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There have been several cases of cyber breaches in recent weeks. With recent cases like that of Ashley Madison and Carphone Warehouse, the PRA have this week flagged this issue to the insurance industry, by instructing that companies fill out a questionnaire to assess their cyber resilience capabilities. |
Whilst any instruction from the regulator could be seen as yet another administrative burden to overcome, please find the comment below on the PRA’s latest requirements from Moore Stephens, the insurance adviser.
Gavin Davey, Associate at Moore Stephens LLP, says: “In addressing the PRA’s questionnaire every insurer should apply the necessary rigor and foresight – the PRA expect that the completed questionnaire is a true and accurate statement from the firm’s Board. Though it might seem like another box ticking exercise, there are several complex issues that firms may not have considered or even fully understood. The consequences for getting it wrong could be severe and far reaching. “There is an opportunity for each insurer to be open and honest about their capabilities and ultimately, work towards improving their security. Complacency and apathy is no longer an option in such a highly interconnected world.” To access the Questionnaire to assess cyber resilience capabilities click below
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Capital excellence in the capital - S... | ||
London - Negotiable |
Life Reinsurance Associate - Bermuda | ||
Bermuda - Negotiable |
Life Reinsurance Director - Bermuda | ||
Bermuda - Negotiable |
Scotland - the price is right! | ||
Scotland / hybrid 2-3 dpw office-based - Negotiable |
Projects Actuary | ||
South East / hybrid 1-2 dpm office-based - Negotiable |
Technical Business Analyst - Internat... | ||
Bermuda - Negotiable |
Senior Pensions Manager - Assurance | ||
Flexible / hybrid 2-3 days p/w office-based - Negotiable |
Head of Pricing | ||
London - Negotiable |
Consultancy Bonanza! | ||
UK-wide / London / hybrid - Negotiable |
Service Delivery Manager - Pensions | ||
Scotland / remote / 2 dpm in the office - Negotiable |
Life Actuarial Student – Risk | ||
Glasgow / hybrid 2 dpw office-based - Negotiable |
ALM Strategy Specialist | ||
Bermuda - Negotiable |
Senior Casualty Reinsurance Actuary | ||
London - £140,000 Per Annum |
Senior Pensions Administrator - Midlands | ||
Birmingham / hybrid - Negotiable |
Senior Pensions Administrator - Scotland | ||
Scotland / hybrid 2 days per month office-based - Negotiable |
Investment Analyst | ||
South East / hybrid - Negotiable |
International Capital Management Actuary | ||
Bermuda - Negotiable |
VP Reserving Actuary | ||
London - £150,000 Per Annum |
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
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