Cyber Risks Insurance - Introduction (Half Day) - Searchlight Insurance Training

Cyber Risks Insurance – Introduction (Half Day)

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.

Although no specific cyber risk insurance knowledge is required, a good level of general property and liability knowledge is recommended.

Level: Introduction

Duration: 0.5 day(s) CII CPD Hours: 3
     
  • Identify which types of customer could benefit from insurance against cyber risks
  • Describe the extent of cover provided by conventional insurance policies against cyber risks
  • Describe the policy cover, conditions and exclusions of specialist cyber risks insurance policies in the UK
  • Outline the major risk, underwriting and rating considerations of cyber risks insurance
  • Outline the main considerations when dealing with cyber risks insurance claims

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
  • 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
  • Insurers’ information requirements and underwriting considerations for cyber risks insurance
  • The main considerations when dealing with cyber risks insurance claims