Global IT Outages: Lessons Learned From Crowdstrike

Submit your questions ahead of this live Q&A session with top global IT outages expert, Sharon Haran.

The recent global CrowdStrike outage sent shockwaves through industries reliant on cloud-based cybersecurity solutions. The ripple effects, from downtime in healthcare systems to interruptions in financial services, have left many insurance professionals grappling with the systemic risks such incidents pose. But what does this mean for the cyber insurance industry? How can underwriters, brokers, and claims professionals better prepare for these high-impact events?

Event Overview

In this fast-paced digital landscape, understanding the intersection of cybersecurity, cloud infrastructure, and cyber insurance is more crucial than ever. To help you put the recent CrowdStrike outage into context, we are excited to host a live, quick-fire Q&A session with Sharon Haran, Chief Commercial Officer at Parametrix. This event will be a unique opportunity to explore the outage’s implications for risk accumulation, cyber policy underwriting, and the evolving landscape of cloud-based risks.

Sharon brings decades of expertise in the insurance and technology sectors. At Parametrix, a leading provider of cloud outage monitoring and insurance services, Sharon spearheads commercial strategy, partnerships, and reinsurance operations. With a deep understanding of both the technological and insurance aspects of cloud risk, Sharon is perfectly positioned to offer practical insights for professionals in the cyber insurance field.

Topics Covered

• The CrowdStrike Outage: What triggered the outage, and how did it impact various sectors?
• Risk Accumulation: Understanding how cloud service disruptions can lead to aggregated risks for insurers and reinsurers.
• Parametric Insurance: How innovative insurance models can offer fast, streamlined payouts and claims handling for cloud outage events.
• Underwriting Considerations: What can insurance underwriters learn from incidents like this, and how can they adjust their approach to cloud risks?
• Lessons Learned: Practical steps that insurers, brokers, and businesses can take to better protect against future outages.

Submit Your Questions

We want this session to be as interactive as possible! You’ll have the chance to submit questions in advance, and we will address them during the live session with Sharon. This is your opportunity to dive deep into the specifics of the CrowdStrike outage and get expert guidance on how to navigate the challenges it presents. Once you have saved your seat for this session, you’ll receive further instructions on how to submit your questions via email.

About Parametrix

Parametrix is at the forefront of cloud outage risk management, leveraging proprietary cloud monitoring technology to assess service interruptions and provide immediate insurance coverage for enterprise clients. Their parametric insurance solutions offer instant payouts based on predefined triggers, enabling businesses to recover quickly from cloud-related incidents.