Some 150 people across the insurance and cyber industries gathered today to talk about some of the hottest topics within the cyber insurance system. I'm Yvette Essen for CyberCube at our annual Foresight conference in London. We covered a variety of topics, from the growth of the European market to product innovation and the use of artificial intelligence.
I am very excited to be here today, as this is the first time we've held a London-based user event in quite some time. I'm also thrilled to be in front of a group of leaders who are shaping the future of the cyber insurance industry.
One of the topics covered during the session was the growth of the European market, as well as the challenges it faces. We were joined by a number of CyberCube guests across the whole value chain. Representatives from Scor, Canopius, and Guy Carpenter touched upon the cultural, regulatory, and technical themes that influence the growth of this market.
At the Foresight conference, we also launched a new report with Gallagher, which looked at a counterfactual analysis—examining what could have happened during a major event, had certain circumstances been different. Our session on insurance-linked securities (ILS) in the cyberspace also reflected on a report CyberCube published earlier this year.
Why has CyberCube become a leader in this space? One reason is the market share of our Portfolio Manager across the insurance industry. Investors wanted to see that these models were being used to make business decisions.
Artificial intelligence was a hot topic at the Foresight event, and our Co-Founder and Chief Product Officer, Ashwin Kashyap, discussed the role of AI and how CyberCube is using it in product development.
Of course, no conference in the cyber insurance market would be complete without a chance to network, and we certainly provided that, along with entertainment and drinks at the end of the day.
For CyberCube at the Foresight conference in London, I'm Yvette Essen.