Annual Conference Session Details

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24. The State of the Cyber Market and the Captive Solution (Intermediate)

Date: 2021-08-12T00:00:00-04:00 Time: 11:15 am-12:05 pm

Learning objectives: After completing this session, attendees will be able to:
- Explain how the current cyber market operates, factors that affect pricing, coverage availability, and claims trends by industry
- Ask the right questions to understand potential exposures and the appropriate coverages
- Identify standard cyber coverages, as well as key definitions to understand and monitor in cyber policies

Level: Intermediate

Prerequisite: Moderate understanding of cyber risk
Field of Study: Specialized Knowledge

Content Advisor: Anne Marie Towle, Hylant
Moderator & Coordinator: Aaron Hillebrandt, Pinnacle Actuarial Resources, Inc.

Do you need a solid understanding of how the current cyber insurance market operates? Join us to increase your understanding of factors that affect pricing, coverage availability, potential exposures, and claims trends by industry. Learn about the current status of the cyber insurance market, including market formation, regulatory developments, and claims trends with respect to their effect on coverage evolution, and the impacts these factors have on captive solutions. Come away from this useful session with ways to better understand and monitor your cyber policy.



Scheduled Speakers:


Aaron Hillebrandt is a principal and consulting actuary with Pinnacle Actuarial Resources in the firm’s Bloomington, Illinois, office. He holds a bachelor’s degree in mathematics from Illinois State University, where he has been a mathematics lecturer. He is an honorably discharged sergeant and combat veteran of the United States Marine Corps. He currently serves as a vice-chair on the Casualty Actuarial Society’s (CAS) Annual and Spring Meeting Planning Committee, a faculty member of the American Academy of Actuaries (AAA) Seminar on Effective P/C Loss Reserve Opinions, and a member of the VCIA conference task force.

Aarti Soni

Aarti Soni is a trained attorney based in New York City. She is McGriff’s Cyber Director, primarily responsible for Cyber / E&O program design, coverage and wording negotiation, cyber education and complex cyber claim support.