About
Last year saw many new developments and significant growth in the cyber risk insurance arena. New carriers are entering the market and new products, especially in the area of privacy exposures, are proliferating. As privacy and security breaches continue to make headlines – and increase in scope, costs and impact for businesses unlucky enough to experience one – it’s clear cyber risk insurance products are generating keen interest – and plenty of opportunities for growth.
American Conference Institute developed the inaugural Cyber Risk Insurance conference last September in Philadelphia – and the strong response and success of the event led us to develop the sequel, building on issues and developments that have emerged in the past year. This publication is your best opportunity to get the tools you need to evaluate the competition and accurately assess, price and mitigate risk so you can maximize your profitability while minimizing potential liabilities.
Get critical information on:
- Assessing the true costs of a data breach, including business interruption and lost opportunities
- Limiting liability for 3rd party acts or omissions
- Understanding how cyber risk pricing and product is changing so you can take advantage of the opportunities that lie ahead
- Properly identifying, assessing and underwriting risk – while making sure you avoid hidden traps and pitfalls
- Using information about where claims are arising and how they are being resolved to underwrite and sell the product more effectively
About
Last year saw many new developments and significant growth in the cyber risk insurance arena. New carriers are entering the market and new products, especially in the area of privacy exposures, are proliferating. As privacy and security breaches continue to make headlines – and increase in scope, costs and impact for businesses unlucky enough to experience one – it’s clear cyber risk insurance products are generating keen interest – and plenty of opportunities for growth.
American Conference Institute developed the inaugural Cyber Risk Insurance conference last September in Philadelphia – and the strong response and success of the event led us to develop the sequel, building on issues and developments that have emerged in the past year. This publication is your best opportunity to get the tools you need to evaluate the competition and accurately assess, price and mitigate risk so you can maximize your profitability while minimizing potential liabilities.
Get critical information on:
- Assessing the true costs of a data breach, including business interruption and lost opportunities
- Limiting liability for 3rd party acts or omissions
- Understanding how cyber risk pricing and product is changing so you can take advantage of the opportunities that lie ahead
- Properly identifying, assessing and underwriting risk – while making sure you avoid hidden traps and pitfalls
- Using information about where claims are arising and how they are being resolved to underwrite and sell the product more effectively
Contents & Contributors
CYBERRISK MARKET SURVEY 2008: PRIVACY CONCERNS AND
COVERAGE DRIVE STRONG INTEREST
Richard S. Betterley, CMC, Betterley Risk Consultants, Inc. (Sterling, MA)
NETWORK SECURITY RISK ASSESSMENT TO PROPERLY EVALUATE
AND UNDERWRITE RISK
Mark Greisiger, Net Diligence (Philadelphia, PA)
Oliver Brew, Hiscox USA (New York, NY)
THE RISKS OF NON-COMPLIANCE: CURRENT TRENDS IN FTC PRIVACY
AND SECURITY LAW ENFORCEMEN
Thomas A. Cohn, Venable LLP (New York, NY)
CYBER RISKS – WHAT POLICYHOLDERS ARE – OR SHOULD BE –
LOOKING FOR
Peter Foster, E&O Cyber Risks, Willis (Boston, MA)
George N. Allport, Chubb Specialty Insurance (Warren, NJ)
NETWORK BREACH DAMAGES: FACT VS. FICTION
Adam Sills, Darwin Professional Underwriters, Inc. (Farmington, CT)
Scott R. Ellis, RGL - Forensic Accountants and Consultants (Chicago, IL)
LESSONS LEARNED FROM CLAIMS MADE UNDER CYBER RISK POLICIES
Lori Nugent, Cozen O’Connor (Chicago, IL)
Publication Details