2016 Cyber Risk Insights Conference – London

February 09, 2016

08:00 - 18:00 GMT 

155 Bishopsgate

Liverpool St - 155 Bishopsgate 

London, EC2M 3YD

UK

020 3735 4400

Advisen again brings its acclaimed Cyber Risk Insights Conference series to Europe with a full-day event in London addressing the critical privacy, network security and cyber insurance issues confronting risk professionals and their organisations. An expert faculty comprised of leaders in network security, regulation, law enforcement, risk management and cyber risk insurance will offer their insights on managing risk on a rapidly evolving and increasingly dangerous threat landscape. This day of learning and networking for risk managers, CISOs, CROs, insurance brokers, underwriters, reinsurers and other risk professionals will present a global perspective on cyber threats, but also will examine how the European business and regulatory environment influence cyber risk management decisions.

Read more at http://www.advisenltd.com/events/conferences/09/02/2016-cyber-risk-insights-conference-london/

2016 Cyber Risk Insights Conference – London, Advisen Events (February 09, 2016), available with registration at www.advisenltd.com.

Overcome by Cyber Risks?

January 2016

The Internet and related information and communications tools have delivered enormous benefits to the global economy. These gains, however, are expected to tail off as the technologies become more ubiquitous, while the costs and associated risks look set to rise. The million dollar question, then, is whether the costs outweigh the benefits and what we can do to ensure the best possible outcome.

Zurich Insurance Group and the Atlantic Council’s Brent Scowcroft Center on International Security teamed with the Pardee Center for International Future to conduct an extensive quantitative analysis of this issue. Their findings are published in a new report, Risk Nexus: Overcome by cyber risks? Economic benefits and costs of alternate cyber futures.

This content originally appeared in Advisen Ltd. To read the paper, you must download the Overcome by cyber risks? Report.

Unlocking the Value in Cyber Data: Getting a Clearer View of Risk

January 2016

Advisen wrote a white paper that discusses the importance of evaluating the cyber risk of an organization, as well as underwriting and pricing cyber liability coverage. It looks at the importance of combining technology and insurance to improve chances that an organization can more quickly recover from a cyber attack. The free, 8-page paper is sponsored by PivotPoint.

Mitigating Cybersecurity Risks 

Cyber risks have become a major threat that many organizations are wondering whether or not their cybersecurity investments are properly deployed and their insurance programs are as effective as possible.

This content originally appeared in Advisen Ltd. To read the paper, you must download the Unlocking the Value in Cyber Data: Getting a Clearer View of Risk Report.

Safety and Regulatory Trends in Child Day Care

January 2016

Advisen wrote a white paper that examines the current state of child day care in the United States. It looks at current trends in child day care safety, discusses the current regulatory environment, and provides actionable suggestions for how child day care service providers can effectively mitigate risk. The free, 8-page paper is sponsored by CapSpecialty Inc.

Managing Risks in Child Day Care Centers

While it is true that most states have basic health and safety requirements governing child care centers, majority of facilities do not meet the standards set by experts in terms of ensuring child safety and well- being.

This content originally appeared in Advisen Ltd. To read the paper, you must download the Safety and Regulatory Trends in Child Day Care Report.

Cybercriminals Stole More Than Data in 2015: Kaspersky Report

Mobile devices and financial institutions became primary targets for cybercriminals to steal money directly from individuals in 2015, according to a new report from Kaspersky Labs, which took a look at the type of cyber events that occurred most frequently this year and made predictions for the future.

While data breaches at large retailers seem to grab headlines and prompt litigation, Kaspersky found that targeted advanced persistent threat (APT) attacks against banks, government agencies, and other high-profile organizations rose in 2015. Not content to steal names, addresses, Social Security numbers, and other personally identifiable information, criminals interested in money and state secrets more assertively entered the cyber fray this year.

Read more at http://www.advisenltd.com/2016/01/12/cybercriminals-stole-more-than-data-in-2015-kaspersky-report/

Ayers, Erin. “Cybercriminals stole more than data in 2015: Kaspersky report.” Advisen. Advisen Store, 12 January 2016. Web. 20 January 2016.

