Focus

Cyber risk is one of the clearest examples of how modern risks are challenging traditional insurance models. This panel will examine cyber risk not only as a technical threat, but as an insurance, underwriting, pricing, wording, claims and market-capacity challenge.

The panel will focus on what cybersecurity means for insurance professionals: how it is assessed, priced, transferred, excluded, accumulated, claimed and explained to clients.

Showcasing the practical insurance implications of cyber risk.

Core Themes

• The changing cyber threat landscape and its implications for insurers and intermediaries.
• Cyber underwriting and the increasing importance of security posture, controls and risk maturity.
• Policy wording evolution, including affirmative cyber, silent cyber and coverage clarity.
• Pricing, capacity and reinsurance dynamics in the cyber insurance market.
• Data scarcity and the difficulty of modelling cyber risk.
• Claims trends, including ransomware, business interruption, third-party liability and incident response costs.
• The challenge of making cyber insurance accessible, suitable and meaningful for SMEs.
• Cyber insurance as part of a wider resilience strategy, not a substitute for cybersecurity.

Keynote Speakers

Gianmarco Capannini, Head of Specialty Lines, Munich Re Italy

Julia Kozlowska, Cyber, BBB & Crime Underwriter, Munich Re Italy

Panel Moderator

Francis Valletta, General Manager, Gasan Mamo Insurance

Panellists

Anthony Hess, Chief Executive Officer, Asceris (UK)

Judith Galea, Founder & Managing Director, National Insurance Brokers Ltd

Julia Kozlowska, Cyber, BBB & Crime Underwriter, Munich Re Italy

Ramon Cutajar, Partner, Forvis Mazars

Stephen Vella, Systems Integration CTO, Computime

The panel discussion will be followed by a Q&A session.

Focus

As insurance products and risk environments become more complex, professional judgement becomes more important, not less. This panel will examine how insurers, intermediaries, advisors and other insurance professionals should adapt their conduct, governance and advisory practices in response to emerging risks.

The panel will consider how awareness of complex risks should translate into responsible advice, suitable products, clear disclosure, good governance, fair client outcomes and ethical professional conduct.

Connecting technological change to trust, accountability and professional responsibility.

Core Themes

• Regulatory expectations in relation to emerging and complex insurance risks.
• Conduct obligations concerning suitability, disclosure, transparency and client understanding.
• The responsibilities of brokers, intermediaries and advisors when products become more complex.
• Professional judgement in a data-driven and algorithmically supported environment.
• Governance frameworks that support responsible innovation and ethical risk advice.
• The risk of over-reliance on models, automated tools or vendor-provided solutions.
• Accountability for decisions supported by technology, data and analytics.
• The importance of maintaining client trust in a changing insurance market.

Keynote Speaker

Pierpaolo Marano, Professor of EU Insurance Law and Regulation (IT)

Panel Moderator

Pierpaolo Marano, Professor of EU Insurance Law and Regulation (IT)

Panellists

Etienne Sciberras, President & Chief Executive Officer, Mapfre Malta

Frank Cassar, Senior Actuarial Analyst, Zenith Actuarial

Romina Bonnici, Senior Regulatory Advisor, Ganado Advocates

Sarah Pulis, Head, Conduct Supervision, MFSA

The panel discussion will be followed by a Q&A session.

Focus

Data and analytics are changing how insurance is practised. This panel will examine how real-time data, telematics, IoT, artificial intelligence, machine learning and advanced analytics are transforming risk assessment, underwriting, pricing and portfolio management.

The focus is on technology as an insurance capability: how data-driven tools can support better risk understanding and more dynamic pricing, while also creating new challenges around data quality, governance, fairness, transparency, explainability and regulatory acceptability.

Drawing a clear distinction between technology as a source of new risks and technology as a tool for improving insurance practice.

Core Themes

• Real-time data streams and their influence on underwriting and pricing.
• IoT, telematics and connected devices as sources of continuous risk information.
• Machine learning and advanced analytics for segmentation, risk scoring and pricing.
• Data quality, reliability, provenance and governance.
• Model risk, explainability, validation and oversight.
• Dynamic pricing and its implications for fairness, transparency and conduct.
• The relationship between actuarial judgement, underwriting experience and automated modelling.
• The operational and governance requirements for sustainable use of data-driven models.

Keynote speaker

Tim Hill, Consulting Actuary, Zenith Actuarial (UK)

Panel Moderator

Tim Hill, Consulting Actuary, Zenith Actuarial (UK)

Panellists

Bernard Valletta, Senior Manager Actuary, Insurance & Pensions Supervision, MFSA

Gavril Flores, Chief Officer, Malta Digital & Innovation Authority

Gianmarco Capannini, Head of Specialty Lines, Munich Re Italy

The panel discussion will be followed by a Q&A session.

This workshop is fully booked.

Workshop Leader: Pierpaolo Marano, Professor of EU Insurance Law and Regulation (IT) and Andre Farrugia, Insurance and Risk Management Expert (MT)

The workshop will provide a technical discussion of how policy wordings can either clarify or obscure the intended scope of cover. It will examine how insurers, reinsurers, brokers and clients can work towards better contract certainty and more transparent communication.

Core Themes

• Silent cyber and non-affirmative exposures.
• Coverage gaps and wording interpretation risks.
• Emerging exclusions, endorsements and affirmative cover.
• Claims and dispute implications.
• Contract certainty and client communication.
• Market best practice and evolving approaches to coverage design.
• The role of intermediaries in explaining policy limitations and uncertainty.

This workshop can be booked as a standalone session. Register now.

Workshop Leader: Anthony Hess, Chief Executive Officer, Asceris (UK)

This workshop will provide a practical, hands-on exploration of how cyber risks materialise, how cyber insurance responds in practice, and how insurers, intermediaries and risk professionals can better assess, transfer and manage cyber exposures.

Through a case-driven approach it will connect the technical development of a cyber incident with insurance considerations such as underwriting information, policy response, exclusions, claims handling, business interruption, third-party liability, incident response costs and regulatory notification.

The workshop will also consider how AI and analytics may support cyber risk modelling, while recognising the limits of available data and the evolving nature of cyber threats.

Core Themes

• Cyber incident scenario simulation.
• Coverage and claims analysis.
• Identification of relevant policy triggers, exclusions and conditions.
• Discussion of underwriting information and security controls.
• AI and analytics in cyber risk modelling.
• Regulatory and operational response considerations.
• Lessons for insurers, brokers, clients and risk managers.

This workshop can be booked as a standalone session. Register now.

Workshop Leaders: Tim Hill, Consulting Actuary, Zenith Actuarial (UK); Will Davies, Consulting Actuary, Zenith Actuarial (Malta)

Workshop Leader: Romina Farrugia, Chair of the Authorisation Forum and Deputy Head, Insurance and Pensions Supervision, MFSA

This workshop will provide a practical overview of the regulatory framework governing Small and Non-Complex Undertaking (SNCU) applications. It will examine the qualification criteria for SNCUs and Small and Non-Complex Groups (SNCGs), the application process, and the proportionality measures available to undertakings that do not qualify as SNCUs. The session will also highlight key regulatory considerations and practical aspects of navigating the framework.

Core Themes

• Overview of the SNCU application process.
• Qualification criteria for Small and Non-Complex Undertakings (SNCUs).
• Qualification criteria for Small and Non-Complex Groups (SNCGs).
• Proportionality measures for undertakings that do not qualify as SNCUs.
• Regulatory expectations and practical considerations during the application process.
• Common challenges and considerations for applicants.

This workshop can be booked as a standalone session. Register now.