Risk and cyber insurance: Harnessing insurance for future resilience | SASIG
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Tuesday 30 April 2024

In person – City of London

In association with

Insurance is an essential part of mitigating risks, enabling businesses to offset them and better absorb the reputational and financial impact of an event.

Are businesses, however, getting the appropriate coverage from their insurance policies to meet the emerging challenges? As well as providing policies, the insurance sector can play a crucial part in influencing behaviour and raising awareness of cyber risks and the standards by which we operate – so is it utilising existing and emerging technology effectively to advance resilience? Do we need to review how cyber risk is insured and where changes must be made?

We were delighted to collaborate with Lloyd’s of London as we explored emerging themes around the future of cyber insurance. We considered how the conventional insurance approach to physical risk could be applied to the digital world, and demonstrated through our panel discussions how the insured can develop a more productive and demanding dialogue with the insurance sector to improve the quality of delivery. We also discussed the work of the Lloyd’s Lab to identify and test new approaches to risk governance, threat detection, and cyber risk assessment, which all enable insurers to understand exposure better and help the insured receive the most appropriate cover to match their risk profile.

This event could only be attended in person – there was no live stream and no recording is available.


Presentations on the day included:

Welcome and introductions
Tarquin Folliss OBE (info), Vice Chairman, The SASIG

Fireside chat: An introduction to cyber insurance
Rachel Turk (info), Chief Underwriting Officer, Lloyd’s of London
Maria Matthews Saunders (info), Cyber Underwriting Manager, Lloyd’s of London

Where is cyber insurance now?
Tony Anscombe (info), Chief Security Evangelist, ESET

Panel session: Clarifying cyber risk for insurers and CISOs
Facilitated by Tarquin Folliss OBE (info), Vice Chairman, The SASIG
Matt Broomhall, Chief Information Security Officer, Lloyd’s of London
Haydn Brooks (info), CEO, Risk Ledger
Kirsty Kelly, Chief Information Security Officer, Beazley
Mark Howell (info), VP, EMEA, Censys

Navigating cyber risks: The insurance industry and business protection
Lucy Fraser (info), Senior Policy Adviser, General Insurance Policy, Association of British Insurers (ABI)

Innovation and developing new products to better suit consumers’ needs
Chloe Kaye (info), Senior Associate in Innovation, Lloyd’s of London

Followed by a panel session:
Facilitated by Chloe Kaye (info), Senior Associate in Innovation, Lloyd’s of London
Gavin Lillywhite (info), Head of Insurance Distribution & Client Management, Axio
Peter Dyson, Head of Data Analytic, Kovrr
Giles Watkins (info), CEO, Cyntegra

Closing keynote: The opportunities in AI and its impact on the cyber threat landscape
Cub Llewelyn-Davies (info), Head of Strategic Resilience Levers, NCSC

Closing remarks
Tarquin Folliss OBE (info), Vice Chairman, The SASIG

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