Session II: May 12, 2021, 9:00am 

Your Strategy for Recovery

Building a resilient organization that can withstand a cyber intrusion goes beyond compliance and notification requirements. Cyber criminals can bring an organization’s operations to a halt with a single ransomware virus, leaving it without the financial means to meet payroll, deliver client services, or even pay for the necessary breach response services to revert its systems back online. Understanding the financial impact an organization can withstand is crucial to building cyber resilience. Equally as important is understanding the value of its data or potential reputational /revenue implications that often accompany a cyber incident.  Companies need a robust cyber mitigation and response strategy to effectively manage a range of cyber crisis scenarios and maintain operational continuity.  This session will review insurance coverages, crisis management strategies, and the importance of board/leadership oversight.

Risk Cooperative will participate in The Institutes  The Future of Risk virtual conference, with a panel talk titled Effective Risk Management in a Disruptive World, which will update traditional risk management frameworks to help organizations better navigate the current evolving complex risk landscape.

LHA Trust Funds provides healthcare providers with insurance and claims administration services. Les Williams will speak to the LHA membership on issues of cyber, AI, and telemedicine. 

Employee benefits are a vital part of every workplace – whether your role is broker, a business owner, or employee. In this session, we’ll provide an overview of requirements and key benefits of a typical package, plus some ways that ancillary benefits can actually impact business operations via improved recruitment and retention. Time will be provided for Q&A. Risk Cooperative staff, Lewam Teklehaimanot and Derrick Wong, will co-present this session for the 2021 Spencer Webinar Series.