National Insurance Academy, Pune|Information Technology
P720 | Programme on Cyber Risk and Insurance Management (Life)
Academic Year 2026-2027
Duration
3Days
Scheduled Dates
18 May 2026 - 20 May 2026
03 Aug 2026 - 05 Aug 2026
15 Feb 2027 - 17 Feb 2027
Background
Cyber Risks dynamics has been changing significantly, and their risk exposures are increasing exponentially as the business dependence on Cyber Systems including IT and other digital infrastructure & vulnerabilities in Cyber Systems have now become more complex and embedded. Even for customers (and society at large), cyber platforms have become an essential part of daily life. Due to this, there is increasing awareness and demand for protection against Cyber Risk and Cyber Liabilities.
The cost of cyber crime globally has now gone up to 10.5 trillion USD. India also has been experiencing increasing cyber frauds and crimes.
Cyber Risk Management has also become part of ERM (Enterprise Risk Management). General Insurance industry has started providing insurance solutions against these risks to their retail and corporate clients, though a lot more work needs to be done by working closely with client industries to understand their cyber risk protection requirements. In this context, this Workshop has been arranged to bring together Cyber Risk Protection providers and various client industries.
Learning Objectives
To understand and appreciate the importance of Cyber Risk Landscape to Insurance industry
To understand Cyber Insurance Value Chain
To understand Cyber Risk Management, Cyber Insurance Product Development, Policy Wordings, etc. in existing Cyber Products
To develop necessary knowledge and skills in Cyber Security Risk Assessment & related modeling aspects
To provide understanding of the nature of Cyber Liabilities in every changing Cyber World and understand related legal, international practices and regulatory aspects
Key Contents
Understanding Cyber Risk Trends and Exposures
Cyber Risk Management Methods, Best Practices & Standards
Cyber Security Risk Assessment and Mitigation Measures
Cyber Risk Modeling & Analytics
Cyber Insurance Products for Commercial Organizations and Individuals
Cyber Laws, EU-GDPR, DPDP Act.
Cyber Risk Underwriting
Cyber Frauds and Crimes
Cyber Claims Handling and Analysis
Who Should Attend
Officers in the cadre of AO and above working in any department in Branch Office, Divisional Office, Zonal Offices & Central Office.
Trainees nominated for this programme in the last two years should not be renominated.
