IUA Circular 035/19

Silent Cyber: Can You Hear It Now?


With Scott Stransky, Assistant Vice President and Director of Emerging Risks, AIR

Event Date:  Thursday 20 June 2019

Time:  12noon to 1pm

Venue:  ACORD Conference Room, 8th floor, 1 Minster Court, Mincing Lane, London EC3

Subject:  This market briefing will discuss current trends with respect to silent cyber and describe what actions can be taken to best prepare your organization to succeed.

Contact:  Deborah Finch, IUA Events Manager (020 7617 4451)


This is a free event, but names and email addresses of all attendees are required for registration.  Please click here to register.

Insurance policies purposely designed to cover cyber risk are increasing. However, concerns about silent cyber exposure are growing, with potential losses due to silent coverage from insurance policies not specifically designed to cover cyber risk.

Silent cyber, or the potential to have cyber exposures in insurance policies where cyber may or may not be covered, presents additional challenges for (re)insurers in managing cyber risk. The threat of non-affirmative cyber looms across all lines of business, from property to general liability, errors and omissions (E&O), directors and officers (D&O), and other lines, with the possibilities that in certain instances, multiple policies could all be exposed to silent cyber claims from the same incident.

This market briefing will discuss current trends with respect to silent cyber and describe what actions can be taken to best prepare your organisation to succeed.

Our Speaker:

Scott Stransky is Vice President and Director of Emerging Risk Modeling in extreme event modeling firm AIR Worldwide's Research and Modeling group. He leads the groups responsible for cyber risk modeling, supply chain modeling, and life and health modeling. His main focus is building AIR’s deterministic and probabilistic cyber models for affirmative and silent risk, and he is a recognized speaker at many cyber insurance industry events across North America and Europe. Scott earned a B.S. in Mathematics with Computer Science from the Massachusetts Institute of Technology and an M.S. in Atmospheric Science from the Massachusetts Institute of Technology. His Master’s research involved numerical modeling of rotating fluids in the laboratory setting and extrapolating the results to real-world weather models.

As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email Deborah Finch. These forms will be issued after each individual event upon request.

For events held in the conference rooms at Balls Bros., Minster Pavement, America Square Conference Centre, Grange Hotel or Baltic Exchange you will not require an entrance pass but we will require a note of your attendance for room capacity and catering requirements.