Run Time: 1:26
August 6, 2015 in Carrier Management
Unintended Consequences Loom from NAIC’S Cyber Principles
(No Ratings Yet)
Loading...4,024 views
In April, the Cybersecurity Task Force of the National Association of Insurance Commissioners adopted "Principles for Effective Cybersecurity: Insurance Regulatory Guidance--a welcome initiative, providing a minimum threshold of risk management for all insurance carriers, according to Kevin Kalinich, Aon's global practice leader for cyber insurance. But the principles could also have a downside, he told attendees of the Standard & Poor's 2015 Insurance Conference. In an interview with Carrier Management, Kalinich reviewed the possible unintended consequences, talks about how insurer pricing methods have evolved.
