InsureTech Connect is the world’s largest insurtech event — offering unparalleled access to the largest and most comprehensive gathering of tech entrepreneurs, investors and insurance industry incumbents from across the globe.
CyberCube's CEO, Pascal Millaire, participated in a panel discussion about Cyber: A Plague on Both Your Houses alongside Rotem Iram (CEO & Founder, At-Bay), Keith Moore (CEO & Chairman, CoverHound & CyberPolicy), Siobhan O’Brien (Head of Cyber Centre of Excellence for International and Global Specialties, Guy Carpenter) and Michael Reitblat (CEO & Co-Founder, Forter), moderated by Alex Scherbakovsky (General Partner, AXA Venture Partners).
The panelists discussed the best way to cover cyber risk for the insurance industry. Since ITC launched in 2016, outside of blockchain, very few buzzwords have had the focus and staying power that cyber has. And, for good reason. It has been one of, if not, the biggest growth area in commercial insurance. That growth may be unequivocal, but the verdict is still out on just how well the industry will do in the face of a large number of simultaneous claims. Unlike any other form of protection, cyber risk knows no geographical boundaries. This places even more emphasis on making sure the insurance industry is prepared in order for us to be there for the insured.
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