Perenna Jussi Tommola, CEO, YellowMay
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How Will M&A Reshape The European and London Market Insurance Landscape?
By:
Type: Talk
Mergers & acquisitions are having a profound impact on the London and European insurance market. What are the key drivers of this trend, and what does the future hold? Join Insider Engage as we explore this trend in a free webinar, in partnership with FTI Consulting at 3 p.m. UK/10 a.m EST Discussion points include: --European Insurance M&A 2021 review highlights --Trends & key drivers for European insurance transactions --Insurance distribution consolidation in continental Europe --Sources of value creation and expected returns --Lloyd’s and London Market perspectives Speakers: - André Frazao, Head of Insurance M&A, Global Insurance Services, EMEA - FTI Consulting - Jeremy Riley, Managing Director, Global Insurance Services, EMEA - FTI Consulting - Nick Triggs, Senior Advisor, Insurance M&A Practice - FTI Consulting - David Howden, Chief Executive Officer - Howden Group - Peter Rutland, Managing Partner - CVC Capital Partners Moderator: - Matt Scott, Contributing Editor - Insider Engage
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Insuring the Rebuilding of Ukraine: The Future of War Cover
By:
Type: Talk
The World Bank estimates it will cost $411 billion over the next decade to rebuild Ukraine, and insurance will play a vital part of that process. Insurance underpins every major construction project, and banks won’t loan money to projects without insurance protection for their investments. How are insurers responding to the reconstruction of Ukraine? Join Insurance Insider, in partnership with Markel, on 10:00 ET/ 15:00 GMT on Nov. 2 as we explore how political violence insurance is evolving to face new risks. Discussion questions include: • Overview of the political violence insurance market • What lines of insurance may be involved? • How are terms and conditions changing? • Can insurers underwrite in a country where an active war is raging? • How is the Ukraine/Russia war impacting other regions and other types of cover? • What other geographies face potential conflicts? Panel: Ed Winter, director of terrorism, Markel Roland Lasius, partner, Oliver Wyman Marcus Baker, Global Head Marine and Cargo Practice – Managing Director, Marsh Moderator: Meg Green, Senior Editor, Multimedia, Insurance Insider
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Investment Portfolio Risk for Insurance Companies - The CIO Perspective
By:
Type: Talk
The insurance industry is in the business of risk; acting as risk managers, risk carriers and investors. Accordingly, the insurance industry is significantly exposed to risks posed by the increasing frequency and intensity of extreme weather events, as well as the global transition towards a low-carbon economy. Adding the recent unprecedented pandemic for additional complexity and uncertainty, it is more important than ever before for managers of insurance company assets to factor relevant ESG risks into their investment portfolios. Please join the PRI and the CFA Society Boston on December 14th at 11 am ET for the second in a series of events exploring responsible investing and the US insurance industry. In this session, you will hear directly from investment officers of two major Insurance firms on the unique challenges they face, potential increased regulatory scrutiny and how they plan to continue managing resilient and sustainable insurance investment portfolios. Confirmed speakers: Randy Brown, CIO, Sun Life & Head of Insurance Asset Management at SLC Management Patrizio Urciuoli, Co-Head of Strategy &Asset Allocation, Executive Managing Director, Executive Vice President Liberty Mutual Insurance Group
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Protection Gap in Canada: A Social Framework for Life & Health insurers
By:
Type: Talk
This webinar will convene members of the PSI Canadian Insurance Industry Task Force and its Social Thematic Working Group. It will feature the launch of the position paper, “Closing the protection gap in Canada: A social sustainability framework for the Canadian life and health insurance industry “, developed by the group. This paper is a first step by the Canadian insurance industry to open the discussion and dialogue about climate change adaptation considerations and the role that the insurance industry can take to help individuals, especially the most vulnerable. Speakers: Shawna Peddle, Associate Vice President Sustainability and Citizenship, Co-operators Maude-Marie Dorval, Chef de Produit, Desjardins Andrea Stuska, Environment, Government and Industry Relations, TD Insurance Moira Gill, Associate Vice-President of Environment, Government & Industry Relations, TD Insurance Butch Bacani, Programme Leader, UN Environment Programme’s Principles for Sustainable Insurance Initiative
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The NZIA at COP26: How can insurers do more zero now, so there’s less net later?
