Subcontractor Default Insurance

Cyber has emerged as one of the fastest growing lines of insurance globally cyber-insurance-underwriting-slides-150x112with over 70 insurance carriers underwriting the cyber risk of companies. But how does the security industry’s view about what makes a good or bad risk differ from the emerging consensus from cyber underwriters? In this webinar, panelists shared results of an analysis that compares the views of 10 leading Cyber Insurance underwriters, leading Fortune 1000 CISOs and the Symantec Cyber Insurance underwriting team. Sponsored by Symantec, the free, one-hour webinar revealed substantial disagreement within the underwriting community, as well as between underwriters and CISOs about how to analyze a risk.

The threats may be changing, but the result stays the same — Business Interruption is one of the top risks for companies year after year. To no surprise, the impact of Business Interruption can be hard to measure and have a tremendous effect on a company’s revenue. Whether the threat is through Cyber Incidents, Fire/Explosion, Natural Catastrophes, Supplier Failure, or Machinery Breakdown, Business Interruption coverage is a challenging coverage to write and adjust. To add to the complexity, today’s political and business landscape can cause abrupt regulatory or licensing changes, adding an additional layer of uncertainty.

There are significant changes ahead for the UK data landscape, its legal framework, and its regulatory regime. The UK Government has launched its National Data Strategy and made proposals for a new direction for data while the FCA is investing more than £120m over three years to become a data-led regulator. The CMA, the ICO and Ofcom are working together in the Digital Regulatory Cooperation Forum on their approach to digital and online services to support regulatory coordination.

Don‘t miss us at the Brazil InsurTech virtual event from Oct 19-20. As a major InsurTech event in Latin America, this event is a platform to showcase solutions and startups that foster industry innovations and growth and increase industry's financial and operational efficiency. The InsureMO LATAM team - Rafael Cecchini Rodrigues, Rodrigo Poppi, and Weliton Costa are looking forward to meeting with you at our virtual booth where the team will share some latest updates from our PaaS and SaaS solutions.