Global Taxes

Session details

Challenges for the Insurance Industry

30 Mar - 31 Mar 2017

Session information

A buyer's guide to cyber insurance

Committee(s)

Insurance Committee (Lead)
European Regional Forum

Description

Once an incident occurs and an investigation is necessary, it is too late to then try to understand the company’s cyber liability insurance coverage. Cyber policies vary widely, with dramatic differences in coverage. This panel will provide a comprehensive review of cyber liability insurance, including: • an overview of a typical cyber liability insurance policy • the typical structure for a cyber-insurance program • unique coverage issues • key provisions that are negotiated in a cyber-liability insurance policy • selection of the right policy limit and retention • claims handling requirements. The panel will discuss the usefulness of the cyber policy as one of several tools to address what many view as the inevitable security breach.

Session / Workshop Chair(s)

Scott Lashway Holland & Knight LLP, Boston, Massachusetts, USA

Speakers

Alessandro Beazley Beazley Insurance, London, England
Renette Pretorius Aon Risk Solutions, London, England
Brian Scarbrough Jenner & Block LLP, Washington, District of Columbia, USA
Stefan Segger Segger Rechtsanwaltsgesellschaft mbH, Cologne, Germany