New Cyber Hub announced for The BIBA Conference 2024

Authored by BIBA

For the first time at its annual conference, the British Insurance Brokers’ Association (BIBA) has collaborated with CFC to co-design and deliver The Cyber Hub for BIBA members, an exciting new feature for #BIBA2024. Sponsored by CFC, The Cyber Hub will offer attendees an immersive tech experience showcasing the latest in cyber technology, expert insights, case studies, and an interactive ‘beat-the-hacker’ game.

The urgency for cyber resilience has never been more apparent, following the UK Government’s estimation of approximately 2.39 million instances of cybercrime and 49,000 instances of cyber fraud affecting UK businesses in the last year. The Cyber Hub will support members and conference attendees by taking them on a journey to discover:

The importance of cyber insurance and why it’s essential for any businessStrategies to effectively sell cyber insurance and overcome common client objectionsEssential components of a robust cyber policyThe future of cyber insurance including proactive cyber.

Drawing upon over 20 years of expertise, CFC will provide attendees with unparalleled access to their team of cyber underwriters, security experts, incident responders, and claims adjusters.

Shaune Worrall, Deputy Head of General Insurance at BIBA commented: “Not everyone is confident to talk cyber insurance. The Cyber Hub is a relaxed space for brokers to learn about the pro-active levers that can help their clients prevent and recover from cyber attacks. The experts will de-bunk some myths and show how accessible cyber insurance as a service really is.”

Pat Brice, Distribution Director at CFC, added: “As BIBA’s official cyber scheme provider for 20 years, we’re delighted to sponsor the Cyber Hub, a space for all brokers to develop their cyber knowledge. We’re looking forward to taking brokers on a journey in this immersive experience and equipping them with the expertise and skills to educate clients on cyber threats and the critical value of cyber insurance.”