2017

Cyber Risk Insights Conference - London

March 07, 2017
08:00 – 18:00 GMT

etc. venues
Liverpool St – 155 Bishopsgate
London, EC2M 3YD
UK
020 3735 4400

Agenda

TimeSession
08:00 - 09:00

Breakfast & Registration

09:00 - 09:05

Welcoming Remarks

09:05 - 09:15

Opening Remarks by our 2017 Conference Co-Chairs

  • Jacqueline Spencer-Sim, Cyber Liability Class Underwriter, Novae
  • Sarah Stephens, Head of Cyber, Tech and Media E&O, JLT Specialty
09:15 - 09:45

Keynote Address

  • General Sir Richard Barrons KCB CBE, Commander, Joint Forces Command 2013-2016
09:45 - 10:30

Buyers Perspective

A panel of senior risk managers will discuss the challenges they face in identifying and addressing the cyber risk exposures of their organizations. Insurance solutions will be evaluated, and panelists will share their insights into how well the insurance market is addressing their cyber risk needs.

  • Sarah Stephens, Head of Cyber, Tech and Media E&O, JLT Specialty (Moderator)
  • Philippe Cotelle, Head of Insurance and Risk Management, Airbus Defence and Space
  • Emily Jenner, Head, Insurable Operational Risk, Standard Chartered Bank
  • Alan Kurth, Director of Risk Management, Marsh & McLennan Companies, Inc.
10:30 - 11:00

Morning Break

Track 1

Track 2

11:00 - 12:45

1100 – 1145 / How to identify cyber risk in your organization:

As the internet is becoming less of a ‘flat surface’ and more of a web that works around us, what new threats and risks are posed to your organisation? This session will address new technologies and how they are shaping the risk landscape. Panelists will discuss technologies, workflow issues, such as supply chain management and the Insider Threat posed by your own employees.

This session is sponsored by FICO.

  • Tim Stapleton, Senior Vice President, Cyber/Tech Product Manager Chubb (Moderator)
  • John Boles, Director, Navigant
  • Manish Karir, Director Product Management, FICO
  • Mark Lopes, Partner, Liberty Advisor Group

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1145 – 1245 / How do you quantify cyber threats in your organization?

This session will offer some practical tips on how to quantify cyber exposures and risk. Where can you go to find out? How do you distinguish between the various tools available? The panel will explain the regulatory and compliance landscape – outlining what standards and frameworks are in place and how to employ them in your business.

  • Matthew Hogg, Underwriting Manager, Strategic Assets Liberty Specialty Markets (Moderator)
  • Neil Hare-Brown, CEO, STORM Guidance
  • Ryan Jones, Director of Cyber Risk Intelligence, Cyber & Technology Division, BMS Group
  • Winston Krone, Managing Director, Kivu
  • Bret Padres, CEO, The Crypsis Group

1100 – 1145 / Breaking the Mould – How New Exposures are Shaping the Insurance Industry

Is the concept of ‘cyber insurance’ already becoming outdated? As technologies evolve, the risk landscape is transforming – with profound effects on the traditional insurance business model. This session will look at new risks – what is covered and what is not covered by cyber insurance? This session will explore how the insurance sector is responding with changes in business models and product initiatives.

  • Max Perkins, Senior Vice President, Global Cyber & Technology, Lockton Companies LLP (Moderator)
  • Russell Kirby, Account Engineering Group Manager, FM Global
  • Geoff Pryor-White, CEO, Tarian Agency Limited
  • Juliet White, VP, Underwriter Cyber / Technology, XL Catlin

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1145 – 1245 / Exposure Management in the Insurance Sector

The PRA is focusing on aggregation potential from ‘silent’ cyber exposures, including from the IoT and widespread use of the Cloud. The recent Dyn attack in the US has highlighted how cyber attacks can proliferate in unexpected ways. How is the insurance industry tackling aggregation? Is the solution robust enough?

  • Patrick Bousfield, Broker, Capsicum Re (Moderator)
  • Nick Beecroft, Director, Product Innovation & Strategy, Sciemus
  • Oliver Brew, Global Head of Cyber Risk, Aspen Insurance
  • Rory Egan, Cyber Consultant, MunichRe
  • Ashwin Kashyap, Director – Product Management, Symantec
  • Scott Stransky, Assistant Vice President, Principal Scientist Research and Modeling, AIR Worldwide
12:45 - 13:45

Conference Luncheon

Help Us to Create ‘Actionable Intelligence’

Advisen is exploring how to generate “actionable intelligence” as it continues to look at different ways to help address the data challenges facing the cyber insurance industry. Do you want to be part of the conversation?

