Cyber Risk Insurance (understanding the relationship between the cover and Professional Indemnity and Crime Insurance) - Searchlight Insurance Training

Cyber Risk Insurance (understanding the relationship between the cover and Professional Indemnity and Crime Insurance)

Organisations use of the internet, the cloud and other new technologies is expanding and the insurance available to protect them from these risks continue to change.

This highly participative workshop concentrates on the cover provided by cyber risk insurance policies and how they dovetail with professional indemnity and crime covers..

Although no specific cyber insurance knowledge is required, a good level of knowledge of general commercial insurance risks is recommended.

Level: n/a

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

Delegates who successfully complete this workshop will be able to:

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

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

Describe the extent of cover provided by Professional Indemnity and Crime insurance policies

Outline the significant exclusions of the three insurances and how the covers relate to each other

Identify the various cyber risks and consider the policies available in the United Kingdom to cover such risks First party and Third Party covers

Consider the cover provided by conventional insurance?

Review of the cover provided by Professional Indemnity and Crime insurance policies.

What is excluded? What cover can be bought back as extensions or separate policies?

Claims triggers

Which types of organisation typically need what covers