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Effective URL: https://www.cyber-insurance-innovation-eu.com/agenda
Submission: On February 08 via manual from GB — Scanned from GB
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This is what your event will look like after going live * No notifications yet. * Sign Out Toggle navigation * * Home * Agenda * Speakers * Attendees * Sponsors * Register Now * Awards * Venue * More * Awards * Venue * * No notifications yet. * Sign Out view session 42 Sessions Time Log in All Sessions (42) (42) My Interests Day 1 8:00 AM 8:00 AM - 8:50 AM GMT +0 (50 min) Registration and networking breakfast 8:50 AM 8:50 AM - 9:00 AM GMT +0 (10 min) Welcome and opening remarks Wyn Jenkins Director of Publications Intelligent Insurer 9:00 AM 9:00 AM - 9:00 AM GMT +0 (0 min) CYBER RESILIENCE IN DISRUPTIVE TIMES 9:00 AM - 9:20 AM GMT +0 (20 min) Cyber risk through the CISOs eyes: how to strengthen cyber resilience at Aston Martin * Addressing the evolving role and mission of the CISO amidst the changing threat landscape. * Analysing our biggest cyber challenges, priorities, and lessons learnt and how we keep up the race to mitigate cyber risk * A view of what could be done better between insurer and clients * What do boards need to know about cyber risk? Explore the role that underwriters and brokers should play in the quest to educate business leaders on cybersecurity risk. * Approaches to overcome the technical knowledge gap and cyber insurance buy-in the with C-suite - tips to effectively translate technical jargon into business language that board members can understand Robin Smith CISO ASTON MARTIN LAGONDA LIMITED Speaker Wyn Jenkins Director of Publications Intelligent Insurer Moderator 9:20 AM 9:20 AM - 9:40 AM GMT +0 (20 min) A post 1/1 review: Could recent innovations in Reinsurance unleash the potential of cyber insurance? * Over the past year, there have been significant shifts in the cyber reinsurance sector’s demand and supply dynamics. * Insurance companies have grown more confident in managing cyber risk internally, leading to an evolution in capital deployment and reinsurance strategies. * Reinsurers are responding with increased appetite for cyber risk, introducing more capacity into the market and expanding the range of structures available. * Products such as event-specific coverage and cyber catastrophe bonds are a good indicator of that growing innovation streak. * Insights into these evolving trends, explore the changing needs of cedents, and offer thoughts on the future direction of the cyber reinsurance market. Anthony Cordonnier Managing Director, Global Co-Head of Cyber Guy Carpenter Speaker Wyn Jenkins Director of Publications Intelligent Insurer Moderator Sponsored By: 9:40 AM 9:40 AM - 10:25 AM GMT +0 (45 min) Navigate market cycles, volatility and ensure sustainability in the evolving cyber insurance landscape * Understand the development of the cyber market: how it has evolved and what is likely to happen in future * Amid escalating premiums, rising ransomware threats and withdrawal of some reinsurers from this challenging space, is cyber on the brink of becoming uninsurable or did rate increases and strict underwriting requirements lead to a more competitive rate environment in 2023? Discover how to remain viable, relevant and sustainable to large and small organisations * Get to grips with issues hindering growth such as pricing, coverage, the availability of capital, increased cyber threats, increased claims, policy wording, lack of data and quantification of risk * Analyse the changing nature and impact of state-sponsored attacks, and explore the intersection of geopolitics and cyber risk * Understand how tighter and expanding regulations around data, privacy, and technology are impacting organisations and how the cyber insurance market is responding to these developments * Tackle challenges such as rising rates, ransomware and the war - what does this mean for innovation in cyber, how is the insurance market responding and what are some of the barriers to innovation and change in cyber Shay Simkin Global Head of Cyber Howden Speaker Daljitt Barn Global Head of Cyber Risk & Head of Tokio Marine Innovation Lab, London Tokio Marine Group Speaker Laure Zicry Head of FINEX Cyber, Western Europe WTW Speaker Charles Clarke Director: International Sales SecurityScorecard Speaker Neil Arklie Expert