By:
Type: Talk
The Net-Zero Insurance Alliance (NZIA) was launched at the G20 Climate Summit in Venice last July by its founding members—AXA (NZIA Chair), Allianz, Aviva, Generali, Munich Re, SCOR, Swiss Re and Zurich Insurance Group—under the auspices of UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), the largest collaboration between the UN and the global insurance industry. In the run up to COP26, the NZIA has expanded its membership, announcing five new members—American Hellenic Hull (Cyprus), Hannover Re (Germany), ICEA LION Group (Kenya), NN Group (The Netherlands), and Shinhan Life Insurance (Republic of Korea). On Finance Day of COP26, this global event will unpack approaches to net-zero insurance that insurers can take to immediately decarbonise their insurance and reinsurance underwriting portfolios, while the NZIA and its partners develop a global standard to measure and disclose insured emissions and a target-setting protocol for the alliance. Confirmed speakers Renaud Guidée, Group Chief Risk Officer, AXA & Chair, Net-Zero Insurance Alliance Roland Umbricht, Head of Global P&C, Allianz Owen Morris, Managing Director - Personal Lines, Aviva Stefan Golling, Member of the Board of Management, Munich Re Oliver Perraut, Chief Underwriting Officer, SCOR Specialty Insurance Thierry Léger, Group Chief Underwriting Officer, Swiss Re Hayley Robinson, Group Chief Underwriting Officer, Zurich Insurance Group Moderators/Hosts: Butch Bacani, Programme Leader, UN Environment Programme’s Principles for Sustainable Insurance Initiative Diana Diaz, Programme Supervisor, UN Environment Programme’s Principles for Sustainable Insurance Initiative The event will also feature CEOs from new members of the NZIA and their motivations and ambitions on net-zero insurance. Find out more about Aviva's activities at www.aviva.co.uk
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Securing the Best Cyber Insurance Policy at the Best Price for Your Business
By:
Type: Video
40% of businesses renew cyber insurance policies in calendar Q4. Whether you’re part of that cohort or not, with the right guidance you can be better prepared to navigate the cyber insurance buying process, and ensure your business secures the right policy at the best possible price. To make that happen, check out this on-demand expert panel webinar covering the following topics: * Key actions cyber pros can take to support and optimize the insurance buying process * Latest cyber insurance market trends and their potential impact on your organization’s procurement process * How Tenable helps optimize your cyber insurance buying process
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#IMOS20 Cyber Insurance: To Buy or Not to Buy?
By:
Type: Talk
The potential ramifications of a data breach for an organization are many, but with growing ransomware demands and huge financial penalties under regulatory schemes, such as the California Consumer Privacy Act and GDPR, the monetary fallout of suffering a data breach has taken on greater importance. This has given rise to discussions around a newly emerging form of indemnity that seeks to protect the wallet book of businesses should they fall victim to cyber-attack – that of cyber insurance. This session will explore the importance and necessity of cyber insurance for modern enterprises, outline what businesses must assess when considering investing in cyber insurance policies and address how organizations can recognize what type of coverage is right for them now and in the future. Key takeaways: • The growth and evolution of cyber insurance • How to determine if a cyber insurance policy is right for your business • The future role of cyber insurance in the information security landscape
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Computer Weekly – 11 June 2019: Are schools delivering on digital skills?
By: TechTarget ComputerWeekly.com
Type: Ezine
In this week's Computer Weekly, we look at the differing approaches to teaching computer science across the UK and assess the pros and cons of each. Our latest buyer's guide examines the technologies and best practices of multicloud environments. And we find out what you get for your money when buying cyber insurance. Read the issue now.
