Introduction to Cyber Risks Insurance
The Introduction to Cyber Risks Insurance course looks at the cyber risk limitations and exclusions for typical and traditional corporate insurance cover and the specialist cyber insurance solutions currently available.
Who should attend?
Those who have an understanding of the principle of insurance together with a grounding in property, business interruption, general liability and errors and omissions insurances.
Summary
Duration: 1/2 day
No of attendees: 12-16
Format: Online - Virtual delivery
CPD: Recognised
Topics Covered
The course takes a practical and thought provoking look at:
- what are cyber risks – demystifying some terminology?
- what types of organisation are exposed to cyber risks?
- the cover provided by conventional insurance policies against cyber risks
- the cover, conditions and exclusions of specialist cyber risks insurance policies in the UK - covering third party and first party costs
- how cyber risks policies relate to other covers such as professional indemnity, business interruption and crime
- Insurers’ information requirements and underwriting considerations for cyber risks insurance
- the main considerations when dealing with cyber risks insurance claims
Learning outcomes
By the end of the course the delegates will be able to:
- identify which types of customer could benefit from insurance against cyber risks
- consider why businesses do not buy cyber policies
- describe the extent of cover provided by conventional insurance policies against cyber risks
- describe the policy cover, conditions and exclusions of specialist cyber risks insurance policies in the UK
- outline the major risk, underwriting and rating considerations of cyber risks insurance
- outline the main considerations when dealing with cyber risks insurance claims
To discuss this course or your learning needs
Your CII Relationship Manager would be delighted to explore your learning needs and can draw on the expertise within the CII Learning Solutions team to support you further.
Please speak with your Relationship manager in the first instance or contact XXXXXX@cii.co.uk for more information.