1. Washington, D.C. ~ November 7-9, 2007
Privacy and Insurance: How Is Personal Information Being Protected and Who Pays the Price?
Washington, D.C. ~ November 7-9, 2007

2. Privacy & Insurance Panel Members
MODERATOR: Bradley S. Gow, Vice President
Ace USA
Thomas Duym, Risk Manager
Automatic Data Processing
Mark Greisinger, President
Net Diligence
Robert Hammesfahr, Global Head of Reinsurance Claims
Swiss Re
Sherrie Savett, Shareholder
Berger & Montague, P.C.

3. Overview
New Regulations: corporate cost shifting vs. identity theft
Legal Developments: damages theories gaining traction?
Risk Management: organizational initiatives vs. IT focus
What’s Next: TJX, federal breach regulation, liability theories

4. Key Takeaways Recent high profile breaches have changed the game (TJX)
‘Cost shifting’ legislation is now in the pipeline
New theories of liability are gaining traction in the courts
Companies have consistent weaknesses in managing data
Risk management needed to handle the many different aspects on this exposure
Will the liability for breaches ultimately attach to the retailers and others that actually lose the data?