Cyber Risks Insurance – Advanced 2 day course including policy comparisons - Searchlight Insurance Training

Cyber Risks Insurance – Advanced 2 day course including policy comparisons

Information technology is rapidly changing and so is the insurance available to cover the cyber risks which arise.

This highly participative workshop looks at the cover provided by various types of cyber risk policies, and especially how to identify the right cover for your client. Over the two days several different policies by the main cyber insurers will be reviewed and compared.

A fair knowledge of cyber risk insurance is required, a good level of general property, BI and liability knowledge is recommended.

Level: Advanced +

Duration: 2 day(s) CII CPD Hours: 12
     
  • Understand the various cyber risks faced by organisations
  • Understand the extent of cover provided by different cyber risk policies and the key differentiators between insurers
  • Understand the BI section of a cyber risk policy including loss measurement
  • Know what a fair presentation of a cyber risk needs to include and why
  • Understand the issues of dealing with cyber claims

Discussion on :

  • What are cyber risks, including emerging cyber risks and physical damage
  • Legal and legislative developments affecting cyber risk
  • The cover provided by a ‘standard’ modular cyber risks policy i.e. more than data breach only
  • How cover differs between policies /insurers – including a comparison of at least 5 different policies from different insurers
  • How to identify which policy is right for your client including the specific issues faced by different sectors such as PCI penalties
  • The issues of the BI cyber cover, including setting the sum insured and measuring a loss
  • The fair presentation of a cyber risk
  • The issues of dealing with cyber claims