Ep. 6 - Outside-In Scans Aren't the Answer: Why there's More to Assessing a Company's Cyber Risk - with Lindsey Nelson
We're facing a corrective market: Premiums increase and capacity for most types of insurance decreases.
Lindsey Nelson, Cyber Development Leader at CFC, chats with our host Anthony about how to reintroduce consistency in approaching the "hard market" & market correction.
You'll learn:
1. Why assessing a company's risk should not be based on outside-in scans alone
2. Lindsey's thoughts on the corrective market, rate increases and the difficulty in securing capacity
3. Challenges selling the value of cyber insurance in today's market
4. Ways to enhance the overall cyber market
5. The 3 biggest challenges in cyber insurance today
About Lindsey:
As Cyber Development Leader, Lindsey oversees the global business development strategy across CFC’s cyber portfolio, responsible for key account management, distribution and new business growth strategy, and internal development across a team of over 60 underwriters. Having nearly a decade of experience underwriting Cyber and Technology risks previously at Chubb, and overseeing the international cyber team at CFC, Lindsey's expertise in cyber has put her in demand for a wide range of conferences across Europe and North America while continuing to play an active role in underwriting strategy. She is a sought-after speaker on the topic of cyber insurance and a vocal champion for women and young brokers in insurance.
Find Lindsey on LinkedIn: https://www.linkedin.com/in/lindsey-nelson-0966995a/
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About CFC Underwriting Limited:
CFC is a specialist insurance provider, pioneer in emerging risk and market leader in cyber. Their global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting, and protect customers from today’s most critical business risks. Headquartered in London with offices in New York, Austin, Brussels and Brisbane, CFC has over 600 staff and is trusted by more than 100,000 businesses in 90 countries.
Website: https://www.cfcunderwriting.com/
Industry: Information Technology, Insurance
Company size: over 500
Headquarters: London, England, United Kingdom
Founded: 1997
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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
This podcast is produced by our friends at SAWOO – https://www.sawoo.io/