Cyber Underwriter Moderator Sponsored By: 10:25 AM 10:25 AM - 11:10 AM GMT +0 (45 min) Rethink cyber systemic risk—Approaches to break down obstacles hindering growth and sustainability in the cyber insurance marketplace * As the industry grapples with the uncharted territory of not having experienced large-scale systemic cyber catastrophes, there is a need to address the challenge around a shared understanding of what a systemic cyber event is, what might cause one and what would it look like —along with no industry consensus on modelling the risks or models that are fit for purpose. Is state intervention needed for cyber insurance? * Explore the depths of systemic cyber exposure and discuss how prepared the market is for a systemic event that impacts the entire market. * Address the need for a transparent classification system defined by an independent body as existing definitions remain unclear and inconsistent, breeding uncertainty of what to cover and making it difficult to model. Would clarity attract more reinsurance and third-party capital, creating a true cyber catastrophe market? What ways can the insurance industry address risk and establish rules of thumb. * Examine best practice for measuring and monitoring accumulation risk and looking toward strategies that will allow for growth while still protecting overall exposure. Can new technologies improve risk? * Discuss closing the protection gap and patching the systemic loss. Consider the reliability of threat intelligence, vulnerability scans, risk reports in assessing exposure and how risk modeling may need to adapt. * With carriers increasingly placing restrictions on coverage for systemic risks, explore solutions to address systemic risk, including public-private partnerships, diversification and risk-pooling, and the use of improved data analytics to enhance risk assessment, refine pricing and enable more precise coverage. Alistair Clarke Head Cyber and Commercial E&O (UK) Aon Speaker Alana Muir Head of Cyber Hiscox Jürgen Reinhart Chief Underwriter Cyber Munich Re Group Meike Röllecke Head of Cyber and Financial Lines HDI Global Hartmut Mai Group President Cyberwrite Speaker Jon Rigby Former Chief Cyber Officer Moderator Sponsored By: 11:10 AM 11:10 AM - 11:40 AM GMT +0 (30 min) Morning networking break 11:40 AM 11:40 AM - 11:40 AM GMT +0 (0 min) CYBER RESILIENCE AND SUSTAINABILITY 11:40 AM - 12:25 PM GMT +0 (45 min) Enhance cyber carrier-broker alignment: Overcoming challenges, seizing opportunities to deliver accessible and affordable coverage for clients. * What’s keeping cyber brokers and carriers up at night? Identify the top challenges and explore what would solve these challenges? * Explore the key elements of a successful insurer-broker partnership to boost broker success and establish feedback loops for continuous exchange of insights on client needs, claims experiences, and evolving risks to stay informed and adaptive. * Navigate challenging market conditions where premiums are rising but coverage is being reduced: What can carriers and brokers do to address the coverage and rate difficulties? * Discuss how cooperation between brokers, carriers and third-party specialists can build resilience and mitigate risk to improve pricing decisions * Analyse how market volatility affects customer experience and the changing broker/underwriter relationship. Identify strategies for underwriters to collaborate with brokers, improving customer engagement and experience. Tom Dryden Partner Cyber McGill and Partners Speaker Graeme King Senior Cyber Underwriter Aviva Speaker Christopher Culligan Head of Cyber GAWS of London Speaker Kelly Butler UK Cyber Practice Leader Marsh Speaker Charles Perry Head of Cyber W/R/B Underwriting Moderator 11:41 AM 11:41 AM - 11:41 AM GMT +0 (0 min) FINDING A PATH TO PROFITABILITY AND GROWTH 11:41 AM - 12:25 PM GMT +0 (44 min) Unlocking the full potential of the SME cyber insurance market * Discuss the SME cyber underinsurance problem and how to overcome limited budgets and fewer resources to invest in robust security measures * As one of the highest growth potential markets within cyber insurance, what do cyber insurance policies need to encompass or avoid to appeal to SMEs? How can brokers and insurers best tailor cyber coverage to fit the needs of SMEs * Explore how to sell more to the SMEs market and discuss the barriers that need to be overcome when it