Page 8 - INA Program Book

6 | INSURANCE NETWORKS ALLIANCE

8:00 am
Networking Breakfast

9:00 am
General Session

Cyber Liability – Protecting Your Network and Agents
, JANUARY 30
AGENDA
John Immordino, Arlington/Roe
Cyber crime is one of the fastest growing crimes with no
slowdown in sight. All businesses which collect private
information about their clients, must comply with State and/
or Federal Notification Laws. These notification requirements
can cost small businesses on average over $650,000 and
larger businesses can be in the millions. Given this rapidly
growing exposure it is difficult for businesses to understand
the definition of private information, how to protect it and
how to comply with Notification Laws. This course will
provide attendees with an understanding of the current
exposures associated with cyber risks and ways to protect
their companies, networks, and member agents.

Be prepared to bring your questions to this
presentation. Here are just a few sample questions
you can expect to be answered:

Question #1:
Y Agency Networks are often the producer of record on
THURSDA
some policies written by member agencies. This status
can create cyber liabilities for the network even if the
breach occurs with a member agency. Who is liable for
cyber notification, reporting, and mitigation, the network
(Master Agent) or the member (Subagent) – or both?
Question #2:

How can networks reduce their exposures from cyber-
attacks on their member agencies?

Question #3:
What cyber insurance products are currently available
that would protect a network (Master Agency) from
liabilities associated with member agency breaches?