Begun work on my 2nd book. This one is focused on insurance and cyber. 1st book: “Stone Tablets to Satellites: The Continual Intimate but Awkward Relationship Between the Insurance Industry and Technology".
Regarding cyber insurance, specifically for systemic cyber risks, I just love it when the ways and paths to offer cover are made by brokers and other insurance intermediaries. If insurers don't offer cover for systemic cyber risks, the industry's reputation will suffer, the brokers cry to the heavens. Here, we have a way for you, the insurers to cover systemic cyber risk ... I think the carriers should take the brokers up on their offer if, and only if, every penny (or pence or shilling) of every systemic cyber risk loss (from every entity of the ecosystem / supply chain that is cyber hacked in the systemic loss event) is taken out of the broker's firm’s bottom-line. #cyber #systemiccyberrisk #brokersponyup