0 Guy Carpenter Risk Manager for Corporate Insurance  HDO Role: – Day job / reinsurance intermediary – Several committee members are clients as respects their cyber reinsurance – “Others should be”! – Due my role must be facilitator/catalyst (“Cat Herder”)  Insurance sector has three components – Producers (brokers/agents) – Providers (insurers / reinsurers) – Consumers (risk managers / chief risk officers)  Diverse composition of sub-committee members – Various individuals taking ownership of one or more questions – Based upon expertise / interests

1 Guy Carpenter Risk Manager for Corporate Insurance  Question / Leader: – (5.1) “Doesn’t the company already have coverage for this?” (Oellrich) – (5.2) “What does cyber risk insurance cover?” (Oellrich) – (5.3) “What types of cyber security events are covered by this insurance and how are our insured events measured? (Parisi / Callahan w/ Kroll) – (5.4) “Does the policy specifically cover identity theft issues”? (Callahan / Vispoli) – (5.5) “Is there a Director & Officers exposure if we do not purchase the cover”? (Vispoli)

2 Guy Carpenter Risk Manager for Corporate Insurance  Question / Leader (Cont’d): – (5.6) “Where do we find an insurance broker who can assist in evaluating whether we need this type of insurance”? (Vispoli) – (5.7) “How do we know what insurance carrier to consider with respect to this insurance”? (Parisi) – (5.8) “Have there been any losses in this area”? (Murphy) – (5.9) “What does a policy cost”? (Parisi) – (5.10) “What are the other benefits of purchasing a specific cyber risk policy”? (Parisi)  Risk Management Sub-Committee’s task somewhat different than others in that we provided abbreviated answers to our own questions in Phase I

3 Guy Carpenter Risk Manager for Corporate Insurance  Next Steps: – Build narrative around these points – Compile / circulate output to all sub-committee members – Modify / edit / agree collective output – Develop pertinent materials for inclusion in appendices – Participate in appropriate publicity campaign as asked – Celebrate successful conclusion to Phase II!!!!