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Practical Takeaways for a Healthy European Cyber Market Sponsored - PowerPoint PPT Presentation

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Practical Takeaways for a Healthy European Cyber Market Sponsored By: 1 Practical Takeaways for a Healthy European Cyber Market www.cyberrisknetwork.com www.advisenltd.com Recording of todays webinar Copy of these slides 2

  1. Practical Takeaways for a Healthy European Cyber Market Sponsored By: 1

  2. Practical Takeaways for a Healthy European Cyber Market www.cyberrisknetwork.com www.advisenltd.com • Recording of today’s webinar • Copy of these slides 2

  3. About Advisen Advisen generates, integrates, analyzes and communicates unbiased, real-time insights for the global community of commercial insurance professionals. As a single source solution, Advisen helps the insurance industry to more productively drive mission-critical decisions about pricing, loss experience, underwriting, marketing, transacting or purchasing commercial insurance. www.advisenltd.com 3

  4. Many Thanks to our Sponsor! 4

  5. Today’s Moderator Rebecca Bole Director Editorial Strategy & Products Advisen Ltd. 5

  6. Today’s Panelists Kyle Bryant Regional Cyber Manager Continental Europe ACE Sarah Stephens Head of Cyber & Technology Practice JLT 6

  7. Today’s Panelists Vijay Rathour Vice President Stroz Friedberg Susannah Wakefield Partner Taylor Wessing 7

  8. What is unique about the European cyber market? Rebecca Bole Advisen Vijay Rathour Susannah Wakefield Kyle Bryant Sarah Stephens Stroz Friedberg Taylor Wessing ACE JLT 8

  9. What specific legal and regulatory challenges does Europe face? Rebecca Bole Advisen Vijay Rathour Susannah Wakefield Kyle Bryant Sarah Stephens Stroz Friedberg Taylor Wessing ACE JLT 9

  10. What can Europeans learn from the handling of cyber breaches and system outages in the US and other markets? How is technology/IT security used uniquely in Europe? Rebecca Bole Advisen Vijay Rathour Susannah Wakefield Kyle Bryant Sarah Stephens Stroz Friedberg Taylor Wessing ACE JLT 10

  11. Can you offer some practical takeaways, or best practices for the audience? Rebecca Bole Advisen Vijay Rathour Susannah Wakefield Kyle Bryant Sarah Stephens Stroz Friedberg Taylor Wessing ACE JLT 11

  12. Best Practices for Clients • Prepare for a cyber security incident – develop vendor relationships, know who you will involve internally and externally • Test your process • Identify primary concerns and clearly convey them to your broker or carrier prior to proposals 12

  13. Best Practices for Brokers/Carriers • Listen to the needs of the client • Tailor the insurance purchase • Engage persistently as risks evolve, not only at renewal • Learn from experience – engage with breach vendors, legal experts, and clients to enhance solutions 13

  14. We’ve looked at some of the unique issues facing European businesses. How should the European insurance market be responding? Rebecca Bole Advisen Vijay Rathour Susannah Wakefield Kyle Bryant Sarah Stephens Stroz Friedberg Taylor Wessing ACE JLT 14

  15. Do you think the unique elements, mentioned previously will endure? ​ Rebecca Bole Advisen Vijay Rathour Susannah Wakefield Kyle Bryant Sarah Stephens Stroz Friedberg Taylor Wessing ACE JLT 15

  16. Many Thanks to our Sponsor! 16

  17. Thanks to our Panelists Kyle Bryant Regional Cyber Manager Continental Europe ACE Sarah Stephens Head of Cyber & Technology Practice JLT 17

  18. Thanks to our Panelists Vijay Rathour Vice President Stroz Friedberg Susannah Wakefield Partner Taylor Wessing 18

  19. Practical Takeaways for a Healthy European Cyber Market www.advisenltd.com • Recording of today’s webinar • Copy of these slides 19

  20. Subscribe to the Cyber Risk Network • The ACE-sponsored Cyber Risk Network is the definitive authority for anyone involved in or interested in the cyber insurance risk sector. • We offer exclusive news, analysis, and data, driven by Advisen’s unparalleled cyber database. • Members will enjoy the following network benefits: -Access to Advisen’s proprietary data -Leverage Advisen’s domain expertise for exclusive news and analysis -Exclusive networking opportunities within niche communities • Learn more via - http://www.cyberrisknetwork.com/about/ 20

  21. Upcoming Advisen Conferences Save the Date! 2015 Cyber Risk Insights Conference- London Tuesday, 10 February 2015, at 8am GMT The Willis Building, London, UK 2015 Cyber Risk Insights Conference- San Francisco Tuesday, March 3, 2015 at 8am PST Sir Francis Drake Hotel, San Francisco, CA Visit http://www.advisenltd.com/events/conferences/ for the conference schedule 21

  22. Contact Us Advisen Ltd. 1430 Broadway 8 th Floor New York, NY 10018 www.advisenltd.com Phone: +1.212.897.4800 advisenevents@advisen.com 22

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