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ARTICLE · 06 SEPTEMBER 2024

US NAIC Summer 2024 National Meeting Highlights: Cybersecurity (H) Working Group

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On August 14, 2024, the Cybersecurity (H) Working Group ("CWG") of the Innovation, Cybersecurity and Technology (H) Committee met at the Summer 2024 National Meeting...

United StatesTechnology
Lawrence Hamilton
Lawrence Hamilton
Justin Herring
Justin Herring
Vikram Sidhu
Vikram Sidhu
Jared Wilner
Jared Wilner
Yuliya Feldman
Yuliya Feldman
Jessica Schultz
Jessica Schultz
Juliana G. Toes
Juliana G. Toes
Charles J. Watson
Charles J. Watson
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On August 14, 2024, the Cybersecurity (H) Working Group ("CWG") of the Innovation, Cybersecurity and Technology (H) Committee met at the Summer 2024 National Meeting of the US National Association of Insurance Commissioners ("NAIC"). In addition to routine matters, such as the adoption of the CWG's July 9 meeting minutes, the meeting covered the following matters.

The State of the Cyber Insurance Market

The CWG hosted an industry panel discussion on "The State of the Cyber Insurance Market: Trends, Challenges, and Opportunities," moderated by Jon Godfread, the North Dakota Insurance Commissioner. The discussion covered the evolving cyber insurance market, including underwriting innovations, cyber risk mitigation, coverage developments and regulatory support.

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