Risks associated with the growing importance of data management, storage and protection to companies in the communications, media and technology (CMT) sector will be the focus of a conference to be hosted by Marsh later this year. The 15th annual Marsh CMT conference will take place in London on 10-11 May at the Royal Horseguards Hotel, One Whitehall Place, SW1A 2EJ.

Among the major issues to be discussed at the conference are:

• How the increasing digitalisation of data is impacting on the risks CMT companies face, such as the increased threat of cyber attacks, data loss and security breaches.
• Whether CMT firms are prepared for the impact of new data protection legislation being implemented across Europe this year.
• How new business models and convergence across the CMT industry are adding to insurers’ concerns about the risks they cover.
• How changing business models and new exposures have impacted on pricing for directors’ and officers’ liability insurance and how companies can secure better terms. 
• The future of outsourcing in enterprise value creation and how firms can more effectively manage the risks associated with cloud computing and other outsourcing partnerships.

“Business models in the CMT sector are changing rapidly, fuelled by the adoption of new technology and the pursuit of organisational cost-effectiveness,” commented Fredrik Motzfeldt, CMT Practice Leader for Marsh in Europe, the Middle East and Africa. “With these new business models come new risks, such as data breaches and system crashes. CMT companies need to have the latest information on how to manage these risks more effectively to preserve their reputations and sustain their market shares.”

Companies wishing to attend the seminar should contact Martin Folan.

Note: Journalists are welcome to attend the conference and should RSVP to Jason Groves.