The Cyber policy has a unique constellation including both first party loss and third party liability as well as breach response services (pre and post breach).
The Association of British Insurers recently revealed that over 99% of all cyber insurance claims submitted to carriers in the UK were paid, making the claims acceptance rate one of the highest across all commercial lines insurance. Nonetheless, the systemic and complex nature of the cyber risk combined with the large scope of the cyber policy makes it difficult for businesses and individuals to grasp the coverages properly.
How to know when/if the cyber policy is triggered or not and which coverages are activated? How to understand cyber insurance policies and make sure clients have the right cover in place?
This presentation will give you some background on the key concepts of the cyber world and insurance policies and “stress test” coverages while navigating through different scenarios and real cases.
Following Sylvie Verdier’s presentation, Tom Gummer, Kennedys’ Innovation Manager and regional lead for the Americas will provide an introduction to Kennedys’ client focussed approach to innovation, its technologies and their applicability to the Latin American market.
Law firm, Kennedys develops online and offline technology solutions that simplify & streamline various touch points along the claims lifecycle, allowing insurers and reinsurers across the globe to save millions in claims operational spend and legal defence costs. These award winning technology solutions are configurable to different regional claims processes and local languages.
Sylvie Verdier is a senior Cyber underwriter at AXIS and brings more than 10 years experience in the insurance industry. She is responsible for the market development and underwriting of Cyber in Latin America and the Caribbean. AXIS is one of the leading carriers in cyber insurance with over 150 years combined cyber underwriting experience. The AXIS Cyber Center of Excellence (CoE) is the specialty insurance industry’s premier global cyber resource, offering a broad range of cyber insurance protection and mitigation solutions for tangible and intangible assets.
Tom Gummer is Innovation Manager at Kennedys. Working together with Kennedys’ Head of R&D, the team’s developers, data scientists and the rest of the business, Tom helps to manage and implement client focussed innovation work globally. He is regionally responsible for Latin America, the Caribbean and supporting the US, working together with Kennedys Head of LatAm Alex Guillamont to serve client needs in the region via our technology capabilities.
Date: October 29th, 2019
Time:
5:15 pm Registration
5.30 pm Conference
6:00 pm Informal discussion
6:30 pm Networking
Where: Malbec Room at Novecento 1414 Brickell Ave, MIAMI, FL 33131
Registration deadline: October 28th, 2019 at 1:00 pm. Only 40 tickets available.
To register, please email: hilda.welcker@kennedyslaw.com
Business casual attire.
Cost: Free
