NATIONAL
INSURANCE ACADEMY
PUNE
P720
– PROGRAMME ON CYBER RISK, LIABILITY, AND INSURANCE MANAGEMENT (LIFE)
(2024 -
25)
Background:
Cyber
Risks are on the rise. There is not going to be a reverse trend in that due to
increasing business dependence on Cyber Systems including IT and other digital
infrastructure & vulnerabilities in Cyber Systems. Even for customers (and
society at large), cyber platforms have become an essential part of daily life.
Due to this, there is increasing awareness and demand for protection against
Cyber Risk and Cyber Liabilities. Cyber Risk Management also helps in ERM
(Enterprise Risk Management). General Insurance industry has started providing
insurance solutions against these risks to their retail and corporate clients,
though a lot more work needs to be done by working closely with client
industries to understand their cyber risk protection requirements. In this
context, this Workshop has been arranged to bring together Cyber Risk Protection
providers and various client industries.
Workshop
Objectives:
§
To
understand and appreciate importance of Cyber Risk Universe to Insurance
industry
§
To
understand Cyber Insurance Value Chain
§
To
understand Cyber Risk Management, Cyber Insurance Product Development, Policy
Wordings, etc. in existing Cyber Products
§
To
develop necessary knowledge and skills in Cyber Risk Assessment & related
modeling aspects
§
To
provide understand the nature of Cyber Liabilities in every changing Cyber World
and understand related legal, international practices and regulatory aspects
Workshop
Contents:
§
Understanding
Cyber Risk Universe
§
Cyber
Risk Management Methods, Best Practices & Standards
§
Cyber
Risk Assessment Methods
§
Cyber
Risk Modeling & Analytics
§
Study
of Cyber Insurance Products available
§
Cyber
Laws, EU-GDPR, DPA.
§
Cyber
Underwriting
§
Cyber
Claims Handling
Participants’
Profile:
Officers
in the cadre of Assistant Divisional Managers and above working in the IT
departments in Divisional Office, Zonal Offices & Central Office.
Duration:
3
days
Dates:
03.03.2025
- 05.03.2025