Wednesday Feb 15, 2023
Ep 102: Insuring Against Cyber Liability and Exposure feat. Shawn Edgington
‘Digital’ must be one of the most commonly used words in business conversations today. Its usage extends far beyond IT to include nearly every internal and external effort. With so many of a company’s assets and activities being conducted via digital platforms, why isn’t cyber security more frequently included in those conversations?
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Shawn Edgington. Shawn is the Founder and CEO of CoverEase, a digital insurance brokerage that is transforming the way businesses shop for and purchase business insurance and group benefits by providing complete transparency to pricing from fifteen of the top insurance carriers in the country.
In this conversation, Shawn walks through the risks associated with cyber security and the potential rewards for companies that approach it thoughtfully:
- The current state of corporate cyber risk
- Why cyber liability is one of the most under-insured categories of commercial risk
- The types of exposure created for companies that do not get ahead of cyber risk
- How to ensure against this common type of exposure