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Mastering Gen-AI Implementation - Ensuring Responsible, Secure, Scalable ROI
By:
Type: Talk
2024 finds generative AI both over-hyped and very real. An AI-first insurance business these days is seldom without proof of concept, data quality and transformational use cases. In this fast-paced webinar, get a comprehensive view of the AI landscape for insurance. Learn from the AI-first insurance practices of large enterprises. Speakers Suhas Sethi, Global Insurance Leader, Genpact Ben Podbielski, Applied Technologies for P&C Innovation, Nationwide Ramesh Sethi, Digital Solutions Delivery, Prudential Financial Maria Kokiasmenos, VP, Associate General Counsel, The Hartford Manoj Kumar, Global Head of Data and Analytics for Insurance, Genpact
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#IMOS22 Cyber Insurance: Unpicking the Controversy
By:
Type: Talk
Organizations are increasingly turning to cyber insurance coverage in the face of surging attacks. This topic has become particularly controversial due to the role of insurance in covering ransomware payments, with suggestions that it is exacerbating this attack vector. There are also fears that the use of cyber insurance reduces the likelihood of organizations improving their own cybersecurity practices. In this session, we will analyze the impact of cyber insurance on security, looking at both the pros and cons, and debate how it should evolve going forward, including whether it should be covering ransomware payments.
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Cyber Insurance: Understanding the Requirements and Getting Ready
By:
Type: Replay
With the frequency and severity of cyber insurance losses on the rise, carriers are implementing strategies to mitigate their own exposures. As a result, cyber insurers are tightening their underwriting guidelines and clarifying coverage intent in their policy language. We invited insurance and cyber security experts from the industry leading organizations to shed more light on what’s in store for 2022 and share their recommendations on how to achieve better outcomes. If you’re purchasing cyber insurance for the first time or headed into a renewal in 2022, join this live webinar to hear everything you need to know and get ready. Our presenters from CNA Insurance and CyberArk will discuss: • Changes in cyber insurance underwriting and how they affect organizations just like yours • Focus areas and prerequisites for a cyber liability policy • Top 5 risk mitigation controls required to obtain a cyber insurance policy • Cyber security solutions to help address essential risk controls
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Cyber Insurance: Understanding the Requirements and Getting Ready
By:
Type: Replay
With the frequency and severity of cyber insurance losses on the rise, carriers are implementing strategies to mitigate their own exposures. As a result, cyber insurers are tightening their underwriting guidelines and clarifying coverage intent in their policy language. We invited insurance and cyber security experts from the industry leading organizations to shed more light on what’s in store for 2022 and share their recommendations on how to achieve better outcomes. If you’re purchasing cyber insurance for the first time or headed into a renewal in 2022, join this live webinar to hear everything you need to know and get ready. Our presenters from CNA Insurance and CyberArk will discuss: • Changes in cyber insurance underwriting and how they affect organizations just like yours • Focus areas and prerequisites for a cyber liability policy • Top 5 risk mitigation controls required to obtain a cyber insurance policy • Cyber security solutions to help address essential risk controls
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Take the Driver’s Seat from Your Cyber-Insurance Underwriter
By:
Type: Talk
With the continuing threat of ransomware and other complex attacks, cyber insurance has become a key strategy to mitigate risk. Yet, only 15% of companies—according to recent Enterprise Strategy Group (ESG) research—hold active policies today, while 73% are planning or researching the viability of cyber insurance as a risk mitigation strategy. Yet many face challenges in acquiring cyber insurance, unsure if insurers will underwrite their risk, given their current cybersecurity program or how to define stable requirements. Therefore, it’s no surprise that the road to cyber insurance feels like a moving target. How can IT and security leaders gain control? Watch this webinar to set yourself in the driver’s seat of your cyber insurance acquisition and receive guidance from ESG and OneNeck experts on how to effectively operationalize your cyber insurance plans and to identify current (if any) cybersecurity gaps.
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Cyber risk management: Insuring the digital age
By:
Type: Video
Breaches will occur. This is where insurance comes in. Cyber insurance serves as a critical safety net to protect the bottom line. This session explores the critical role of cyber insurance in identity security in mitigating risks and unlocking new opportunities. Let’s examine real-world examples, emerging trends and innovations from providers and experts to help us stay ahead of the curve. Gain a comprehensive understanding of the value of cyber insurance in identity security and how it can be leveraged to protect our organization's future.
