Underwriters, lawyers and federal agents are gathering at the Union League today and tomorrow for the third-annual Cyber and Data Risk Insurance Conference.



They're meeting a week after Albert Gonzalez, of Miami, in one of the biggest data-fraud cases to date, pleaded guilty in federal court in Boston to leading a ring that stole 40 million Visa and MasterCard records from TJ Maxx and other U.S. retailers, and moved them to



American Conference Institute’s 3rd National Advanced Forum on Cyber & Data Risk Insurance




Underwriting, Claims and Coverage Strategies for Managing Privacy/Security, Data and Network Risk and Liability















Wednesday, September 16, 2009 to Thursday, September 17, 2009


Union League, Philadelphia, PA, United States


Now in its 3rd highly popular year: Interactive Workshop on Negotiating Cyber Risk Policies and Provisions - September 17, 2009 2:00 p.m. – 5:15 p.m.
Overview - Agenda - Workshops - Who Should Attend - Speakers
Overview




Networking, comparing products, assessing risks, business strategies, new laws and new technological pitfalls… It’s all part of American Conference Institute’s unique annual Cyber & Data Risk Insurance Conference — be there!




The cyber risk insurance arena is growing and changing rapidly. A wave of new privacy laws this year is raising the bar for businesses that keep confidential client information. Privacy and security breaches continue to make headlines (think Heartland for example). In fact, in the current economy, serious breaches are increasing in frequency — and in scope, costs and impact for businesses unlucky enough to experience one. Demand for cyber/data risk insurance products is growing rapidly as businesses become more net-savvy and look for ways to cover their risks.



That’s why American Conference Institute developed our successful inaugural Cyber Risk Insurance conference back in September 2007 — and the response in 2008 was even stronger! Thanks to those of you who’ve attended — come back this year for a revised, updated agenda, new additions to the faculty, and terrific discussions generated by all the new developments. If you haven’t come and you are a professional in this industry, don’t miss out — this conference is your best opportunity to get the tools you need to evaluate the competition and accurately assess, price and mitigate risk so you can maximize your profitability while minimizing potential liabilities.

Attend and get critical, valuable information on:

  • How cyber risk pricing and product is changing so you can take advantage of the opportunities that lie ahead

  • Assessing the true costs of a data breach, including business interruption and lost opportunities

  • Limiting liability for 3rd party acts or omissions

  • Identifying, assessing and underwriting risk – while making sure you avoid hidden traps and pitfalls

  • The latest on litigation and regulation so you can respond with new products, claims strategies, and defenses

  • Using information about where claims are arising and how they are being resolved to underwrite and sell the product more effectively

Don’t miss this unique opportunity to network, benchmark your products against the competition, and gain valuable information on potential risks and liabilities so you can shape your coverage to ensure profitability. Be where your peers — and competitors — will be September 16 & 17!

Posted by John B. Frank Wednesday, September 16, 2009

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