WEBINAR: 4 Cyber Loss Scenarios You Should Use to Test and Demonstrate the Coverage Provided Under Your Customers’ Cyber Insurance Policies

Wednesday, 17 March 2021
11:30 am – 1:00 pm (UK time)
    • Neil Park, Fizzwin Limited

Overview

An opportunity to really appreciate the types of incidents that are and are not covered by Cyber Insurance

Cyber insurance policies are newer, less tested and arguably trickier to understand than property damage/business interruption policies so brokers and insurers must be able to clearly explain to customers the coverage and any limitations to the coverage to prevent similar policy disputes

Learning Objectives

By the end of this workshop, participants will be able to:

  • Identify four common cyber loss scenarios which may or may not be covered under a cyber policy
  • Identify which customers are likely to be most concerned with what scenario
  • Explain how a cyber insurance policy may or may not apply to each scenario
  • Prepare an action plan on how to use the scenarios to both demonstrate the value and potential limitations of cyber insurance

This session is intended to be participative and you will be given the chance to contribute to polls (anonymously, of course!).

Speaker Biography - Neil Park

Neil spent twenty years working as an international insurance broker serving large multinational customers in London and North America for both Willis and Aon before setting up his own training consultancy business.

He delivers in person training and virtual technical insurance training workshops in London and around the world.

He is currently the study leader of the Insurance Institute of London cyber risks study group.

CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

1 1/2 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.