Live Webinar – Introduction to Cyber Insurance (Full Day)

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 live interactive insurance webinar looks in detail at cyber risk, exclusions found in typical and traditional corporate insurance cover and the specialist cyber insurance solutions currently available.

The course will be highly interactive with delegate participation and engagement throughout. This all day course consists of 2 x 90‐minute sessions and 2 x 75-minute sessions.

There will be a maximum of 10 delegates.

The course is delivered by a Certified On-Line Learning Facilitator (COLF) who is a Chartered Insurance Broker with over 40 years insurance experience.

What you will learn

Course Objectives

By the end of the Workshop delegates should be able to:

• Describe the main cyber risks 
• Describe the extent of cover for cyber risks in standard non-cyber policies
• Describe the policy cover, conditions and exclusions of specialist cyber risks insurance policies in the UK 
• Detail the major client objections to purchasing cyber cover
• Outline the major risk, underwriting and rating considerations of cyber risks insurance

Content

Consideration of:

• What are cyber risks?
• What types of organisation are exposed to cyber risks?
• The cover provided by conventional insurance policies against cyber risks
• Affirmative Cyber Endorsements (Exclusions) and their application to professional indemnity policies
• The cover, conditions and exclusions of specialist cyber risks insurance policies in the UK
• How to overcome client objections to buying cyber cover 
• Insurers’ information requirements and underwriting considerations for cyber risks insurance
• The main considerations when dealing with cyber risks insurance claims