The Forum of Insurance Lawyers (FOIL) has announced the launch of its latest sector focus team (SFT), concentrating on cyber and digital liabilities.
The Cyber & Digital Liabilities SFT will focus on the impact of cyber and digital risks facing the insurance industry, as well as the risks associated with autonomous vehicles, drones, artificial intelligence and robotics. Its remit will be to facilitate training and events and spearhead campaigns to improve business understanding of these risks.
The SFT will be headed by Kurt Rowe (pictured), defendant insurance solicitor at Weightmans, with Clyde & Co’s Helen Bourne taking on the role of deputy. The team will comprise five to six lawyers from various FOIL member firms.
Kurt commented: ‘The insurance industry has been at the forefront of technological advancements seen in society over the past few decades. Technology will continue to shape our industry providing both threats and opportunities – with new technologies come new risks, something that the insurance industry knows a great deal about. However at FOIL we have found there is a need for improved understanding within the market—across the board from consumers, SMEs to major corporates—about the benefits of cyber insurance and the wide range of risks such insurance can cover.’
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