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Intermediate Cyber Risks Insurance

This interactive course is designed to develop knowledge and skills in this specialist topic. The course provides expert insight and builds in real life examples and practical application to bring the subject to life wherever possible. The duration of each course is typically half a day, but this can be tailored to the needs of your group. The modern business world is now heavily reliant on IT systems and infrastructure to support its business critical activities. Businesses also operate in a connected world where they and their employees make use of email, social networking and cloud computing. All this leads to additional risks to the business, some of which is not customarily covered by existing insurance arrangements.

This course follows on from our introductory Cyber risks course and looks, in greater detail, at the extent of cover provided by conventional insurance policies against cyber risks as well as the conditions and exclusions of specialist cyber risks insurance policies. The course also looks at the different cover options available, how they apply to different clients, the key risk management issues and claims matters.

Who should attend?

Delegates who have attended our introductory cyber Insurance course, or those that have an understanding of the concepts of cyber insurance, who would like to go further into the application of conventional and specialist cyber insurance covers, conditions and exclusions.

Summary

Duration Duration: 1 day

Attendees No of attendees: 12-16

Format Format: Online - Virtual delivery

CPD CPD: Recognised

Topics Covered

The course takes a practical and thought provoking look at:

  • What are cyber risks?
  • The impact of cloud computing on cyber risks
  • Cover provided by conventional insurance policies against cyber risks – gap analysis
  • The cover, conditions and exclusions of specialist cyber risks insurance policies in the UK – identifying main differences in cover available
  • Major risk management issues of cyber risks
  • Examples of cyber risks insurance claims and the issues of dealing with such claims

Learning outcomes

By the end of the course delegates will be able to demonstrate an understanding of:

  • The main cyber risks and which types of customer could benefit from insurance against cyber risks
  • Impact of cloud computing on cyber risks
  • The extent of cover provided by conventional insurance policies against cyber risks
  • The policy cover, conditions and exclusions of specialist cyber risks insurance policies in the UK and when separate policies are appropriate
  • Different cover options available in the cyber policy market and how they apply to different clients
  • Key risk management issues
  • How cyber risk insurance claims arise and the issues of dealing with these 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 business.enquiries@cii.co.uk for more information.