comes to increasing penetration of cyber insurance across SMEs * Discuss how insurers and brokers can educate clients on the repercussions of cyber attacks and assist in cultivating cyber resilience * How can industry players streamline processes and reduce exposure? Explore the government's role in safeguarding SMEs and closing the cyber protection gap. * What are the differences/challenges in underwriting SME risks? Jonas Schwade CEO Cysmo Cyber Risk GmbH Speaker Stephen King Divisional Manager - Cyber James Hallam Speaker Lucy Scott Partner, Head of Cyber and Technology Lockton Speaker John Pennick Financial Risks Director Berkeley Insurance Group Moderator Sponsored By: 11:42 AM 11:42 AM - 11:42 AM GMT +0 (0 min) ROUND TABLE MASTERCLASS 11:42 AM - 12:25 PM GMT +0 (43 min) Advancements in risk monitoring and modelling to quantity cyber risk * Explore the growing pains of a maturing insurance market where there are no standards or historical data to reference in the cybersecurity industry. To what extent can you rely on modeling? * Debating the disparity in quantifying losses and moving towards modelling you can trust: How can the risk be predicted when results vary vastly? * What are the latest developments in cyber risk assessment? What are the key features (re)insurers/brokers require to anticipate, quantify and price cyber risk? * Why is it important to evaluate risk on an ongoing basis and proactively improve risk scores James Mitchell Senior Cyber Pricing and Exposure Manager, Aviva Speaker Henry Skeoch Cyber Risks Exposure Management Lead Beazley Speaker Aleksandra Borodina Research Lead IQUW Speaker Jenna Bhundoo Client Products Advisor - Cyber Cat Risk CyberCube Moderator Sponsored By: 12:25 PM 12:25 PM - 12:25 PM GMT +0 (0 min) CYBER RESILIENCE AND SUSTAINABILITY 12:25 PM - 12:45 PM GMT +0 (20 min) The rise of cyberwashing and how to avoid it in cyber insurance * Unpack the concept of cyberwashing in today’s highly digitised environment and the challenges it poses to accurate risk assessment for insurers * Explore whether cyber risk management has truly moved on from a mere box-ticking exercise for insureds in light of emerging regulatory requirements and stricter cyber underwriting criteria * Learn how targeted, actionable insights into organisational exposure and risk management practices can help insurers avoid adverse selection and drive better informed, profitable decision-making * Gain expert insights into what good cyber hygiene looks like in 2024, why responsible disclosure is a reflection of an organisation’s actual cyber maturity, and how effective vulnerability management can enable insurers and their clients focus on the risks that really matter in-life * Discover how a proactive stance against cyberwashing can contribute to overall market stability in the cyber insurance industry Andy Thomas CEO KYND Wyn Jenkins Director of Publications Intelligent Insurer Sponsored By: 12:26 PM 12:26 PM - 12:26 PM GMT +0 (0 min) FINDING A PATH TO PROFITABILITY AND GROWTH 12:26 PM - 12:45 PM GMT +0 (19 min) Anatomy of an incident: Detect > Extract > Respond * Consider efficiencies in data mining through the use of targeted technology, AI and machine learning algorithms * Offer thoughts on best practices in collaboration to promote efficient detection of sensitive data * Seek consultation and expertise in the slick assessment of data and impacted entity extraction * Provide pragmatic processes and purpose-built platforms to ensure a cost-efficient and swift response. Leon Major Training & Advisory Services KLDiscovery Speaker Rachel Ford Senior Associate RPC Speaker Tony Tarquini Founder and CEO 5189 Limited Moderator Sponsored By: 12:45 PM 12:45 PM - 12:45 PM GMT +0 (0 min) CYBER RESILIENCE AND SUSTAINABILITY 12:45 PM - 1:30 PM GMT +0 (45 min) Balancing demand and capacity: Keys to unlock capacity and investment potential. Could ILS be the solution? * Attracting sufficient capital remains one of the cyber market’s top challenges: is there enough capital to support the growth of the cyber market? * Discuss ways to resolve the imbalance between supply and demand for cyber coverage * Debate the potential for ILS to provide a new source of capacity, attract new entrants to the market, enable market growth and mitigate systemic risk exposure * Address concerns about potential uninsurability when capacity has not kept up with demand and find ways to