Cyber insurance has always been a grey area for businesses with a limited understanding of Underwriting, Risk Management, making the choice of policies, pricing, processes, claims, and much more. The SME sector has overlooked Cyber Insurance due to a lack of awareness. Financial Technology Frontiers Canada and Indo-Canada Chamber of Commerce in association with Banking Frontiers organized an insightful session to demystify the concept of CyberSource and throw light on the Preparation needed to acquire the policy, role of brokers, security strategies to mitigate threats and reduce premiums, determining the right value for cyber insurance and aspects of registering claims to ensure fulfillment of the same. Quite an insightful session with Insurance, broking, consulting, and technology experts like Bhavik Parikh, Muralilal Thapliyal, Babu Nair, Arjun Bhaskaran, Mercy Komar, John Henry Sheard and Sreenath (Sree) Padmanabhan.
Thanks to the Indo-Canada chamber for facilitating this.
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