B0777
Title: Prior distribution for cyber insurance modeling and applications to risk transfer
Authors: Olivier Lopez - Ensae IP Paris (France) [presenting]
Abstract: A method to build a synthetic dataset of cyber incidents designed to price cyber insurance contracts is developed. This benchmark database can be used prior to developing Bayesian pricing methodologies for companies that are launching their activity and/or which want to develop insurance for a new segment of policyholders. Applications to designing proper risk transfer strategies are considered.
