Presents

Cyber Insurance

21 September, 2017
Grosvenor Place
225 George St, Sydney NSW

Presents

Cyber Insurance

21 September, 2017
Grosvenor Place
225 George St, Sydney NSW

Presents

Cyber Insurance

21 September, 2017
Grosvenor Place
225 George St, Sydney NSW

Examining how new exposures are reshaping the insurance industry

With ongoing technological advances and the growing value of data, cyber security insurance is rapidly evolving as the top priority in the boardroom.

However the cyber insurance industry is still in its infancy and while it struggles to mature at warp speed, more and more organisations are demanding cyber coverage with the aim to spread the financial risk from data breaches. 

As it is very difficult in cyber to judge the exact financial cost of an incident should a breach occur – how will insurance companies align premiums and payouts to uncertain security postures and costs?

The Cyber Insurance Forum will bring together the insurance industry together with the cyber industry to raise business awareness of how well the insurance market is identifying and addressing the cyber risk exposures of organisations, and will discuss how the risk landscape is transforming – with profound effects on the traditional insurance business model with new standards and frameworks.

 

Challenges the forum will address:

  • The immediate future of the cyber insurance industry - is the aggregation of risk too great for the private sector and are government backstops required?
  • The privacy debate - what is the right amount of information needed to enable underwriters to tailor-make coverage to a buyer’s needs and does this information breach privacy laws?
  • Capability lift – how can the IT Security industry collaborate to create holistic approaches to cyber cover?
  • IoT – what changes are in store for coverage frameworks as the number of connected devices increase exponentially?

 

Why Attend:

The event offers one of the first forums in Australia on cyber insurance, offering a unique opportunity to network with underwriters, brokers, claims managers, IT Security experts and industry leaders.

The event will help attendees keep pace with the ever-changing cyber insurance market and is the only event in the market to bring the latest regulatory and enforcement priorities straight from federal and state governments.

 

Who will be there:

  • CEOs
  • Chief Underwriters
  • Chief Claims Officers
  • Chief Risk Officers
  • General Counsel
  • Chief Information Security Officers
  • Divisional Heads of Data Risk Management
  • Divisional Heads of Product Development and Pricing
  • Cyber Liability Managers

 

 

Agenda

7:30am

Registration and hot breakfast

7:55am

Opening remarks by InnovationAus.com

James Riley, Editorial Director, InnovationAus.com

8:00am

Ministerial Address

To Be Confirmed

8:10am

How government and insurers can work together to develop the cyber insurance space

Alastair MacGibbon, Special Adviser to the Prime Minister on Cyber Security and Head of the Australian Cyber Security Centre

8:25am

How to address the data challenges facing the cyber insurance industry

Speaker To Be Confirmed

8:35am

How do shareholders measure security incidents and how does this impact cyber insurance?

Claudia Warwar, Cyber Security Principal - Business Technology Services, Telstra

8:45am

Panel moderator:

James Riley, Editorial Director, InnovationAus.com

 

Panellists:

Christopher Mackinnon, General Representative in Australia, Lloyds of London

Alastair MacGibbon, Special Adviser to the Prime Minister on Cyber Security, PMC

Teresa Aquilina, Senior Vice President, Guy Carpenter

John Moran, Partner, Norton Rose Fulbright

Claudia Warwar, Cyber Security Principal - Business Technology Services, Telstra

9:30am

Morning tea and networking

10:00am

Automated vehicles, wearable devices, drones and other new and emerging areas of threat - implications and opportunities for insurers

Ben Prangell, Director New Product Operations, IAG

10:15am

Quantifying Risk: closing the chasm between cyber security and cyber insurance

Speaker To Be Confirmed

10:25am

Leaving nothing subject to interpretation – developing standard definitions for cyber insurance

Speaker To Be Confirmed

10:35am

Cyber attacks and risk aggregation – how IT and insurance industries can collaborate to tackle the “perfect storm”

Speaker to be confirmed

10:45am

Panel Discussion: How will the insurance industry prepare for the next generation ransomware and new attack scenarios?

Panel moderator:

James Riley, Editorial Director, InnovationAus.com

 

Panellists:

Andrew Taylor, Head of Management Liability and Cyber, Chubb

               

11:30am

Closing remarks from InnovationAus.com and close of event

Event Partner

Covata

Supporting Partners

NIBA
UAC

Official Event Host

Norton Rose Fulbright
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