This workshop will discuss how Advisen’s proprietary loss database and various levels of analysis from the company to peer group level can further support the decision making process.

Please join Advisen for this lunch workshop as we discuss our strategy to elevate our product offerings through “actionable intelligence”.

Track 1

Track 2

13:45 - 15:00

1345 – 1430 / What is covered under a cyber policy?

This session will outline the covers under a cyber insurance policy and look at some of the ways it is changing. The panel will address issues such as extortion, social engineering, online payment schemes and reputational issues.

  • Erica Constance, Senior Vice President, Paragon International Insurance Brokers Ltd (Moderator)
  • Laila Khudairi, Deputy Underwriter, Tokio Marine Kiln
  • Edward Smerdon, Partner, Sedgwick, Detert, Moran & Arnold LLP
  • Matthew Webb, Group Head of Cyber, Hiscox

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1430 – 1500 / Engaging the C-suite: How to get buy-in for insurance?

Increasingly, the Board of Directors and the CISO are involved in insurance-buying decisions. How do you engage the various stakeholders to make risk transfer decisions?

  • David Bradford, Co-Founder & Chief Strategy Officer, Advisen (Moderator)
  • Michael Bruemmer, Vice President, Data Breach Resolution Group, Experian
  • Wendel Verbeek, Director, London, Brunswick Group

1345 – 1430 / Art versus Science

How do carriers assess a ‘good risk’? This session will discuss the increased application of technology in the traditional underwriting process. Investment in Insurance Technology start-ups is at an all-time high. What impact will this development have on the underwriting process? The panel will look at synergies and conflicts between vendor tools and the application process and ask how intrusive the underwriting process should be.

  • Bob Parisi, Managing Director, Marsh (Moderator)
  • Roger Francis, Security Consulting Services, Mandiant, A FireEye Company
  • Jacob Olcott, Vice President – Strategic Partnerships, BitSight Technologies
  • Dan Trueman, Chief Innovation Officer and Head of Cyber, Novae

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1430 – 1500 / Communication and Confidentiality – The Privacy Debate

Speakers will discuss the types of information shared between insurer and buyer and address confidentiality. How do you establish a trusted dialogue between buyer and insurer? How confidential is the claims notification process? What’s the right amount of information to enable underwriters to tailor-make coverage to a buyer’s needs?

  • Vince Vitkowsky, Partner, Seiger Gfeller Laurie LLP (Moderator)
  • Phil Mayes, Senior Class Underwriter, Talbot Underwriting
  • Margaret Murphy, Claims Director, CFC
15:00 - 15:30

Afternoon Break

15:30 - 16:15

Claims and Volatility

How many claims are being made – and paid – under insurance policies? How does claims activity affect the availability of insurance cover? This session will address claims trends and discuss how to explain volatility to buyers.

  • Hans Allnutt, Partner, DAC Beachcroft LLP (Moderator)
  • Noona Barlow, European Head of Liabilities & Financial Lines Claims, AIG
  • James Burns, Cyber Product Leader, CFC
  • Ben Hobby, Partner, RGL Forensics
  • Glyn Thoms, Executive Director Cyber & TMT, Willis Towers Watson
16:15 - 17:00

Reaching Capacity?

This session will look at insurance buying trends and address available capacity in the insurance market. How much cyber insurance should you buy? Is there enough capacity? Is the market profitable and sustainable?

  • Jacqueline Spencer-Sim, Cyber Liability Class Underwriter, Novae (Moderator)
  • Alec Cramsie, US TMB Team Leader & Underwriter, Beazley
  • Jack Lyons, Partner – Cyber, Content, and New Technology Risks Team, JLT Specialty
  • Peter Schwartz, Consultant, Holman Fenwick Willan LLP
17:00 - 18:00

Closing Remarks & Reception

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Attendees

We consistently deliver an audience that is comprised of 20% Risk Managers & Insurance Buyers, Brokers (20%), Insurance Carriers (36%), Lawyers (6%), Service Providers (9%) and other insurance professionals (9%).

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