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Cyber and Auto Insurance Cost on the Rise: Verdicts, Best Claims Management Practices, & Improving Company Growth

  • Room: GS 17
Tuesday,May 17, 2022:2:45 PM -3:45 PM

Speaker(s)

Speaker
Brian Robinson
Senior Client Executive
Snellings Walters Insurance Agency
Speaker
Michael Parsa
Claims Practice Leader
Snellings Walters Insurance Agency
Speaker
Wayne Dean
Partner
Snellings Walters

Description

Why are integrators potential high risk for cyber attacks? Why are my insurance costs on the rise, and what can I do to mitigate these costs? Join the Snellings Walters session to learn about cyber liability and commercial auto best practices. Cyber and auto discussions with real claim examples and strategies to help lower your overall insurance cost. Like many other sectors of the economy, the commercial insurance industry is experiencing changes to both its market cycles and its operating procedures. In particular, 2020 and 2021 brought an acceleration of a hardening insurance marketplace—one that is less friendly to insurance buyers—which is now nearly two years old. Organizations must account for dynamic, short- and long-term trends, while also addressing trends that affect the economy as a whole.


Track(s)


Super Track(s)


Methodology

Discussion on rise in insurance cost and show examples of why integrators are potential high risk for CYBER attacks. Mike Parsa, licensed attorney will present best practice strategies for CYBER security and how a company can protect themselves from future attacks.

Learning Objectives

1. Uncover strategies to help lower overall insurance cost, including commercial auto and cyber liability
2. Research what cyber liability policies are best to purchase and how to protect your company from future attacks