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Ep. 15: Cyber – Risk and the Insurance Industry

Spot On Insurance
Cybersecurity
Robert Sargent

Shownotes

Robert Sargent is the Founder and President of Tennant Risk Services, a national wholesale insurance broker and underwriting manager that focuses on professional liability as well as specialty insurance coverages for all forms of businesses. He is also a past president of the National Association of Professional Surplus Lines Organizations (NAPSLO) and the author of the Specialty Insurance blog.

This episode brought to you by:


Insurance Licensing Services of America Logo

Insurance Licensing Services of America (ILSA), America’s premier regulatory compliance experts. To learn more visit ILSAinc.com.

Robert joins me to discuss what cyber risk is, how it can damage you and your business, and explain how to equip our companies with the right kind of protection against cyber-attacks.

“Exposures have evolved beyond just a data breach.”

Robert Sargent

What you’ll learn:

  • What is cyber risk insurance?
  • Why is cyber risk insurance important?
  • What kind of changes are we seeing in cyber-attacks?
  • How does Robert Sargent define cybercrime?
  • Real-world examples of cybercrime
  • What is ransomware and why is it trending?
  • What kind of coverage is needed for cyber risk?
  • The difference between data breach coverage and cyber risk insurance.
  • How do you get cyber risk insurance?

Key Takeaways:

  • Ransomware is the fastest growing form of cyber-attack. Not only can it hold your data, but also your business for ransom.
  • You need a comprehensive policy to protect yourself from cyber risk.

Connect with Robert

  • tennant.com/insurance

Resources Mentioned:

  • Specialty Insurance Blog

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Previous Post: « Ep. 14: Common Compliance and Regulatory Issues
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