12:15 pm – 12:45 pm

To Market, To Market: Underwriting and Pricing Cyber risk in Today’s World

Cyber insurance is at a crossroads as coverage expands amid a competitive marketplace. Can the market maintain underwriting and pricing discipline while crafting policies that offer protection against the wide range of risks? This panel will address building financial sustainability into the cyber insurance marketplace and ensuring the relevance and effectiveness of cyber policies as exposures continue to change.

• David Lewison, Professional Lines National Practice Leader, AmWINS [Moderator]
• Erica Davis, Cyber Risk Strategy Leader, Guy Carpenter
• Timothy Francis, Enterprise Cyber Lead, Travelers
• Brian T. Robb, Cyber Industry Leader, CNA

12:45 pm – 1:15 pm

Rise of the Mega-Fines: Accounting for Regulatory Action in Cyber Insurance

With numbers like $5 billion and $700 million being handed down by regulators for data breaches and the implementation of the California Consumer Privacy Act on the horizon, the cyber insurance industry faces many questions about whether and how fines and penalties can be insured. Where should we expect regulatory actions to go from here and how can organizations best prepare their insurance program to respond?

• Sean Hoar, Partner, Lewis Brisbois [Moderator]
• Gamelah Palagonia, Senior Vice President, Willis Towers Watson
• Noel Pearman, SVP, Cyber Product Line Leader, AXA XL
• Gregory Vernaci, Cyber Product Leader – Global, AIG

12:15 pm – 12:45 pm 

Cyber Insurtech Investing Trends

While competition in the cyber risk arena keeps increasing, investors continue to pour money in the space. Do they know something we don’t? What problems are they looking to solve that show promising returns – distribution, underwriting, risk quantification, or others? Our panel of sophisticated investors will explore who is investing and why.

• Trent Cooksley, COO, Cowbell Cyber [Moderator]
• Tom Boltman, Head of Strategic Initiatives, Kovrr
• Jonathan Kalman, Founding General Partner, Eos Venture Partners

12:45 pm – 1:15 pm

A Pen-tester’s Approach to Underwriting

There are several “outside – in” cyber risk assessment services available today for individual account underwriting. Does wide acceptance mean that these services are effective or are do they perhaps miss some key risk indicators? Are there cost-effective alternatives that provide additional efficiency and insight? This session will bring together outside perspectives to challenge the accepted approaches to underwriting risk analysis.

• Geraldine Spry, VP, Enterprise Risk and Global Insurance, Estée Lauder [Moderator]
• Asaf Lifshitz, CEO, Sayata Labs
• John Merchant, Managing Director, Cyber Insurance – US & Canada, Ascent

12:15 pm – 12:45 pm

Physical Fitness: Protecting Connected Objects from Cyberattack

From tiny pacemakers to massive nuclear power plants, a vast and growing array of objects is connected to the internet. Virtually every individual and business is now exposed to the consequences of hackers seizing control of sensors or operating systems in devices located throughout homes, retail locations, factories, offices, and healthcare facilities — and sometimes on ourselves. This session will explore the vulnerabilities of physical systems, the steps businesses should take to address them, and how insurers are responding to this growing exposure.

• Marc S. Voses, Partner, Goldberg Segalla [Moderator]
• Jens Alkemper, Vice president, Research Area Director, FM Global
• Doug Howard, VP Global Services, RSA
• Eric Rosenfeld, Director, Global Accounts, Financial Services, RedSeal

12:45 pm – 1:15 pm

Emerging Threats: More Things to Keep You Awake

Risk never sleeps. Apparently, neither do cybercriminals. They seemingly work around the clock to spread misery with innovative and destructive criminal schemes. This session will survey the threat landscape to identify emerging threats that will challenge information security and cyber insurance professionals in the coming months and years. Topics to be discussed include mobile malware, biometric hacking, AI-powered attacks, and the growing sophistication of ransomware and social engineering attacks.

• Anthony Hess, Senior Director and Practice Leader, Kivu [Moderator]
• Shawn Fohs, Managing Director, Ernst & Young
• James Perry, Director, Incident Response, CrowdStrike Services
• Michael Quinn, Managing Director, Cyber Risk, Kroll

12:15 pm – 12:45 pm 

Cost per Record: What is Fact Vs Fiction?

There are numerous sources of the per record cost of a data breach. Some sources include survey results while others rely on insurance claim data. While appearing to offer a level of precision, the answers vary so widely as to create doubt about which to believe. Join this discussion on the different sources and the pros and cons of using them to create loss cost estimates. If you are involved in estimating or modeling loss costs, you should consider joining this session.

• Jim Blinn, EVP, Client Solutions, Advisen
• Tulja Ganta, Data Solutions Client Lead, Advisen
• Jean-Michel Plante, BI Analyst III, Business Intelligence, The Co-Operators

12:45 pm – 1:15 pm

How do you Determine Appropriate Limits?

What factors influence the limit adequacy discussion between brokers and clients? How can brokers make clients aware of frequency and severity issues and best counsel clients on appropriate cyber coverage limits? Our panelists will share their experiences, and we’ll also refer to Advisen’s Cyber OverVue to add a data perspective. This discussion is aimed at brokers though all are welcome.

