What is Cyber Insurance? Are you covered?

Presented at RVAsec 2019, May 22, 2019, 1 p.m. (50 minutes).

Attendees of this session will gain a clear perspective of what benefits Cyber Insurance can provide to their existing Cyber Security Program.  Today, Cyber Insurance is no longer a “nice to have” but is a “must have” for every company doing business in a digital world.  But how much coverage do you need and what’s really involved in getting cyber insurance?  People who attend this session will gain a clear perspective on what Cyber Insurance can and can’t provide and where traditional insurance policies fall short.


Presenters:

  • Lou Botticelli - Markel Corporation
    Lou Botticelli serves as Executive Underwriter, Professional Liability for Markel Assurance Risk Management.  Prior to his employment at Markel in 2015 he worked for insurance broker Marsh & McLennan on the Private Equity & Mergers and Acquisitions team performing both advisory and placement responsibilities for various clients.  Before working at Marsh he worked for Arch Insurance's Executive Assurance Division and Hartford's Financial Products Division holding various roles in their respective private equity groups.  He began his career in the National Accounts Management Liability Division at AIG and now has over 15 years of insurance experience.  He graduated with a BBA degree in Business Management from Pace University in 2000.
  • Kara Owens - Markel Corporation
    Kara Owens is Managing Director, Global Cyber Underwriting Executive at Markel Corporation.  In this role, Kara is responsible for establishing and leading Markel’s cyber market strategy and working with cyber underwriters across the Company to achieve growth and profit initiatives. She is in charge of best practices for cyber underwriting and reinsurance strategies worldwide in all Markel divisions. Prior to this role, Kara was the Global Head of Cyber at TransRe and prior to that was a reinsurance broker at Guy Carpenter.  Kara graduated Magna Cum Laude with Bachelors of Business Administration with a dual focus in Risk Management and Insurance as well as Marketing from Temple University. She holds her RPLU, CPCU, ARe and ARM designations.  Kara is a frequent speaker at universities and cyber insurance conferences.  She is on the Board of the APIW (Association for Professional Insurance Women).

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