Cyber Represents Growth Area for Reinsurers: Aon Report

Reinsurers see cyber risk as a necessary area to offer capacity to meet the growing demand on primary insurers from clients and despite the prevalence of data breaches, the reinsurance industry should be able to meet the need, according to a new report from Aon.

“While there is still headline risk from recent data breaches such as Anthem, Inc., Premera Blue Cross, Experian / T-Mobile, and Ashley Madison, it still remains an opportunity for many who are willing to invest in resources to understand the dynamics of cyber as a peril and product,” noted Aon in its report.

Read more at http://www.advisenltd.com/2016/01/12/cyber-represents-growth-area-for-reinsurers-aon-report/

Ayers, Erin. “Cyber represents growth area for reinsurers: Aon report.” Advisen. Advisen Store, 12 January 2016. Web. 18 January 2016.

European D&O Communication More Transparent, Informed

Increased interest by directors and officers in the level and scope of coverage provided by their D&O policy is changing the role of the European risk manager.

According to a panel of risk managers at Advisen’s virtual European Executive Risk Insights Conference (EERIC), there is increasingly a need to provide information.

“Besides being up to date about the technical aspects of D&O insurance, risk managers must provide much more education and explain how the D&O program is designed to respond,” explained Martine Hecq, manager in charge of financial lines, nuclear insurance and captive vehicles, ENGIE.

Read more at http://www.advisenltd.com/2016/01/12/european-do-communication-more-transparent-informed/

Bradford, Josh. “European D&O communication more transparent, informed.” Advisen. Advisen Store, 12 January 2016. Web. 15 January 2016.

US House Committee Seeks Advice From Private Sector on Battling Cyber Threats

Federal lawmakers last week sought to learn from the private sector how to better deal with cyber attacks during a hearing of a subcommittee of the US House of Representatives Committee on Science, Space, and Technology.

The key, according to those testifying, appears to be effort, commitment, and progress on improving, rather than good intentions.

Read more at http://www.advisenltd.com/2016/01/12/us-house-committee-seeks-advice-from-private-sector-on-battling-cyber-threats/

Ayers, Erin. “US House committee seeks advice from private sector on battling cyber threats.” Advisen. Advisen Store, 12 January 2016. Web. 13 January 2016.

Advisen's Loss Database Now Exceeds 300,000 Cases

The most expansive collection of loss data breaks new boundaries in the quest to showcase indicative loss examples and fuel predictive models.

Advisen recently announced that its proprietary loss data, available in Loss Insight, now provides access to more than 300,000 cases, events, or actions. This large volume of loss data is housed in a structured, relational database,and is mapped to 20 million insureds. Clients use Advisen’s loss data to power predictive models, contribute to insurance carrier strategy, inform the selection of insurance limits, and provide peer loss examples to brokers, risk managers, and corporate board members.

Advisen’s loss database contains more than 7,000 loss cases, events, or actions relating to property risks. The database includes losses from numerous risk categories, among them losses pertaining to manufacturing plants, buildings, and refineries. This data, in conjunction with the twice-weekly Front Page News summary of property related news, gives professionals specializing in property risks a more holistic view of the property risk landscape.

Read more at http://www.advisenltd.com/2015/12/09/advisens-loss-database-now-exceeds-300000-cases-property/

"ADVISEN’S LOSS DATABASE NOW EXCEEDS 300,000 CASES." Advisen. Advisen Ltd, 9 December 2015. Web. 11 January 2016

Quarterly D&O Claims Trends: 2015 Wrap Up

January 26, 2016

11:00 am - 12:00 pm ET 

Advisen will host a webinar and write a white paper that examines the D&O claims trends for the fourth quarter of 2015. On January 26, RT ProExec’s Kevin LaCroix, Advisen’s Jim Blinn and a panel of experts will discuss the frequency and severity of securities suits in Q4 2015 and share their insights on emerging trends on securities litigation.

Panelists

The following panelists will participate in the webinar:

Kevin LaCroix, RT ProExec, a division of RT Specialty, and author of the D&O Diary

Jim Blinn, Executive Vice President, Information & Analytics Division, Advisen (moderator)

Click here to register for the event: http://www.advisenltd.com/events/webinars/2016/01/26/quarterly-do-claims-trends-2015-wrap-up/