Ep. 8 - Why Partnership is Essential to Fight Cyber Risk - with Michael Phillips

Cyber Insurance Leaders

How can insurers and insureds partner up to combat cyber risk?
And how can cyber claims teams create holistic solutions?
Our guest today is Michael Phillips, Chief Claims Officer at Resilience at the time of the interview (now Cyber Practice Leader, USA at CFC). He chats with Anthony about his experience in the cyber insurance market.
You'll learn:
1. The need for partnership with insurers and insureds to combat cyber risk
2. Michael's work on the ransomware task force
3. Why simply buying the right tool is not the holistic solution to cybersecurity issues
4. Is the cyber insurance tech marketplace sustainable or will its capabilities be absorbed into traditional insurers
5. What gaps do cyber claims teams need to close to be able to deliver real value
About Michael:
Michael Phillips was Chief Claims Officer at Resilience at the time of the interview. Now he is Cyber Practice Leader, USA at CFC, the specialist insurance provider, pioneer in emerging risk and market leader in cyber. Michael also serves as Co-Chair of the Ransomware Task Force convened by the Institute for Security & Technology. An experienced lawyer and underwriter focused on cyber risk, Michael's tech and legal writing has been published by The New Yorker, BuzzFeed, and Bloomberg.
__________
About Resilience:
Resilience is a cyber insurance provider that combines insurance and security solutions for firms in the middle market. The company offers organizations the tools, guidance, and solutions to insure and secure their data. It offers cyber insurance policies with a high level of personal service, market-leading coverage, and bespoke security solutions. The cyber insurance policies are available exclusively through their limited distribution network.
Website: http://www.resilienceinsurance.com/
Industry: Cyber Security, Risk Management, Telecommunications
Company size: over 100
Headquarters: San Francisco, California, United States
Founded: 2016
__________
About the host Anthony:
Anthony is passionate about cyber insurance. He is the CEO of Asceris, where they enable their clients to respond to cyber incidents quickly and effectively.
Anthony is originally from the US, but now lives in Europe with his wife and two children.
Get in touch with Anthony on LinkedIn: https://www.linkedin.com/in/anthonyhess/ or email: [e-mail]
__________
This podcast is produced by our friends at SAWOO