• Zach Boggs, Director of Client Experience, Advisen
• Jack Combs, Client Experience Manager, Advisen

2:45 pm – 3:30 pm

When the Cyber Claim Comes In

Ransomware, business interruption, compromised vendors, nation-state attacks – cyber claims run the gamut of risks. Are cyber policies meeting the expectations of insureds when it comes to claims? How can the cyber insurance industry better communicate the value of the coverage in advance of a claim? The session will feature a wide-ranging discussion on determining the financial impact of cyber claims, the difficulties inherent in attack attribution, as well as misconceptions about cyber coverage.

• Meredith Schnur, US Cyber Brokerage Leader, Marsh [Moderator]
• Michael Bruemmer, VP Consumer Protection and Global Data Breach, Experian
• Patrick Cannon, Head of Enterprise Risk Claims, Tokio Marine Kiln
• Jeremy Gittler, Practice Leader and head, Cyber Americas, AXA XL
• Josh MacDonald, Underwriter, US Cyber & Tech, Beazley

3:30 pm – 4:00 pm

Blurred Lines: The Wider Insurance Impact of Cyber Risk

Cyber risk increasingly has an impact on non-traditional industries like marine, aviation, and agriculture, to name a few. Additionally, the effect of big breaches on directors and officers and transactional risk and vendor risk must be considered by insurers, brokers, and buyers as they navigate their insurance planning.

• Catherine A. Mulligan, Global Head of Cyber, Aon [Moderator]
• Chris Beck, Executive Risk Consultant, Milliman
• Brad Gow, Global Cyber Product Leader, Sompo International

2:45 pm – 3:30 pm

Session A – Comparing and Contrasting Cyber Aggregation Models

These back-to-back sessions will provide a consumer’s perspective on aggregation modeling. The first session will provide a foundation while the second will work through an example of the application of aggregation modeling. In this session, representatives of leading modeling companies will introduce their company and models, the use cases and the approach they use.  We will discuss some of the important inputs to the second session including the underlying data, scenario construction, use cases and some of the key definitions.

• Jim Blinn, EVP, Client Solutions, Advisen [Moderator]
• Nick Beecroft, Client Services Manager, CyberCube
• Derek Blum, Senior Director Product Management, RMS
• Philip Rosace, Global Lead, Risk Solutions, Guidewire Cyence

3:30 pm – 4:00 pm

Session B – Comparing and Contrasting Cyber Aggregation Models

In this second session, we will discuss the results from the modeling firms. We will describe a synthetic portfolio that was shared with the panelists and then discuss the results.  This session will rely on a user’s perspective to probe the results to understand how they should be interpreted. As there is no right or wrong answer, the objective of the session will be to provide the panelists an opportunity to help interpret the results and explain the source of any differences.

• Jonathan Laux, Head of Cyber Analytics, Reinsurance Solutions, Aon [Moderator]
• Oliver Brew, Head of Client Services, CyberCube
• Thomas Harvey, Senior Manager, RMS
• Philip Rosace, Global Lead, Risk Solutions, Guidewire Cyence

2:45 pm – 3:30 pm

Reporting From the Front Lines: Real-Life Tales from the War Against Cybercrime

Most companies will eventually experience a significant cyber event. Hear from experts on the steps organizations can take before a data breach or other event to ready themselves for a quick response, and what they should do afterward to assure a successful recovery and avoid reputation damage.

• Paige H. Adams, Global Chief Information Security officer, Zurich [Moderator]
• Matt Cherian, Vice President of Strategic Partnerships, BitSight
• Jennifer Coughlin, Partner, Mullen Coughlin
• Evgueni Erchov, Director, Incident Response, Arete Advisors
• Todd Hindman, Vice President, Strategic Alliances, ID Experts

3:30 pm – 4:00 pm

This Isn’t Your Parents’ Internet: Generational Differences Concerning Privacy and Cybersecurity

A persistent media theme is that digital natives are comfortable living their lives openly over social media, but their parents, and especially their grandparents, are likely to demand a higher degree of privacy. Is there a sharp divide between generations around privacy and online security concerns? If so, what do changing attitudes mean for organizations whose customers span generations and for lawmakers considering legislative solutions to thorny privacy issues? A panel of experts will examine the factors that influence attitudes towards privacy and their impact on privacy-related regulation and litigation.

• Meredith Chiulli, Cyber/E&O Broker, FINEX North America, Willis Towers Watson [Moderator]
• Doug Boykin, Solutions Engineer, OneTrust
• James Burns, Cyber Product Leader, CFC Underwriting
• Erin Walters, EVP, INSUREtrust

2:45 pm – 3:30 pm

Cyber Secondary Related Risk: How Do You Quantify Silent Cyber as Well as Downstream Impacts of Cyber Loss Events?

The topic of silent cyber continues to challenge underwriters, actuaries and those responsible for ERM. As an increasing number of downstream loss impacts manifest themselves, the discussion broadens regarding capturing and quantifying the entire impact of a cyber loss. Join this engaging session to share ideas and experiences regarding how to solve this rubik’s cube.

• Tulja Ganta, Data Solutions Client Lead, Advisen
• Kimberly Reilly, Global Business Development Executive, Advisen

3:30 pm – 4:00 pm

 How Do You Get Your Voice Heard in a Crowded Cyber Marketplace?

Join us for a discussion about strategies to get noticed and grow marketplace awareness of your cyber products and services.

• David Baldwin, Global Business Development Executive, Advisen
• Regis Coccia, President, Wordsmith Strategic Communications LLC
• Peter Oxner, Global Business Development Executive, Advisen