![]() |
Commenting on the Abta cyber incident, Sarah Stephens, Head of Cyber at JLT Specialty, said:“In an age of IT outsourcing, where information is stored on a server or through a third party vendor, as we have seen in the case of Abta, companies are at greater risk of experiencing a data loss or cyber incident on a large scale. |
“The raft of additional expenses following a data breach, most notably for consumer or member notification, forensic investigation, public relations, and other crisis management expenses, highlight the need for cyber insurance. Traditional insurance products aren't likely to respond to the potentially significant incident response costs in this case, which may extend far beyond Abta itself. A critical element of cover in cyber policies is the policy responding to the insured’s costs and liability even if a vendor, such as a third party web developer and hosting company, is the source of the security breach or technology failure. Due to incidents like this, scrutiny of third party contractors’ cyber security systems have increased and many companies have tightened the level of required controls. |
|
|
|
BPA Director - Origination | ||
London / hybrid 2-3 dpw office-based - Negotiable |
Senior GI Actuarial Analyst | ||
South East / hybrid 2 dpw in the office - Negotiable |
Nearly/Newly | ||
London - Negotiable |
Life actuarial analyst opportunities | ||
South East / hybrid 1 dpw office-based - Negotiable |
Life Actuary - Financial Reporting | ||
South East / hybrid 1 dpw office-based - Negotiable |
EXCLUSIVE: Corporate Pensions Consultant | ||
Flex / hybrid - Negotiable |
DB Pensions Actuarial Assistant Manager | ||
Flex / hybrid 2 days p/w office-based - Negotiable |
DC Pensions Actuarial Consultant | ||
Flex / hybrid 2 days p/w office-based - Negotiable |
GMP Actuarial (Senior) Consultant - R... | ||
Remote - Negotiable |
Actuarial modelling engineer with a d... | ||
Flex / hybrid 2 days p/w office-based - Negotiable |
Reinsurance Pricing Actuary | ||
London - £110,000 Per Annum |
P&C Risk Actuary - International | ||
Bermuda - Negotiable |
Actuary/Data Scientist | ||
London / hybrid 2 days p/w office-based - Negotiable |
GI Pricing Manager | ||
London or Scotland / hybrid 50/50 - Negotiable |
Senior GI Pricing Analyst | ||
Leeds / hybrid 2dpw office-based - Negotiable |
Lead Actuary – Reinsurance Pricing | ||
London / hybrid 3 dpw office-based - Negotiable |
Actuary – Reinsurance Pricing | ||
London / hybrid 3 dpw office-based - Negotiable |
Snr Actuarial Consultant/Mgr: Pricing... | ||
London / hybrid 2 days p/w office-based - Negotiable |
Snr Actuarial Consultant/Mgr: GI Capi... | ||
London / hybrid 2 days p/w office-based - Negotiable |
(Senior) Actuarial Reserving Consultant | ||
London / hybrid 2 days p/w office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.