Cyber Risks Insurance - Intermediate - Searchlight Insurance Training

Cyber Risks Insurance – Intermediate

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 both conventional insurance covers and those specifically designed to protect against cyber risks.

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

Level: Intermediate

Duration: 1 day(s) CII CPD Hours: 6
     

WORKSHOP OBJECTIVES

Understand the main cyber risks and which types of customer could benefit from insurance against cyber risks

Understand the extent of cover provided by conventional insurance policies against cyber risks

Understand the policy cover, conditions and exclusions of specialist cyber risks insurance policies in the UK

Consider the major risk, underwriting and rating considerations of cyber risks insurance

Understand how cyber risk insurance claims arise and the issues of dealing with these claims

WORKSHOP CONTENT

What are cyber risks?

The impact of cloud computing on cyber risks

The cover provided by conventional insurance policies against cyber risks

The cover, conditions and exclusions of specialist cyber risks insurance policies in the UK:

  • liability
  • system damage
  • business interruption

How cyber risks policies relate to other covers such as professional indemnity and crime

The cyber policy market, insurers’ information requirements and underwriting considerations

Examples of cyber risks insurance claims and the issues  of dealing with such claims