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2024 Agenda

ITC Vegas

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Insuring for Cyber Losses for SME's: An AI-led Approach to Estimating Loss Coverages

October 17, 2024
Mandalay Bay Ballroom J
Risk Management Track

About 80% SMEs in US have no or inadequate cyber insurance. The primary reasons are high premiums and inability of insurers to quantity cyber risk objectively for this segment. Technologies like AI and machine learning can help remove underwriting blind spots and provide confidence to carriers to provide more capacity for this segment and improve their toplines by tapping into this huge market.  

Speakers
Amit Arora, Adjunct Associate Professor – Applied Risk Analytics - Columbia University