IUA Circular 029/21

IUA Non-Affirmative Cyber Committee Mini-Webinar Series:

Part 2 of 4:   ‘Navigating the Cyber perils within a wider insurance portfolio’  

with Yakir Golan, CEO and Co-Founder, Kovrr

Event Date:  Tuesday 13 April 2021

Time:  3pm/15.00hrs  (UK/London time) for approx 45mins

Check your time zone here
Subject:  This market briefing will highlight the role that cyber risk modelling can play in understanding cross-class non-affirmative cyber risk. 

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.
Click here for event Dial-in details

Please adhere to on line etiquette during our presentations.  We kindly ask you to mute your microphone and video upon commencing the link and to use the Chat application for any  questions, which will be addressed by the speaker at the end of the presentation. We suggest dialling in at least 5 mins before the start of the webinar.

Please note that any recording of this event will be available post-event in DropBox format, subject to speaker authorisation.

Non-Affirmative or ‘Silent’ cyber risk remains a constant focus as insurers, in collaboration with their brokers and clients, seek to develop solutions in line with their increasingly affirmative strategies. The PRA’s expectations remain and insurers continue to build the expertise required to identify, quantify and manage their cross-class cyber exposures. 

At this market briefing event, our speaker will explain from his own experience as a catastrophe modeller, how cyber risk modelling can deliver global data and insight into affirmative and non-affirmative cyber risk exposure. In addition, recognising the limitations to Cyber modeling and the level of information available to users assists in understanding the drivers of losses. 

Attendees will also be updated on how the application of exclusions on a line of business and cyber peril manifestation level can help underwriters, understand, financially quantify and manage cyber risk by using risk models.

Our Speaker:
Yakir Golan is CEO of Kovrr. He started his career in the Israeli intelligence forces. Following his military service, he acquired multidisciplinary experience in software and hardware design, development and product management.

For the past few years he has been focused on bringing cyber risk management solutions based on advanced machine learning and artificial intelligence to the market.

Yakir holds a BSc in Electrical Engineering from the Technion, Israel Institute of Technology and an MBA from IE Business School, Madrid, Spain.

IUA Non-Affirmative Cyber Committee Mini-Series:

Part 1/4 (10th December 2020): 'Expecting Clauses at Christmas’ with DAC Beachcroft
            (click here to request event materials)

-          Part 2/4 (13th April 2021): ‘Navigating the Cyber perils within a wider insurance portfolio’

Part 3/4 (27th April 2021): Reinsurance Perspective on Non-Affirmative Cyber’ with Gallagher Re
          (Circular to follow, click here to register and here to add to calendar )

-          Part 4/4: Details to follow

DISCLAIMER: The market briefing presentation materials and speaker comments therein were prepared solely by the presenter(s) in their personal and professional capacity. Any materials or opinions expressed do not necessarily represent the views of the IUA and IUA does not bear any responsibility for, or liability to, any parties in respect of the accuracy, legality or overall content of the presentation or any other comments made by speakers or other attendees during the market briefing.

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.