Replacement Reset: Five Strategies to Better Align Insurance to Value

Insurance companies face revenues erosion due to cyber threats. The advent of digitization has led to an increased demand for companies to protect themselves from data leaks since hackers and network failures pose greater risks to confidential data and operations. HUB Security is thrilled to host a panel of experts to discuss the key issues and solutions at our online event, "Cyber and Insurance: Threats & Solutions" on July 14th at 12 pm (EST). The panel will consist of Cyber and Insurance experts from leading companies (Scor, Gallagher, Tokio Marine HCC, Virtual I, SecurityScorecard). Discussions will focus on the present cyber threats and the ways they affect the economics of cyber insurance, as well as on key questions such as: What are the benefits of risk management insurance? Why is it so difficult to qualify for insurance? What are the challenges of filing a claim? Why are insurance premiums so high and what can be done about it? What are the future trends in cyber insurance?

The insurance industry has long worked under the assumption that cyber claims, or cyber incident response, should be led by a lawyer or IT specialist. While legal and IT services are essential components of cyber claims handling, and the cyber provider ecosystem, their expertise is necessary at the right time and not necessarily for every situation that transpires. Dedicated project management can help to streamline the cyber claims process.

Passive investing has grown in relative size and importance over the years, and this trend seems likely to continue if not accelerate. It is now more important than ever for corporate issuers to understand the methodologies of index inclusion and dynamics of ETF trading.

Join Director and Consulting Actuary Linda Brobeck and Consulting Actuary Tom Kolde for an overview of cluster analysis, an unsupervised machine learning technique used to manage high-dimensional, correlated data. Topics for discussion include data and input requirements, interpreting output and practical insurance applications.