On Wednesday, June 18, 2014, Advisen hosted the P&C industry’s first-ever Cyber Risk Awards presentation at a dinner at the Grand Hyatt in New York City. With each day, another insured is hacked, breached, and/or threatened via some Cyber Risk exposure. Also, a new insurer enters the fray with a fresh policy, another broker wades into the mix, and another tech vendor steps up to offer a new angle of defense. Advisen tracks pricing transactions, loss events, policy wordings, and cyber news. Now we’ve added a “People’s Choice” approach to designate the leading authorities in this incredibly fast-growing segment by leveraging Advisen’s list of over 35,000 P&C professionals who care about Cyber Risk. Hundreds joined us on June 18 for a gala event to recognize those firms and individuals who are guiding and shaping this space as determined by you and your P&C colleagues who care most about Cyber Risk. Awards were given for the following categories:
- Cyber Risk Industry Legend
- Cyber Risk Event Response Team
- Cyber Risk Innovation of the Year
- Best Cyber Risk Team
- Cyber Service Vendor the Year
- Cyber Public-Private Partnership Initiative of the Year
- Best Cyber Risk Broking Team
- Best Cyber Risk Insurer
Advisen Cyber Risk Awards - Nominees and Winners
Nominees and winners were selected across 8 categories, as voted by industry peers. The nominees and winners include:
Advisen's Cyber Risk Network 2014 Person of the Year honoring
- Thomas Finan, Department of Homeland Security
Cyber Risk Industry Legend Nominees
- Rick Bortnick
- Matthew Clarke of AIG Australia
- Nick Economidis of Beazley
- Emily Freeman of Lockton
- Mark Greisinger of NetDiligence
- Steve Haase of INSUREtrust
- Toby Merrill of ACE
- John Mullen of Lewis Brisbois
- Bob Parisi of Marsh
The "cyber people" have voted, and the winner is: Steve Haase of INSUREtrust
Cyber Risk Event Response Team Nominees
- AIG
- AllClear ID
- BakerHostetler
- Beazley
- Identity Theft 911
- Lewis Brisbois
- Mandiant
The "cyber people" have voted, and the winner is: The Beazley Breach Response Team
Cyber Risk Innovation of the Year
- ACE’s sidecar with data breach outside the limits
- AIG’s CyberEdge iPad app
- Privacy Professionals’ Pre-event loss mitigation tool
- Risk Based Security and its YourCISO risk management portal
- BitSight Security ratings
- Willis PRIVACY RISK INSURANCE STRATEGY MODEL or PRISM
The "cyber people" have voted, and the winner is: AIG CyberEdge mobile app
Best Cyber Risk Team
- AIG
- Experian
- Kroll
- Liberty International Underwriters
- Privacy Professionals
- RPS Technology & Cyber
- Verizon
- Willis
- XL Group
- Zurich
The "cyber people" have voted, and the winner is: AIG
Cyber Service Vendor the Year
- AIG
- Experian
- IBM
- Kroll
- McAfee
- NetDiligence
- Palo Alto Networks
- ThreatGrid Inc
- Vaultive
- Verizon
The "cyber people" have voted, and the winner is: NetDiligence
Cyber Public-Private Partnership Initiative of the Year
- Cyber Terrorism Insurance talks/ISO/Fed Government
- The Open Security Foundation and the datalossdb.org site/Jake Kouns
- Drexel Cybersecurity Institute/John Fry & Drexel University
- National Cybersecurity Institute/Excelsior College
- NIST
- Financial Services Information Sharing and Analysis Center/World Bank
- The Atlantic Council/Zurich Insurance
- Critical Infrastructure roll-out/Tom Finan, Dept Homeland Security
- UK Trade & Investment/standards for global business for UK companies, Include cyber insurance
- Internet Security Alliance/Larry Collins
The "cyber people" have voted, and the winner is: NIST Cybersecurity Framework
Best Cyber Risk Broking Team
- Aon
- Lockton
- Marsh
- RPS Technology & Cyber
- Wells Fargo
- Willis
The "cyber people" have voted, and the winner is: Marsh
Best Cyber Risk Insurer
- ACE
- AIG
- Beazley
- CFC Underwriting
- Liberty International Underwriters
- Philadelphia
- XL
- Zurich
The "cyber people" have voted, and the winner is: Beazley