overcome the challenges of risk-modelling for ILS William Wright Partner and Director Paragon International Insurance Brokers Speaker Justyna Pikinska Global Head of Cyber Analytics Gallagher Re Speaker Fergus Reynolds Head of Third Party Capital IQUW Speaker Mark Lynch Head of Cyber Data & Analytics Howden Tiger Moderator 12:46 PM 12:46 PM - 12:46 PM GMT +0 (0 min) FINDING A PATH TO PROFITABILITY AND GROWTH 12:46 PM - 1:30 PM GMT +0 (44 min) The power of collaborative risk management: Uniting CISOs, Insurers, and brokers for enhanced risk mitigation * Discuss the evolving role of the CISO and risk manager due to the growing sophistication of cyber threats * Gain a perspective into chief underwriters’ and claims’ view of risk along with the clients’ experience (CISO/risk manager) of insurance in the market * Discover how clients, brokers and carriers can partner and explore a 360-degree approach to cyber risk mitigation, quantification, transfer and response * Gain valuable insights into the intricacies of cyber insurance policies, the art of risk assessment, and the vital collaboration between CISOs and insurers in crafting comprehensive coverage tailored to an organisation’s unique needs * Bridge the cyber knowledge gap: Uncover tools for effective conversations between insurers, CISOs/risk managers, and leadership. Facilitate communication on cybersecurity concepts, bridging the gap for informed decision-making Quentyn Taylor Director of Information Security EMEA Canon Europe Speaker Ezeugo Aguta Head of Cyber Strategy & Innovation Probitas Syndicate 1492 Speaker Duncan Pease Head of Cyber Claims International Axis Speaker Vanessa Leemans Head of Cyber UK & Lloyds AXA XL Speaker John Pennick Financial Risks Director Berkeley Insurance Group Moderator 1:30 PM 1:30 PM - 2:30 PM GMT +0 (1 hour) Networking Lunch 2:30 PM 2:30 PM - 2:30 PM GMT +0 (0 min) CYBER RESILIENCE AND SUSTAINABILITY 2:30 PM - 3:15 PM GMT +0 (45 min) Cyber insurance and ransomware: Mitigating threats or fuelling the impact? * Addressing the surge in ransomware attacks requires strategic preparedness. Is cyber insurance an effective defence, or are payouts exacerbating the issue, leading to rising premiums, more claims, and stricter limitations? * Propose a unified approach against ransomware—bringing together regulators, policyholders, tech experts, insurers, and public-private partnerships for enhanced defence and resilience. * Tackle data limitations and explore methods for centralised reporting to enhance understanding of attack patterns, frequency, and prevention strategies. * Embrace underwriting evolution and recognise that the rise in cyber claims necessitates a shift in underwriting practices, ushering in rigorous standards and longer evaluations Ed Ventham Co-founder Assured Speaker Michael Shen Head of Cyber and Technology (London Market) Canopius Raheila Nazir Head of Cyber: Overseas General Chubb Simon Newman CEO The Cyber Resilience Centre for London Moderator 2:31 PM 2:31 PM - 2:31 PM GMT +0 (0 min) CYBER REGULATION 2:31 PM - 3:15 PM GMT +0 (44 min) Clarity in the face of war exclusions: Guiding insureds through uncertain times * Discuss the latest development of war exclusions in cyber policies * A look into the LMA model and delve into key features and potential issues still faced. With little clarity for policyholders, could the new wordings create more problems than they solve? Are there potential litigation risks due to ambiguity? * Examine the diverse language employed in war exclusions emphasising the lack of a uniform war exclusion clause and get to grips with the localisation challenge and how to adapt the clauses to fit local legal and regulatory environments * Address the challenges faced in coverage scope for state-sponsored cyber attacks and examine what triggers the applicability of exclusion in policies including considerations of declared war, attribution, attack location, and intended target of the cyber attack. * Analyse attribution and the challenges it poses for cyber war exclusions in particular for SMEs—what makes a cyber attack state-sponsored, catastrophic or uninsurable? * Debate the need to reassess terrorism, war and political violence coverage and exclusions amidst growing global tensions and what relevance will this have on underwriting? Dimaggio Rigby Head of Cyber, Media and Technology United Insurance Brokers (UIB) Speaker Piers Tuggey Head of