Description
About the course
The modern business world is now heavily reliant on IT systems and infrastructure to support its business-critical activities. Businesses also operate in a connected world where they and their employees make use of email, social networking and cloud computing. All this leads to additional risks to the business, some of which is not customarily covered by existing insurance arrangements.
This open live webinar looks at the cyber risk limitations and exclusions for typical and traditional corporate insurance cover and the specialist cyber insurance solutions currently available.
Note: This Webinar is split across two days.
A workbook and example policies will be sent to attendees ahead of the event. Model answers and slides will be sent after the event
This webinar will be delivered via Zoom.
What you will learn
Course Content
- Day 1
- What are cyber risks?
- demystifying some terminology
- data breaches and other cyber risks
- industry specific risks
- cyber crime
- Costs of cyber risks
- dealing with a data breach
- physical damage
- business interruption
- Regulation and legal developments
- legislation
- recent relevant case law
- Risk management
- Cyber Essentials
- NCSC advice
- Day 2
- Gaps in non-cyber policies
- new exclusions
- Specialist cyber risks insurance policies in the UK
- covering third party and first party costs
- main conditions and exclusions
- key definitions
- Insurers’ information requirements and underwriting considerations for cyber risks insurance
- The main considerations when dealing with cyber risks insurance claims