Ep. 5 - In For A Penny, In For A Pound: There's no Successful Cyber Insurance without Cyber Security - with Sarah Stephens
Cyber insurance alone isn't enough. You need both cyber security systems and insurance in place.
Sarah Stephens, Head of Cyber at Marsh, chats with Anthony about the next 6-12 months in the cyber insurance market.
You'll learn:
1. Why cyber insurance needs cyber security to successfully prevent losses
2. Why underwriting needs to become more nuanced
3. The importance of tabletop exercises
4. Why you shouldn’t skip quantifying cyber risks
5. What impact the war in Ukraine has on cyber security and insurance
About Sarah:
Sarah is Head of Cyber, International at Marsh and has more than 20 years of experience. She focuses on strategy development and compliance, as well as cyber risk insurance implementation. She advises Marsh Specialty clients around the world, and is part of the largest and most experienced cyber team in the London market. Sarah counsels clients on understanding cyber, technology and media E&O (PI) risks and developing leading, tailored insurance solutions.
Find Sarah on LinkedIn: https://www.linkedin.com/in/sarahmstephens/
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About Marsh:
Marsh is the world's leading professional services firm providing risk, strategy and human capital advice and solutions. Through its market-leading brands, colleagues in more than 130 countries help clients identify, plan for and respond to critical business issues and risks. Its around 45,000 employees worldwide provide industry-focused brokerage, consulting and claim advocacy services on leveraging data, technology, and analytics to reduce their clients' total cost of risk.
Website: https://www.marsh.com/
Industry: Financial Services, Professional Services, Service Industry
Company size: over 45,000
Headquarters: Greater New York Area, East Coast, Northeastern US
Founded: 1871
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About the host Anthony:
Anthony is passionate about cyber insurance. He is the CEO of Asceris, where they enable their clients to respond to cyber incidents quickly and effectively.
Anthony is originally from the US, but now lives in Europe with his wife and two children.
Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: ahess@asceris.com
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