We will have the pleasure of hearing Bernard Regan, Simon Oddy and Harriet Bateman from Baker Tilly speak about their experience with business interruption losses arising out of cyber incidents. In particular, they’ll cover how to calculate these losses.

 
 
 

Cyber & Business Interruption

 
 

Thursday, January 28, 3:00 – 4:00 p.m. ET

 
 

Discussion points:

  • Baker Tilly and Their Cyber Team
    • Claims process
    • Before, during and after
  • Trends and What Cyber Security Is ​​​​​
    • Triggers
    • Where do costs sit?
    • Event management
    • Subrogation
    • Bricking
  • Forensic Investigations 
    • What works and what doesn’t in claims
    • Types of costs
    • Incident response queries
  • Business Interruption ​​​​​​
    • Overview of BI insurance
    • Cyber BI wordings part one: profit
    • Calculating a loss of sales
    • Rate of gross profit & sums insured
    • Cyber BI wordings part two: period of loss
    • Adjusting a cyber BI loss
    • Loss of contracts
    • Contingent business interruption
  • Case Studies
 
 

Speakers

 
  Elissa K. Doroff, Cyber Technical Leader, Management and Professional Lines at NFP 

Bernard Regan, Principal/Head of Forensic Technology, Baker Tilly

Simon Oddy, Partner, Baker Tilly,​​​​​​

Harriet Bateman, Senior Manager, Baker Tilly
 
 
 

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This information has been provided as an informational resource for NFP clients and business partners. It is intended to provide general guidance, and is not intended to address specific risk scenarios. Regarding insurance coverage questions, each specific policy must be reviewed in its entirety to determine the extent, if any, of coverage available for the impact of the Coronavirus. If you have questions, please reach out to your NFP contact.