Cyber Chaucer Group Speaker Hans Allnutt Partner DAC Beachcroft Speaker Simon Kilgour Partner CMS Cameron McKenna Moderator 3:15 PM 3:15 PM - 3:15 PM GMT +0 (0 min) CYBER RESILIENCE AND SUSTAINABILITY 3:15 PM - 3:35 PM GMT +0 (20 min) Cyber risk management and supply chain – Present, future, challenges * How Vodafone is evolving its Cyber risk management approach * The particular challenges of the supply chain – threats, incidents and process * Common current approaches to managing the risk and where these fall short. * Potential approaches to solving the problems and getting us into a better place Mal Smyth Global Head of Cyber Governance, Risk and Control Vodafone Speaker Wyn Jenkins Director of Publications Intelligent Insurer Moderator 3:16 PM 3:16 PM - 3:35 PM GMT +0 (19 min) Navigating the shifting cyber landscape: trends, threats, and lessons from global insurers * Discuss the changes in cyber risks in the last year, including the impact of data exposures, ransomware group activities, and geopolitical events * Highlight what’s responsible for 88% of the exposures online - and it may not be what you expect * Analyse lessons learned by two global insurers - At-Bay and Swiss Life - to reduce cyber incidents and claims, and how other organisations can do the same Celestine Jahren Director, International Sales Censys Speaker Sponsored By: 3:35 PM 3:35 PM - 4:00 PM GMT +0 (25 min) Afternoon Break 4:00 PM 4:00 PM - 4:00 PM GMT +0 (0 min) CYBER RESILIENCE AND SUSTAINABILITY 4:00 PM - 4:45 PM GMT +0 (45 min) Modernising and mastering the maze of cyber underwriting * Whats the biggest challenge in cyber insurance currently, and what are your key priorities for 2024? * Cyber as a product line tends to be at the forefront of adopting new technologies compared to more traditional lines. What technologies and developments do you anticipate increasing in prevalence over the next year? * Pre-breach/preparatory and incident response services for insureds - what tools and services does the group currently offer? How do they see this changing for 2024? How can we address the low engagement rate for these services? * How can we as an industry get better at identifying and managing cyber risks in real-time, without relying on historical information? How can Underwriting and Claims work collaboratively to achieve this? Philip Smith Cyber Lead HDI Global Speaker Alex Jomaa Chief Underwriting Officer Onda Speaker Scott Davies Senior Cyber Underwriter Dual Speaker Akash Bharadia Ex Axis Customer Experience & Digital Transformation Lead - Global Cyber & Technology Independent Moderator 4:01 PM 4:01 PM - 4:01 PM GMT +0 (0 min) CYBER REGULATION 4:01 PM - 4:45 PM GMT +0 (44 min) Cyber legal landscape unveiled: Navigating regulations, policy clauses, and emerging liability challenges * An overview of current global regulatory trends and notable developments in cyber risk management practices and the insurance sector’s role in mitigating these risks * Gain an understanding of how tighter and expanding regulations around data, privacy, and technology designed to reduce cyber attacks are impacting organisations and how the cyber insurance market is responding to these developments * Explore liability and navigate challenges in the era of biometric and megapixel technology - is the worst yet to come when claims are still to come in? With noticeable increases in liability claims related to biometric and megapixel technologies, analyse the long-tail nature of liability claims and how it impacts on underwriting and coverage decisions * Address the war exclusion clause complexity around policy wording and the need for clarity and consistency * Navigate the impact of the EU Digital Operational Resilience Act legislation and other regulatory developments from key jurisdictions around the world: what do regulators expect and what tools can insurers adopt to help them comply? James Tuplin SVP, Head of International Cyber Mosaic Insurance Speaker Sasha Henry Senior Managing Consultant CyXcel Speaker George Alayon Deputy Director,Head of Innovation, Analytics & Infrastructure, Insurance Department Bermuda Monetary Authority Speaker Neil Davis Partner and Head of Insurance Mills & Reeve Moderator Sponsored By: 4:02 PM 4:02 PM - 4:02 PM GMT +0 (0 min) MASTERCLASS 4:02 PM - 4:45 PM GMT +0 (43 min) Masterclass - Challenges associated with Cyber Claims in the UK/EU for complex breaches This