Cyber-Insurance Control-Evidence Adviser — Industrial Holdings

The mandate

The board cannot determine whether renewal representations about MFA, backups, segmentation and endpoint coverage match control operation across acquired industrial sites. Broker submissions summarise policy, while exclusions and loss scenarios depend on precise evidence at incident time. Its standing question is which categorical answers can be defended across the full insured perimeter and which require narrower wording, remediation or explicit retained risk.

The adviser commits four days monthly, remotely, with quarterly Vienna and scheduled Munich and Prague validation reviews. One working day each month is reserved for testing a material representation against site evidence and policy language. Material insurer questions receive a reasoned response within two working days, while formal answers remain with authorised management, counsel and the licensed broker.

The eight-month term ends after renewal and the first evidence refresh; a three-month renewal needs a minuted committee decision after assessing influence and conflicts. Renewal must name an unresolved board-level risk-transfer question. Claim activity, delayed remediation or routine policy administration alone does not extend the role.

The adviser has no line authority, insurance-placement mandate, control ownership or authority to make representations. Management, counsel and brokers retain execution and disclosure responsibility. The adviser may recommend narrowing an answer or declining a term but cannot bind coverage, instruct site operators, settle a claim or provide reserved legal advice.

Conflicts include insurers, brokers, forensic firms, security vendors and competing industrial boards. Fees, referrals, retainers and investments require full continuing disclosure. Any new work involving a bidder, coverage counsel or control provider named in the renewal pack requires advance committee-chair clearance.

Why the board wants this voice

Security describes control design while insurance documents ask categorical operational questions. Finance and legal need independent challenge before representations become warranties or disputed claim facts. The adviser connects tested evidence to risk-transfer decisions.

What you will own

• Challenge application answers against insured scope, operating period, acquisitions, exceptions and retained evidence from representative industrial sites.
• Test MFA, privileged access, backup immutability, segmentation, endpoint coverage and response assertions through sampled operating evidence.
• Map ransomware, business interruption, dependent supplier, data restoration and OT loss scenarios to coverage triggers and financial exposure.
• Press advisers on exclusions, sublimits, waiting periods, aggregation, consent requirements and evidence obligations that could impair recovery.
• Shape renewal choices through retained risk, premium, control investment, limit structure, recovery dependency and likely claim friction.
• Review evidence-refresh cadence for acquisitions, divestments, control failures and material identity, infrastructure or supplier changes.
• Equip the committee with representation ownership, evidence expiry, unresolved ambiguity, claim dependencies and retained-risk decisions before binding.

Candidate qualifications

• Advised boards on cyber insurance, technical control assurance and financial risk transfer as one decision rather than separate workstreams.
• Can evidence correction or qualification of a material cyber-insurance representation before binding and explain the coverage consequence.
• Tested identity, recovery, segmentation and endpoint controls across distributed industrial and recently acquired environments with inconsistent tooling.
• Interpreted exclusions, sublimits and claims mechanics without replacing licensed broker placement or reserved legal advice.
• Connected technical loss scenarios to waiting periods, financial retention, sublimits, aggregation, restoration expense and business interruption.
• Maintained documented independence from insurers, brokers, forensic firms and security vendors whose work or terms were reviewed.

Non-negotiables

• Can meet remote response and all European validation sessions.
• Will disclose insurer, broker, forensic and vendor relationships.
• Accepts no placement, representation or control authority.
• Has board-level cyber risk-transfer judgment beyond questionnaire support.

1. 49 words maximum. Which current insurance relationship could conflict with this role?
2. 49 words maximum. Describe a control representation you corrected before policy binding.
3. 49 words maximum. What evidence would invalidate a categorical MFA answer?