Advances in Cyber Risk Modeling

Nov 6

Advances in Cyber Risk Modeling

Nov 6 2018 - Nov 6 2018

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Advances in Cyber Risk Modeling

Tuesday, November 6, 2018  2:00 pm Eastern

What it’s about:
Cyber risk offers insurers an opportunity to grow their business and help society become more resilient in the face of a new threat. Eye-opening incidents such as Dyn and Wannacry illustrated the potential for catastrophic losses, but insurers remain challenged to understand how often cyber incidents can occur and how these can affect the performance of their business. As a result, cyber risk management decisions tend to be made with limited data and too much weight is put on intuition or broad assumptions. Risk models help insurers quantify the likelihood, severity, and economic and insured financial impact of cyber incidents. In this webinar, you’ll learn about the advances being made in the development of probabilistic cyber risk models and how these can be leveraged to inform risk management decisions.

At the end of this webinar, active attendees will understand:

  • The drivers of cyber risk for incidents such as security breaches and cloud service provider downtimes
  • The modeling techniques used to create cyber probabilistic models and the data used to validate and calibrate the models
  • The output of probabilistic models and how it can help make decisions that support product development, underwriting, portfolio optimization, and capital allocation for the cyber line of business

Who should attend:
Underwriters, portfolio and exposure managers, catastrophe analysts, and actuaries would all benefit from attending this webinar.


Individual Pricing:
CPCU Society members: FREE
Nonmembers: $79

Group Pricing (Unlimited Participants at One Location):
CPCU Society members: FREE
Nonmembers: $189

Non-CPCU Society Members: To purchase this recorded webinar, please contact

Continuing Education for CPCUs

CPCUs who attend will be awarded one credit hour towards the CE for CPCUs program. Learn more about Continuing Education for CPCUs here.


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Attach your brand to cutting edge educational webinars presented by the leading experts in the industry and promoted to over 20,000 CPCU Society members each month. For more information or to sponsor this webinar, please contact: Pete Howard, or (484) 831-9025


Scott Stransky

Scott Stransky is assistant vice president and director of emerging risk modeling in AIR Worldwide's Research and Modeling group. He leads the group responsible for cyber risk modeling, supply chain modeling, and life and health modeling. He leads the team building AIR’s deterministic and probabilistic cyber models, and is a recognized speaker at cyber insurance industry events. Scott earned a B.S. in Mathematics with Computer Science from the Massachusetts Institute of Technology and an M.S. in Atmospheric Science from the Massachusetts Institute of Technology.






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How do I report my CE for CPCUs credit?

Webinars count for 1 hour of CE for CPCUs credit. Your credit will be automatically reported with your registration for a live webinar. You can also earn CE for CPCUs credit by viewing recorded webinars though the Knowledge Center. All webinars watched in the Knowledge Center will be automatically reported for 1 credit.

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At this time none of the webinars are approved for CE in any state.


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