An Update from the PRA on Operational Resilience
Tue 13 Feb 2024, 15:00 - 16:45
Operational Resilience & Cyber Security: (Re)Insurers’ Responsibilities and the PRA’s Expectations
Our market is one that has inherited a hodge-podge of legacy systems and data silos.
With cyber incidents becoming increasingly ingenious and consumer duty now a key priority, the boards of our regulated (re)insurer members need to be aware of their responsibilities and the expectations of the PRA for operational resilience & cyber security.
But it is not only a question of knowing and understanding those responsibilities and expectations; crucial is the reality of how to balance them with our members’ business goals and resources.
We are here to help! We have arranged for Santosh Pandit, Senior Manager Insurance Risk Specialist at the PRA, to provide a succinct explanation of these responsibilities and expectations followed by a Q&A.
The talk is subject to the Chatham House Rule.