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Transforming the Future of Insurance with GenAI & AWS
By:
Type: Video
According to Enterprise Strategy Group (ESG), most companies are more likely to consider a solution that incorporates GenAI capabilities as part of a product or service, and 43% are willing to pay more for it. Join us in this fireside chat featuring Mike Leone, Principal Analyst at Enterprise Strategy Group (Analytics and AI), Jake Sloan, Appian, Vice President Global Insurance, and Shaughn McCluskey, AWS, Industry Specialist – Insurance, as they discuss how generative AI is transforming the insurance industry. You will learn about: • How an AI solution can be used for insurance tasks like underwriting, claims processing and customer service • The business objectives for GenAI in the insurance space • How to address concerns around GenAI biases, compliance, ethics and security risks
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Computer Weekly – 5 July 2022: How to get the right level of cyber insurance
By: TechTarget ComputerWeekly.com
Type: Ezine
In this week's Computer Weekly, we look at how the market for cyber insurance is evolving and how to avoid buying the wrong level of cover. We find out what role hydrogen technologies could play in reducing datacentre carbon emissions. And we hear how a 125-year old bicycle maker is embracing digital innovation. Read the issue now.
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V20 SIF: Solving the Insurance Last Mile for Climate Cover in Vulnerable Nations
By:
Type: Talk
On the 25th of March, 09:00 CET, UNEP PSI's V20 Sustainable Insurance Facility will hold a panel discussion regarding climate-smart insurance. Brandon Mathews, Global Coordinator for the V20 Sustainable Insurance Facility, will host a webinar with the initiative's Asia Pacific regional coordinator, speaking with industry leaders in the region to uncover the significant challenges inhibiting access to insurance for Micro, Small, and Medium-sized Enterprises in climate-vulnerable nations.
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Benchmarking the insurance industry’s performance on the SDGs (Morning)
By:
Type: Talk
UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) and the World Benchmarking Alliance (WBA) are carrying out this global webinar to better assess the insurance industry’s contribution to achieving the UN Sustainable Development Goals (SDGs). We will introduce the initial conceptual framework for the financial system benchmark that the WBA is developing, with a particular focus on the role of the insurance industry in contributing to the achievement of the SDGs. We invite the insurance industry to join other actors—financial institutions, regulators, companies and civil society—in shaping the development of this benchmark.
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Benchmarking the insurance industry’s performance on the SDGs (Afternoon)
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Type: Talk
UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) and the World Benchmarking Alliance (WBA) are carrying out this global webinar to better assess the insurance industry’s contribution to achieving the UN Sustainable Development Goals (SDGs). We will introduce the initial conceptual framework for the financial system benchmark that the WBA is developing, with a particular focus on the role of the insurance industry in contributing to the achievement of the SDGs. We invite the insurance industry to join other actors—financial institutions, regulators, companies and civil society—in shaping the development of this benchmark.
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Data Security and Navigating the Cyber Insurance Landscape
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Type: Replay
Cyber insurance is driving many conversations at the executive and board level. In this session, hear from cyber insurance executives about how organizations can implement security best practices to strengthen their security posture, mitigate cyber risk, and manage insurance costs. Learn how data security best practices will help your organization manage cyber insurance costs, mitigate risk, and strengthen its security posture. Make sure to take a look at the attachments as well - we've added extra learnings on how to optimise data protection and provided you with additional resources to help set you up for success.
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Transforming 24/7 Customer Service in Property & Casualty Insurance: A Journey with Primo Insurance
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Type: Talk
Join us for an exclusive webinar tailored to technology and customer experience professionals in the Property & Casualty (P&C) insurance sector. In today’s digital-first world, delivering personalized, 24/7 customer service is no longer optional—it’s essential. However, achieving this in a safe, secure, and efficient manner remains a major challenge for many insurance companies. In this engaging session, we’ll take you on a narrative journey through the experiences of Primo Insurance, a fictitious P&C insurance company facing common industry challenges. Discover how Kore.ai’s powerful enterprise AI platform enabled Primo Insurance to deploy AI-native automation that enhances customer service from the first touchpoint to the final resolution of claims.