Cyber Insurance (CE Credits Available)
Instructor-led via Zoom.
Description
(CE AVAILABLE IN THE FOLLOWING STATES ONLY: AL, AZ, CA, CO, GA, MS, NM, OH, TX, & WA)
The student will explore in detail Cyber Liability, the different types of cyber-attacks, and the coverages needed to insure cyber exposures properly. Underwriting principles for each of these coverages are reviewed, as well as information on the application process.
Particular topics covered include:
- Defining cyber insurance and describing its scope and categories
- Discussion of the distinctions between First-Party Coverage and Third-Party Coverage
- Exploration of an Extortion Attack
- The elements of Crisis Management Coverage
- The role of Regulatory Coverage
- Network Security Liability
- Cyber Media Liability
- Types of Cyber Crime: Phishing, Ransomware, Breached Cloud Provider, Pharming, and more
- How to estimate an insured's potential cyber exposure
- Current trends in Cyber-attacks and claims
- Selling Cyber Insurance in today's market
- Applying for quotes with cyber insurance providers
CE Requirements
ICA Webinar Guidelines
In accordance with NAIC Guidelines and Regulations
Course Guidelines for Classroom Webinar/Webcast Delivery
These guidelines apply to courses conducted via instructor-led live webinars, attended in real-time in all locations.
- The student is provided a login (user name, password, and/or email) by ICA before the course start date and an invitation to the course. Students must sign in and sign out utilizing the Chat feature on the Webinar and/or email. Insurance Centers of America maintain all minimum student requirements and attendance as required by State Statutes.
- All participants must provide their License Number and State license at the beginning of each course via the chat feature.
- At the beginning of each course, the instructor reviews ICAs attendance guidelines, course participation requirements, course expectations, and course agenda.
- The instructor determines Insurance Centers of America, Inc’s process to evaluate when a participant is inactive or not fully participating. Each course is interactive, and the instructors ask questions throughout, requiring each student to respond accordingly. Two poll questions are asked during the course, and each student must answer via Chat, which they have a minimum of 1-minute to respond. Students are required to interact in real-time with the instructor. Courses are structured, so everyone can interact, ask questions, and respond to the instructor anytime during the course.
- As mentioned, Insurance Centers of America, Inc. maintains an electronic roster including records for each participant’s login/log-out times. Included are records of the session and copies of the Chat dialog. Chat is monitored constantly by the instructor, in real-time, and responded to in real-time. Chat conversations are copied and saved on our computer system and record books.
- Inactivity is not logging in or out; they do not participate or return late from a scheduled break. If any of these occur, the student will not get credit for the course. Our courses are designed for the participation of students. They will not receive CE credit for the course.
- Our courses are provided via interactive Webinar. As mentioned above, students are called upon during the entire instruction period and are required to interact within the course timeframe. As mentioned in bullet point #4, we also require all students to answer poll questions within 1-minute. Since this is a webinar course, students and Instructors may be in different locations.
- Insurance Centers of America, Inc provides 50 minutes of instruction for each credit offered to meet the requirements for the continuing education requirements.
Since this course offering is an instructor-led Webinar, no final exam is required.
Please note: Texas requires 3 student minimum for CE course. If your resident state is TX and the course does not have 3 students or more enrolled, CE credit cannot be given.
Prerequisites
None