Ep 4 - Cyber Insurers Paying Claims is Driving the Industry Today - with James Tuplin
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Description
Cyber Insurers sometimes hear in the press that they don't pay claims. The truth is the opposite: Cyberattacks drive high claim numbers – and premiums increase while coverage is harder to find. James Tuplin, SVP, Head of International Cyber at Mosaic Insurance, chats with Anthony Hess about cyber policies today, and shares the only time he's ever declined a cyber claim. You'll learn: 1. Why cyber insurers paying claims is a driving force for the industry 2. System outages as part of cyber policies – Yes or No? 3. How to improve cyber underwriting 4. Why ransomware is a huge concern in cybersecurity 5. The challenges with aggregated events About James: James has more than 18 years of experience underwriting international commercial risk, with a focus on the cyber and tech, media and telecom (TMT) sector. At Mosaic, he is developing the international cyber portfolio, starting in London and seeking opportunities in Europe, Asia Pacific, and the Middle East. He was previously head of cyber and TMT for AXA XL’s international financial lines division and also held cyber-related roles at QBE, Allianz Insurance, and Zurich. Find James on LinkedIn: https://www.linkedin.com/in/james-tuplin-9b24a29/ James' company Mosaic Insurance: https://www.mosaicinsurance.com/ __________ About Mosaic Insurance: Mosaic is a next-generation, global specialty insurer harnessing visionary leadership, exceptional underwriting talent, a focus on complex product lines, and a digitized operating model. Coupling Lloyd’s Syndicate 1609 with a wholly-owned syndicated capital management agency, Mosaic is uniquely positioned to offer capacity and custom service to clients in markets around the world. We leverage the legacy of Lloyd’s, along with the market’s global license network and financial-strength ratings: A, Excellent Outlook (AM Best); A+, Strong Outlook (Standard & Poor’s); AA-, Very Strong Outlook (Fitch Ratings). Website: https://www.mosaicinsurance.com/ Industry: Insurance Company size: 80-100 Headquarters: Hamilton, Bermuda; Chicago, New York, US; London, UK Founded: 2021 __________ 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 lives in Europe now with his wife and two children. Get in touch with Anthony via LinkedIn https://www.linkedin.com/in/anthonyhess/ or email [email protected] This podcast is powered by SAWOO – https://www.sawoo.io 
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