session will dive into the various aspects of complex breaches that impact cyber claims including: * Complex breach restoration and associated costs * Lessons learned and best practices from the US that can be applied to the UK / EU * Breach fatigue and the psychological impact of a breach; complex stakeholder management at multiple levels * Addressing the challenges of a third-party breach including data mining and notification covering multiple countries and languages Anshu Gupta President Integreon Speaker Jennifer Coughlin Founding Partner Mullen Coughlin Speaker Cameron Carr Partner Mullen Coughlin Speaker Virginia Romero Consultant – Incident Response Team S-RM Speaker Jonathan Taylor Cyber Services Director Integreon Moderator Sponsored By: 4:45 PM 4:45 PM - 4:45 PM GMT +0 (0 min) FUTURE TRENDS AND INNOVATION 4:45 PM - 5:30 PM GMT +0 (45 min) The rise of AI in cyber insurance: Opportunities or a wave of new threats? * Examine how cybercriminals exploit AI and Machine Learning to enhance the effectiveness of their attacks and uncover the new challenges introduced by this approach * Discuss how cybersecurity strategies should change in response to the evolving use of AI and ML in cyber attacks * Outline the key timelines and milestones for AI and cybersecurity advancements in the upcoming five years * With the rise of AI-related cyber risks, how might the liability framework evolve, particularly in terms of shared liability? What implications could this have for insurance premium pricing, and how can we ensure these remain accessible for clients? * Explore the impact of advancing AI technology on redefining war and utilising cyber weapons. Analyse the implications for international law and cybersecurity policies * Discuss the opportunities for insurers and brokers to utilise AI's data analysis and pattern recognition capabilities to improve product development, sales, underwriting, and claims management in cyber insurance? * Debate if there is a danger of becoming overly dependent on AI? Tanya Waeber Head of Cyber Generali Global Corporate & Commercial (Germany) Speaker George Beattie Head of Innovation CFC Underwriting Speaker Anthony Hess CEO Asceris Speaker Janthana Kaenprakhamroy CEO Tapoly Moderator Sponsored By: 5:30 PM 5:30 PM - 6:15 PM GMT +0 (45 min) What’s next? A look at the evolving threat landscape, emerging risks and the future of cyber insurance * What does the future of cyber threats look like and how will the industry change in the next year? * Discover how to transition from a mere tick-box, compliance requirement and business expense to maximising profitability in the realm of cyber insurance. With rising premiums and reduced coverage, will insurance become unaffordable? Will companies need to start choosing between cybersecurity mitigations or cyber insurance? * Drive innovation in cyber insurance by offering more comprehensive policies, creating tailored solutions and discuss ways that insurers and big tech can collaborate to create a healthy, thriving insurance market * Analyse the cyber market growth potential by overcoming challenges around distribution, tail-risk management, supply vs demand trends, and the need for greater transparency when it comes to security metrics, and data-sharing * Highlight emerging risks in cyber insurance such as lack of trust, quantum computing, supply chain security, the role of state actors, and the impact of cyber in non-cyber lines as cyber as a peril grows * Tackle the talent war and skills gap in cyber insurance through strategies like minimising turnover, enhancing retention, promoting diversity, equality, and inclusion, reskilling/upskilling to bridge skill gaps, and devising creative solutions for recruiting top talent. Chris Mc Murray Europe Cyber Lead Travelers Speaker Monica Tigleanu Cyber Strategy Director BMS Group Speaker Debbie Hobbs Head of Cyber, Tech and Media Miller Insurance Services LLP Speaker Matthew Hogg Global Cyber Product Leader Liberty Mutual Insurance Speaker Bill Zuill Editor Bermuda Re+ILS Moderator Sponsored By: 6:10 PM 6:10 PM - 6:15 PM GMT +0 (5 min) Closing remarks Wyn Jenkins Director of Publications Intelligent Insurer Speaker 6:15 PM 6:15 PM - 7:00 PM GMT +0 (45 min) Networking drinks Add to calendar: Google iCal Outlook Yahoo Looking for your ticket? Contact the organizer Add to calendar: Google iCal Outlook Yahoo Looking for your ticket? Contact the organizer