Join CFMA Colorado Chapter for Lunch and an Educational Session 

Cyber Insurance in a Hardening Market

Over the last 36 months, cyber insurance has suffered through an unprecedented hard market, driven by a massive increase in both severity and frequency of Ransomware activity. Without discrimination, bad actors have seemingly perfected ways to extort businesses of all shapes and sizes into paying for the ability to re-access their own information. This activity has sent ripples through the market, forcing an emphasis on security and IT controls that were absent from cyber underwriting for years. The effect this has had on insurance buyers has been unlike anything we’ve seen before.

• 3 learning objectives
  • Understand changing market in cyber insurance.
  • Help identify bad actors and risks in the marketplace.
  • Identify security protocols and IT controls to help mitigate risk from fraudulent attacks.

Kevin Pomeroy, Region Director
Executive and Professional Risk Solutions (EPS)

Kevin leads the Executive and Professional Services Practice Group (EPS) and oversees structure and placements for all USI offices in USI’s Mountain Central Region. He and his team provide consulting and marketing support and manage client needs for directors and officer’s liability (D&O), professional liability (E&O), data security and privacy liability (Cyber), employment practices liability (EPL), fiduciary liability and crime.

Kevin has been a broker dedicated exclusively to D&O, Cyber and related product lines for his entire insurance career. He previously served for over five years as an Assistant Vice President within Aon’s Financial Services Group, with a specific focus on financial institutions and large Fortune 1000 companies. Kevin is a frequent speaker and contributor to various conferences and insurance publications.

Kevin has extensive experience representing a large and diverse group of Fortune 1000 and other complex clients. His experience also includes assisting clients with corporate transactions or events, including IPOs and mergers/acquisitions.

Kevin earned his Bachelor of Arts in Communication Studies from Clemson University, and in a previous career he worked in journalism, as the sports editor for multiple newspapers in both South Carolina and Rhode Island.