Roundtable: Cyber - the next big opportunity in personal lines

LHS Cyberscout Roundtable
Pictured, l-r: Jonny Groves, cyber underwriter, Tokio Marine Kiln; Mauro Signorelli, technology and cyber senior underwriter, Aspen Insurance; Aleks Leonard-Rawlings, product manager, UK General; Nick Brabham, head of private insurance, Direct Line Group; Chris Gissing, business development manager, Cyberscout; Tom Spier, commercial director, Cyberscout; Hege Aschim, head of alternative distribution, specialty personal lines, Chubb; Steven Cunnington, product development for cyber solutions, Collinson Group; Daniel Carr, chief innovation officer and cyber lead, Occam Underwriting; Geoff Pryor-White, CEO, Tarian Underwriting; Kate McGovern, senior high-net-worth technical underwriting lead, Covéa; and Martin Stimpfle, head of cyber consultant team, Munich Re

Cyber has been long-touted as offering insurers and brokers a huge opportunity in commercial lines – from SMEs to corporates. But as individual consumers become ever more aware of their vulnerability to data breaches and cyber attacks, an equally large opportunity potentially exists in personal lines too. With this in mind, Post, in association with Cyberscout, brought together a panel of experts to discuss the potential for personal cyber insurance and look at how this might manifest itself

The session began with participants discussing how insurers can move cyber cover out of the mid and high-net-worth space – where it is mostly offered at present – into the mainstream.

Tom Spier

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