Cyber Insurance CPD Webinar

🔐 Cyber risk remains one of the fastest-growing threats facing businesses of all sizes. Understanding the risks, insurance solutions available, and the rapidly evolving cyber insurance market is essential for brokers, insurers and risk professionals.

Join the Insurance Institute of Halifax & Bradford for this informative CPD webinar exploring the key features of cyber insurance, current market developments, and emerging innovations that are shaping the future of cyber risk transfer.

Learning Objectives

By attending this session, delegates will:

• Understand the cyber risks typically covered under an SME cyber insurance policy.
• Gain awareness of key developments within the cyber insurance market and their practical implications for brokers and insurers.
• Explore emerging cyber insurance innovations and understand their potential benefits for clients.

What Will Be Covered?

Cyber Policy Coverage

The session will explore the cover available under a typical cyber insurance policy, including:

• Data breach response and associated costs
• Business interruption (BI)
• Cyber liability
• Cyber crime
• Retroactive dates and their significance
• Social engineering fraud limitations
• Industrial control systems exposures
• Business interruption indemnity periods and limit calculations

Current Market Developments

Attendees will gain insight into:

• Premium rating trends and market conditions
• Security and protection requirements imposed by insurers
• Challenges surrounding ransomware and ransom payments
• The growing concern around group actions and privacy claims
• The implications of the Lloyd v Google Supreme Court case

Cyber Market Innovation

The webinar will also examine emerging solutions, including:

• Parametric cyber insurance
• Stand-alone breach support services
• Cyber wrap policies
• Industry-specific cyber insurance products

Why Attend?

Cyber insurance continues to evolve at pace as businesses face increasingly sophisticated cyber threats. This session will provide valuable insights into policy coverage, market trends and innovative solutions, helping insurance professionals better understand the risks faced by their clients and the solutions available in today's dynamic marketplace.

This webinar is suitable for:

• Insurance brokers
• Underwriters
• Claims professionals
• Risk managers
• Anyone seeking to enhance their understanding of cyber insurance and cyber risk management

Meet the Speaker

David Hole ACII

David is a highly experienced insurance professional with a career spanning more than 40 years across the insurance industry. His extensive market knowledge has been developed through a wide range of roles within the London Insurance Market and the wider insurance sector.

He currently works as a part-time Complaint Manager for a Lloyd's coverholder and serves as a Subject Matter Expert for the Chartered Insurance Institute (CII), authoring and updating content for the CII's Broker Assess computer-based training programme.

David's previous roles include Head of Claims at Plum Underwriting Ltd, where he was responsible for managing insurer and third-party administrator relationships, as well as overseeing larger and more complex claims through technical referral processes.

A respected trainer and educator, David has delivered technical insurance training for over 20 years to insurance professionals throughout the UK and internationally. He also provides examination support for insurance professionals studying towards CII qualifications and other industry-recognised designations.

His training expertise covers a broad range of general insurance subjects, including:

• Cyber Insurance
• Commercial Property
• Business Interruption
• Liability Insurance
• Marine Cargo
• Construction and Engineering
• Motor Trade Insurance
• Trade Credit
• Underwriting and Claims Practice

David's combination of hands-on market experience, technical expertise and engaging training style makes him ideally placed to provide valuable insights into the evolving cyber insurance landscape.

🎤 Join us for what promises to be an engaging and practical session, helping insurance professionals build confidence in understanding cyber risks, policy coverage and emerging market developments.

We look forward to welcoming you to this CPD event.