PUNE
P844
- CYBER: RISK, LIABILITY & INSURANCE MANAGEMENT
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. 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:
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To understand and appreciate importance of
Cyber Risk Universe to Insurance industry
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To understand Cyber Insurance Value Chain
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To understand Cyber Risk Management, Cyber
Insurance Product Development, Policy Wordings, etc. in existing Cyber Products
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To develop necessary knowledge and skills
in Cyber Risk Assessment & related modeling aspects
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To provide understand the nature of Cyber
Liabilities in every changing Cyber World and understand related legal,
international practices and regulatory aspects
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Workshop Contents:
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Understanding Cyber Risk Universe
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Cyber Risk Management Methods, Best
Practices & Standards
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Cyber Risk Assessment Methods
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Cyber Risk Modeling & Analytics
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Study of Cyber Insurance Products available
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Cyber Laws, EU-GDPR, DPDP Act.
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Cyber Underwriting
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Cyber Claims Handling
Participants’ Profile:
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Officers in the cadre of Assistant
Divisional Managers and above working in the IT departments in Divisional
Office, Zonal Offices & Central Office of LIC.
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Officials handling Miscellaneous Insurance
portfolio including Liability in Head Office, Regional Offices, Operating
Offices of Indian and foreign public & private sector General Insurance
Companies.
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Officers working in Information Security,
Cyber Security, ERM, etc.
Duration: 3 days
Dates:
20.01.2025 - 22.01.2025