It isn’t always clear who is behind a cyberattack. Criminal gangs, cyber vigilantes, terrorists, and nation-state actors may leave similar footprints, or may even try to imitate one another. Correct attribution, however, is critical for the war exclusion of a cyber policy to come into play. This session will look at the various threat actors, examine how any of them could be combatants in cyberwarfare, and explain the processes behind attribution.

• Lauren Cisco, Senior Vice President, Marsh JLT Specialty [Moderator]
• Tony Cook, Director, Crypsis Group
• John Coletti, Chief Underwriting Officer – Cyber and Technology, AXA XL
• Mike Snader, Associate Director, Cyber Investigations, Kivu

The war exclusion in cyber insurance policies has come under attack as being impractical to administer and potentially unfair to policyholders. Without war exclusions, however, insurers and reinsurers could be exposed to ruinous aggregations of losses. Panelists will explain the potential consequences of weakening or eliminating the war exclusion and will examine alternatives such as public/private partnerships to insure cyber warfare risks.

• Nadia Hoyte, National Practice Advisor, Executive & Professional Risk Solutions, USI Insurance Services [Moderator]
• Richard J. Bortnick, Partner, Freeman Mathis and Gary LLP
• Erin Harnetiaux, Vice President, Marsh USA, Inc
• Melanie Witte, Senior Claims Specialist, Cyber /Technology/Media Liability, AXA XL

Every organization has first-party property exposure, but virtually everybody in the current cyber marketplace is focusing on third-party liability risks. In this presentation from Arceo.ai., learn how underwriters and risk advisors can seize growth opportunities on first-party cyber risks that others aren’t chasing.

• Emy Donavan, Executive Vice President and Chief Underwriting Officer, Arceo.ai

Silent cyber is a problem for both insurers and policyholders. Insurers may find they are paying losses under policies never intended to cover cyber exposures, and policyholders may end up with coverage gaps when insurers attempt to limit their exposures. This session will examine both insurer and buyer silent cyber issues with a focus on the Lloyd’s mandate that all policies clearly state whether they provide coverage for cyber claims.

• Jenny Soubra, U.S Head of Cyber and Technology, Canopius [Moderator]
• Lyndsey Bauer, Partner, Paragon
• David Chavez, Attorney, CRISC, CYBER Risk & Law
• Mickey Estey, Senior Vice President, RT Specialty
• James Reed, Assistant Vice President, Cyber & E&O Division, Allied World

Silent cyber poses a vexing problem for cyber loss accumulation models, yet firms that license models claim to account for silent cyber exposures. Given the inherent ambiguity of silent cyber, what assumptions are modelers making? How reliable are model outputs? How should insurers and reinsurers use models to manage their silent cyber exposure? This session will look at the art and the science of modeling and managing silent cyber risk.

• Erica Davis, Cyber Risk Strategy Leader, Managing Director, Guy Carpenter [Moderator]
• Ridhima Kale, Senior Product Manager, Guidewire
• Jacob Tapper, Actuarial Analyst, CyberCube

• Robert Anderson, Jr., Chief Executive Officer, Cyber Defense Labs

This popular session will present a panel of risk managers and CISOs, who will have the opportunity to discuss the cyber risk management and insurance issues that concern them. The panel will also offer their observations on how well the insurance industry is meeting their needs.

• Florence Levy, West Zone Cyber Practice Leader, Marsh & McLennan [Moderator]
• Michelle Bennett, Senior Director, Risk Management and Internal Audit, Cable One
• Loren Crannell, Head of Global Risk and Insurance, JUUL Labs, Inc.
• Jim Goddard, CISO, Kaiser Permanente

Near-instantaneous access to digital underwriting data combined with machine learning are transforming the way cyber insurance is sold and underwritten. Tech-savvy MGAs and insurers now offer small businesses a quote for cyber insurance in seconds and a bound policy within minutes, often based on little more than a business name and URL. Will similar technologies and distribution models eventually be applicable to larger insureds? This session will survey the cyber insurtech landscape and experts will explain how artificial intelligence and access to more and better information are likely to transform cyber insurance processes for all sizes and categories of risk.

• David Bradford, Co-Founder, Advisen [Moderator]
• Jack Kudale, Founder and CEO, Cowbell Cyber
• Will Lin, Partner & Co-Founder, Forgepoint Capital
• Kara Owens, Managing Director, Global Cyber Underwriting Executive, Markel Corporation

The California Consumer Protection Act (CCPA) went into effect on January 1. Six weeks into the new Act, questions continue to multiply. Have any surprises or unintended consequences arisen? What is the status of draft regulations for enforcing the law? Do companies understand what is required for compliance? What are the potential consequences for non-compliance? This session will look at the roll-out of CCPA and what it means for California companies as well as companies throughout the United States.

• David Zetoony, Co-Chair Global Data Privacy Practice, Bryan Cave Leighton Paisner LLP

Intangible assets have always been a problem for underwriters, due to the challenges in calculating the value of a damaged reputation, stolen trade secrets, or other intangible asset impairments. Digital technologies create new threats to intangible assets and cyber insurance underwriters are increasingly called upon to provide protection. Are intangible assets insurable? Is there an objective and equitable way to calculate damages? What are the coverage issues that must be addressed? A panel of experts will tackle these questions and offer their insights into providing much needed coverage for reputation damage and intellectual property loss.

• Hannah Hoeflinger, Business Development Director, National Accounts, Corvus Insurance [Moderator]
• Casey Boggs, President, ReputationUs
• Kimberly K. Cauthorn, Intellectual Property Leader, TMT Industry Practice, Willis Towers Watson

An insurer may pay a claim, but that isn’t necessarily the end of the story. A data security breach may provide subrogation opportunities against network security companies, technology service vendors or businesses partners who fail to take reasonable measures to safeguard their systems. This session will look at trends in cyber insurance subrogation and explain how companies who were never a party to an original insurance claim may find themselves battling against allegations of negligence brought by a cyber insurer.

• Stuart A. Panensky, Partner, Fisher Broyles
• Arturo Perez-Reyes, Cyber & Technology Leader, Senior Vice President, HUB International
• David Rock, VP, North American Claims Group, Cyber Claims Response Team, Allied World

Forging in Fire: Building Security-Insurance Partnerships in a Time of Accelerating Cyber Risk

Tackling cyber risk requires real cooperation between the security and insurance sectors. Market forces are driving together cybersecurity professionals and the insurance industry as they seek to boost cyber resilience for their clients. From responding to the latest threats, to new methods of going to market, all parties to the discussion share common goals – this fireside chat will enlighten the audience on where challenges remain and how to best approach them.

• Vishaal ‘V8’ Hariprasad, CEO, Arceo.ai
• Andy Steingruebl, Chief Security Officer, Pinterest