Unveiling innovation in cyber risk and insurance
A groundbreaking conference, Cyber Risk & Insurance Innovation Europe 2024, dedicated to addressing the challenges and opportunities in the cyber insurance market, is set to take place on February 8, 2024, in London.
More than 200 attendees, including policyholders, global re/insurers, brokers, managing general agents, solution providers, industry bodies, and regulators, will convene for this full-day event featuring over 50 speakers across 20 sessions.
Intelligent Insurer, the publication behind the event, wanted to create an event dedicated to exploring how the cybercrime landscape has evolved in recent years—and how the cyber insurance market is responding amid volatile market conditions and a threat that changes and evolves constantly.
To be held at the America Square Conference Centre in London, the event will address the many challenges and issues affecting policyholders, global re/insurers, brokers, managing general agents, solution providers, industry bodies and regulators.
The event will provide key stakeholder insights into the current state of the cyber insurance market, and address major concerns regarding cybersecurity risk, assessment, underwriting challenges, and growth opportunities.
Attend Cyber Risk & Insurance Innovation Europe 2024 as 50+ senior executives from Bentley, Aon, Hiscox, Generali, Travelers, HDI, Marsh, Lockton, Paragon, Howden, Canon,Vodafone, Aviva, and many more examine the unique risks and opportunities senior executives operating in this space must grapple with when making strategic decisions around underwriting, risk management and mitigation.
Delegates will hear directly from leaders from some of the biggest cyber players, who will help map a pathway to how to underwrite this risk profitably and achieve growth. The event will also offer expert insights on the changing dynamic between re/insurers and buyers around cyber risks, explore new ways of understanding and managing the risks, and discuss how carriers can adjust and realign their underwriting appetite to achieve sustainable insurability and sufficient capacity in a volatile market.
Helen Raff, Director, Event Portfolio at Intelligent Insurer, said: “As the digital landscape evolves, cybercrime emerges as a formidable and escalating threat. Recognising the paramount significance of addressing this issue, industry leaders are turning their attention to the pivotal role of a robust cyber insurance market. Projections indicate exponential growth, with the sector nearly doubling in size over the next five years.
“However, significant challenges come hand in hand with the rapid ascent of the cyber insurance market in the past decade. A surge in cybersecurity attacks propels premiums skyward, while reduced capacity and restricted coverage pose additional hurdles. Striking a delicate balance between meeting buyers’ demand for affordable cyber cover and safeguarding insurers from systemic losses becomes an imperative.
“At our upcoming event, we aim to unravel the complexities surrounding this dynamic landscape. Join us as we explore strategic solutions and illuminate the path towards a sustainable and affordable cyber insurance market for all stakeholders involved.”
Featuring more than 50 cyber insurance specialists as speakers and delivering a full day of networking and thought-provoking content, the event will deliver a powerful combination of in-depth case studies, interactive roundtables and lively panels designed to deliver the
strategic insight that insurance executives need to instigate and deliver innovation in this fast-evolving and complex space.
The speakers and panellists are all experienced professionals with specific knowledge and hands-on expertise working on the front line of this rapidly changing landscape.
Here’s a snapshot of what some of the speakers have said:
“We want to see a mature market evolving to provide certainty for insureds. Helping clients improve their cyber risk maturity is part of that. Cyber insurers need to innovate to stay relevant.” - Daljitt Barn, Global Head of Cyber and Head of the Cyber Centre of Excellence,
Tokio Marine Group
“One of the biggest challenges in cyber is producing accurate and reliable claims data to assist underwriters and actuaries in risk management, risk selection and pricing. Attack vectors, tactics and vulnerability exploits are ever-changing, which requires a very agile and adaptable system for data capture.” - Duncan Pease, Head of Cyber Claims International,
Axis Capital
“The biggest challenge in cyber is to stay relevant with clients’ business models. Cyber insurers can stay relevant by embracing new technologies in their own businesses and put together data strategies to inform their pricing and administrative side of broking and
underwriting.” - Monica Tigleanu, Cyber Strategy Director, BMS Group
Run by Intelligent Insurer, the leading digital hub for senior insurance executives, brokers and insurtechs, the event will feature leading industry figures, including:
● Andrew Robson, CISO, Bentley
● Kelly Butler, UK Cyber Leader, Marsh
● Alistair Clarke, Head of Cyber and Commercial, E&O (UK), Aon
● Lucy Scott, Partner and Head of Global Cyber and Technology, Lockton
● Shay Simkin, Global Head of Cyber, Howden
● Justyna Pikinska, Global Head of Cyber Analytics, Gallagher Re
● Jonas Schwade, CEO, Cysmo Cyber Risk
● Daljitt Barn, Global Head of Cyber and Head of the Cyber Centre of Excellence, Tokio Marine
● Andy Thomas, CEO, KYND
● Stephen Ridley, Head of Cyber, Aviva
● Duncan Pease, Head of Cyber Claims International, Axis Capital
● Ed Ventham, Co-founder, Assured
● Alana Muir, Head of Cyber Hiscox
● Chris McMurray, MD: Cyber, Travelers
● Piers Tuggey, Head of Cyber, Chaucer Group
● Vanessa Leemans, Head of Cyber UK & Lloyd's, AXA XL
● Jürgen Reinhart, Chief Underwriter Cyber, Munich Re
● Tanya Waeber, Head of Cyber, Generali
● William Wright, Partner and Director, Paragon
● Monica Tigleanu, Cyber Strategy Director, BMS Group
● Dimaggio Rigby, Head of Cyber, Media and Technology, United Insurance Brokers
● John Pennick, Financial Risks Director, Berkeley Insurance Group (Cyber Committee Chair, BIBA)
● Fergus Reynolds, Head of Third-Party Capital, IQUW
● George Beattie, Head of Innovation, CFC Underwriting
● Laure Zicry, Head of Finex Cyber, Western Europe, WTW and more
Reasons for delegates to attend:
● Stay ahead in cyber risk: Stay current in the rapidly evolving field of cyber insurance. Navigate the dynamic threat landscape for professional success.
● Access cutting-edge insights: Explore key issues with a researched, three-stream agenda. Gain insights from industry leaders on market challenges.
● Innovate for cyber insurance success: Discover strategies for sustainability and profitability. Shape the future by understanding trends and emerging risks.
● Network and collaborate: Engage with 200+ stakeholders for productive discussions. Connect with peers, insurers, brokers, and solution providers. It is the place for cyber carriers and brokers to meet.
● Maximise your investment: Optimise your time with a centrally located one-day event. Dedicate a full day to learning and networking efficiently.
The ground-breaking event is the latest in an ongoing series of events run by Intelligent Insurer with the aim of equipping industry players with the networks, insights and knowledge needed to keep ahead in their profession and drive the wider evolution of the cyber insurance industry.
To find out more visit the website: https://www.cyber-insurance-innovation-eu.com/
