Cyber attacks present a challenge for industrial enterprises and insurance managers

Within the space of just a few years cyber attacks have evolved into a serious risk for industrial enterprises. Against the backdrop of rapid digitalisation and networking in the business world, the risk of falling victim to cyber crime is ever-present nowadays. The dangers include production outages, data theft and loss of know-how. Consequently, a steadily growing number of companies are giving consideration to these risks, including in their risk management activities.

With this in mind, the London-based trade newspaper "Commercial Risk Europe" devoted its "Risk Frontier Survey 2017" entirely to the issue of cyber risks and cyber insurance. HDI Global SE, the industrial lines insurer within the Talanx Group, is a sponsor of this report. Adrian Ladbury, the newspaper's senior editor, conducted interviews for the survey with several key figures on HDI's team, including Dr Stefan Sigulla, the member of the Executive Board responsible for Liability business, Patrick Smolka, Head of Financial Lines, as well as underwriters and cyber specialists at HDI branches in the Netherlands, Denmark, France, Spain and the United Kingdom. These interviews explore how risks in the cyber world can be mitigated and discuss the added value that insurance solutions can deliver.

Interview with Dr Stefan Sigulla, Member of the Board of Management of HDI Global SE

Interview with Juan Aznar Gáldiz, Managing Director of HDI Global SE, Spain

Interview with Patrick Smolka, Head of Financial Lines, HDI Global SE

Interview with Frank Holmgrun, Head of D&O and Crisis Management, HDI Global SE Denmark

Interview with Joppe Willeboordse, Senior Underwriter Special Lines & Cyber, HDI Global SE in the Netherlands

Interview with Dominique Guérit, Managing Director of HDI Global SE, France

Interview with Richard Taylor, managing director of HDI in the UK and Ireland

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Disclaimer

This news release contains forward-looking statements which are based on certain assumptions, expectations and opinions of the Talanx AG management. These statements are, therefore, subject to certain known or unknown risks and uncertainties. A variety of factors, many of which are beyond Talanx AG’s control, affect Talanx AG’s business activities, business strategy, results, performance and achievements. Should one or more of these factors or risks or uncertainties materialise, actual results, performance or achievements of Talanx AG may vary materially from those expressed or implied in the relevant forward-looking statement. Talanx AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors nor does Talanx AG accept any responsibility for the actual occurrence of the forecasted developments. Talanx AG neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

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