Cyber 101: A crash course on ‘cyber’ in the wider insurance market

Time: 12pm - 1pm including buffet lunch pre-lecture
Venue: The Castlegate, Melbourne Street, Newcastle

Speaker: Aaron Yates, CEO, Berea Associates Ltd./Cyber AMI

'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 insureds are confused by the risk and available solutions.
This session presents a cross section of cyber and its wider effects across the insurance and risk management industries. The session is 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”.

Learning objectives
At the end of this event, the delegate will be able to identify:
• an overview of cyber risks/security, and the exposures faced by businesses of all sizes and the steps they should take to protect themselves
• the complexities and bottlenecks in the wider insurance industry that may affect the uptake of cyber insurance products
• the PI and E&O exposures facing brokers created by the necessity to advise clients on cyber risk
• an understanding of the UK Government Cyber Essentials scheme, the minimum benchmark for cyber security in an organisation, and its wider benefit to the insurance industry.

Speaker biography
Aaron Yates is the founder and CEO of Berea, the company behind Cyber AMI. Berea work with a growing national segment of the insurance industry, in particular insurance brokers, supporting their activity to meaningfully advise clients on cyber risk.