The 2015 Professional Liability Conference was a great success. The focus was on cybersecurity. With several large breaches at health insurers over the past year, cyber insurance has risen to the top of most Blue Plan risk managers’ priorities.
Conference speakers covered a range of topics. The meeting kicked off with greetings by Mr. Scott Serota, President and CEO of the BCBSA and by Mr. Scott Beacham, President and CEO of BCS.
From there, we shifted quickly to cyber risks. Simon Barker of Blue Moon Consulting spoke about reputational risks. One of BCS’s reinsurance representatives, Tom Draper, spoke about developments in cyber insurance. Later that day, we worked through a table top exercise with Ted Kobus of BakerHostetler, which gave risk managers an idea of the questions and issues that arise during a breach. Chris DiIenno of Lewis Brisbois addressed legal and regulatory trends related to cyber breaches.
The next day, the focus was on the cyber program, since named CyberBlue 2016, that Plans and BCS are jointly creating. The risk manager work groups presented an update of their activities and reinsurance representatives provided more details on the inner workings of the program.
We had a great discussions with lots of input from the conference attendees. We hope to see you again next year!
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Professional Liability | BCS Insurance Company