NATIONAL
INSURANCE ACADEMY
PUNE
P720
– PROGRAMME ON CYBER RISK AND INSURANCE MANAGEMENT (LIFE)
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.
Objectives:
§
To
understand and appreciate the 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 understanding of the nature of Cyber Liabilities in every changing Cyber
World and understand related legal, international practices and regulatory
aspects
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
§
Cyber
Hygiene and Information Security
Participants’
Profile:
Officers in the cadre of AO and above working in any department in Branch Office, Divisional Office, Zonal Offices & Central Office.
Trainees nominated for this programme in the last two years should not be renominated.
Duration:
2 days
Dates:
19.06.2025
- 20.06.2025