News & Insights

On-Demand Webinar: Top Underwriting Concerns for Cyber Insurance Renewals

Published 23 September 2021

As the pace of cyberattacks intensifies and massive cyber claim payouts continue, insureds lacking controls can see 100% to 200% rate increases, reduced coverage terms and even possible non-renewals.

Our Top Underwriting Concerns for Cyber Insurance Renewals webinar reviews the most common underwriter questions and addresses how to obtain optimal cyber insurance coverage while minimizing rate increases. 

The webinar is presented and discussed by cyber leaders:

  • Robyn Adcock, Cyber and Tech Practice Leader,
  • Michael Herron, National Head, Professional and Financial Risk, with
  • Peter Woollacott, CEO and Founder, Huntsman Security and 
  • Reece Corbett-Wilkins, Partner, Clyde & Co


Explore proven strategies to address and remediate cybersecurity vulnerabilities. 
 

Key topics discussed in the Top Underwriting Concerns for Cyber Insurance Renewals webinar include:

  • The Australian cyber landscape and regulatory updates 
  • Ransomware action plan and the key legislative initiatives 
  • Top cyber insurance underwriting concerns and solutions including prevention, containment, recovery and security rating tools 
  • The 2021 cyber insurance marketplace and the stricter underwriting guidelines 

 

Insurers really want to understand that companies are training staff and having an incident response plan where everyone will know their role and responsibility in the event that there is a cyber breach in the organisation and that’s actually become the highest priority for insurers right now when they’re assessing cyber risk.
 - Robyn Adcock, Cyber and Tech Practice Leader
 

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Gallagher provides insurance, risk management and benefits consulting services for clients in response to both known and unknown risk exposures. When providing analysis and recommendations regarding potential insurance coverage, potential claims and/or operational strategy in response to national emergencies (including health crises), we do so from an insurance and/or risk management perspective.
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